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Replies to post #35859 on Intellipharmaceutics International Inc. (IPCI)
bluelucky
07/20/18 10:47 AM
#35862 RE: doogdilinger #35859
tilator
07/20/18 10:48 AM
#35863 RE: doogdilinger #35859
If the warrant strike prices remain as they are then IPCI won't generate 1 dime from this maneuver, it will just aid them in meeting the shareholder equity requirement for maintaining their NAZ listing. But if the warrant strike prices are dramatically lowered to current share prices or lower...then there's a chance they could do some more dilution leading into the reverse split next month of up to approx. 6M shares dumped into the tradable float.