Replies to post #36643 on Intellipharmaceutics International Inc. (IPCI)

[doogdilinger]

Mike's allowed to be upset about what a disaster Odidi turned this company into, and the sheer amount of disdain Odidi continues to show the market and his shareholders through his ongoing abysmal market communication skills has become intolerable for many I'm sure.

Think about the ugly facts of it all...Odidi is still paying 50+ employees for what exactly, because it sure as hell isn't for creating any fresh value or catalysts, which is why there's been nothing but share price erosion in play for over a full year and counting.

So I don't blame mike for wondering if the 50+ employees are showing up for work each day, as a way to try to gauge if this company is even doing anything anymore besides sitting around on their collective hands each day collecting fat paychecks at the expense of shareholder dilution while absolutely nothing of material relevance gets accomplished.

Besides the eventual launch of the Rexista HAP studies in May which are being handled by an outside firm...what positive news has IPCI even put out since the July 2017 adcom disaster last year?

Odidi just continues to pay all the executive salaries and the salaries of his 50+ employees, but he hasn't accomplished anything in the past 18 months and counting, besides crucifying everyone with his reverse split and not even having the balls to communicate IPCI's story to market anymore so that informed decisions can be made by all the shareholders he just crucified.

Odidi can't even be bothered putting out news about PODRAS anymore, after telling everyone proof of concept human trials would be completed in the 1st half of this year.

All Odidi does is hide under his desk these days and put out a constant stream of negative news. Not once has he bothered even trying to portray IPCI in a positive light going into and immediately after his reverse split, which is pretty much a sure sign that he's preparing to deliver more ugly dilutive financing news by the end of this month if he can get the Nasdaq to remove their delisting threats first.

And that's about as ugly a situation still brewing as it gets...since it seems to affirm that Odidi's just trying to stretch out all the company paychecks for another 6 months and avoid another round of NAZ delisting notifications for as long as he can while the dilution keeps paying all the fat salaries involved despite no positive material progress being accomplished whatsoever.

[wimike]

If I lived nearby I would go past maybe on a weekly basis if only a few minutes out of the way, that is if I had a significant investment in the company. If I didn't I would not bother.