Replies to post #35832 on Intellipharmaceutics International Inc. (IPCI)

[tilator]

Are you saying they get the shares for absolutely nothing?

Who is getting what? Be more precise.

The sellers are selling shares for 0.455$/piece. Warrants go with shares to buyer. Sales price goes to sellers. IPCI does not get anything yet.

If buyer converts warrants to shares, IPCI will get money. That's it.

The warrants are the same warrants share holders (sellers) already have.

That's how I understood it.