Replies to post #37366 on Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

I mean this offering is his last attempt to save company. Many people suggested to him to sell some assets off and partner things. But he refused to listen... Now he feels it is prudent to sell 2/3 of company for maybe $10m. I guess he just wants to collect his salary to the bitter end.