Replies to post #38488 on Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

Fabius- The new offering won't be announced until all the shares are sold. That is the way it works with IPCI. Nobody will invest in them. So they need to pump and short sell prior to offering to generate Odidi's funds. I am guessing 20-25M shares will be sold for about $3-5M. Or roughly a 50% dilution for less than a quarters worth of operating cash.