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Posted On: 01/03/2019 10:53:59 AM
Post# of 36549
Figures, right...Good progress in any event!
See this partial post from another board regarding the financing:
Second and more importantly. An equity line on an otc generally means, GNBT will dump shares onto its market via its equity line partner. Essentially a toxic funding in most cases. Typically GNBT would draw down on the equity line, the funder would front run the draw down by dumping shares in the market and then covering at a discount through GNBT
See this partial post from another board regarding the financing:
Second and more importantly. An equity line on an otc generally means, GNBT will dump shares onto its market via its equity line partner. Essentially a toxic funding in most cases. Typically GNBT would draw down on the equity line, the funder would front run the draw down by dumping shares in the market and then covering at a discount through GNBT
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