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01/06/12 6:47 PM

#18 RE: elks #17

Some quick DD here. 66,738,422 shares outstanding. Assets sold to this company in 2008 : http://www.amneal.com/contact/


From the proceeds of the sale all liabilities of Interpharm were paid in full as well as the preferred shareholders getting some $$.

This is a totally clean shell, 15-12B filed May 13, 2008 which makes it easier for a R/M.

THIS IS WHAT I BELIEVE IS DRIVING THE STOCK RIGHT NOW, TAKE A LOOK AT THE SHORT POSITION ON THE BOOKS FOR OVER 2 YEARS!

http://www.otcmarkets.com/stock/IPAH/short-sales

With volume picking up the squeeze is on.

Happy trading

MS99