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Generex Biotechnology Corp GNBT
(Total Views: 358)
Posted On: 06/05/2019 9:13:51 PM
Post# of 36564
Posted By: rjs9787
Re: rjs9787 #3988
“Additionally, on October 4, 2018, the Company sold the bulk of its pharmacy and laboratory operations to Nugenerex Distribution Solutions 2, LLC (NDS), a third party. On November 2, 2018, the Company sold the remainder of its operational assets as well as the MSO to the same third party. Upon completion of the second acquisition the Company effectively no longer has operations.”

So once the entity sells their assets to Gnbt, you no longer have those revenue generating assets. Obviously.













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