Replies to post #37257 on Intellipharmaceutics International Inc. (IPCI)

[wimike]

Bio...they don't have nearly enough to terminate their employment.
In a Bankruptcy if I am not mistaken, employees get paid first, then vendors, bondholders, then if anything left stockholders. Of course, there would be nothing left after the salaries get compensated for. My opinion.

[Samsa]

sounds like a golden parachute clause to me. no doubt put in because he knew the latest offering was for 50% of the company