Replies to post #36557 on Intellipharmaceutics International Inc. (IPCI)

[fabius]

that's my fear...nothing else announced except RS.

At that point shorters will try to use all their tools to have the price crashed below 1$ in 10 days ...and we understood during a very long periodo that Odidiot cannot remotely think a way to protect the share price from free falling.

waiting for the last possible second to announce somthing makes me think that once again they do not have a plan.

the CD just announced is only good for buying a little more time, but we have to remember that IPCI was required by the NASDAQ to show the ability to maintain equity requirements for the following 12 months.

So if they won't present something other than the RS the delisting could happen one way (price shorted below 1) or the other (equity requirement not proven to last 12 months)

Let's pray he has somthing !

[Samsa]

swe77, I have to disagree with you here. The RS is proportionate. so in order for the shorts to drive the price down they need to run it down to below Pre split range of below 10 cents a share.

remember, they are getting reduced as much as we are. the only reason they would be able to is if they have shares to cover their short position unless they are naked shorting. and then they still have to hope he doesn't announce anything.

I am not saying we wont continue to get shorted but they only drove us down to 23 cents before. That is equal to $2.30 post split. why didn't they drive us down to 10 cents beforehand? They didn't they actually covered some and brought the price back up.

If anything I just see us going back to the $2.50 range again the longer he does not announce anything.