Replies to post #38580 on Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

Samsa- What I don't understand is why the loan is convertible at around 50 cents and not around 20 cents- where we are trading. I would LOVE to see Odidi convert that loan to shares at current market price. But I know he will not as he knows dilution is coming in the next two months... He won't subject his precious $1M loan to the hit equity takes with every dilution...

[doogdilinger]

The moment Odidiot got slammed and embarrassed by the Rexista adcom panel his actions since then prove that he threw in the towel here and has zero ability or desire to create a shred of value right Samsa.

So I totally agree that wimusky has Odidiots entire China backup plan figured out, and he's just gonna continue paying the 50+ salaries via dilution for as long as the market will absorb said dilution right!

It's just too bad that Odidiot failed so miserably at both his ANDA and NDA pipelines despite blowing through well over +$150M in dilution over the past 10 years. Had he been successful on a single drug then we could've at least launched a class action to regain some of our lost investment funds.

And the worst part is that I blame the FDA as much as Odidiot for even scheduling the doomed fateful Rexista adcom with only the IV properties identified by the FDA as supposedly up for FDA approval discussion! Had the FDA not purposely mislead all us IPCI investors into foolishly believing that the 4 IV properties were really all that was up for panel discussion on that fateful day, then every single 1 of us would've been forced to objectively view that fateful adcom day much harder than we ended up doing...but since it was the f-tards at the FDA themselves who scheduled the 4 IV topics up for agenda discussion that day, the FDA ended up being the main culprits responsible in fooling us IPCI investors into believing the AdCom panel was supposedly only going to be discussing the IV qualities the FDA themselves put on the adcom agenda...and we all learned that definitely was NOT the case to all of our collective chagrin.

And the saddest part about it is, that even if we all immediately blamed the FDA for their faulty Rexista AdCom IV agenda, there probably wasn't anything we could've collectively done about it back in July 2017 anyways, which is why the FDA is allowed to get away with fooling the investment community when they're just as responsible for perpetuating faulty misinformation as a lot of biotech PubCo's are.

Hell, the main reason the FDA probably had the faulty Rexista agenda in the 1st place was because they were Trump appointees who had no biz working at the FDA anyways like the majority of Trumps appointees throughout the govt sector hahaha