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Generex Biotechnology Corp GNBT
(Total Views: 441)
Posted On: 04/04/2019 3:06:21 PM
Post# of 36564
Posted By: icaredoyou
Should have heeded the warnings! Veneto was a mirage. You counted on their revenue to carry you through. The truth is out. It is worthless. Due diligence was not done properly or it wouldn't have been renegotiated multiple times and yet still not have a definitive value. The pharmacies are gone, the lab is gone, the employees are gone, the tiny bit of revenue is gone and as for accounts receivable, i am sure they are all clawed back. Not sure how you answer for that. As for the acquisition of a pharmacy chain and the hospitals..no longer mentioned. They don't exist and it is wrong to string along investors with a pipe dream. Who is going to participate in an MSO that can't offer anything and also has such a tainted history? Where is the money going to come from to support GNBT? It feels like a lot of atty bills are in your future.













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