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Posted On: 09/25/2019 12:03:08 AM
Post# of 36549
Well, market cap dropped to 112 million roughly...
https://www.otcmarkets.com/stock/GNBT/security
Honestly, someone did not do a question / answer with the OTC on what would happen when the shares were retired. I simply don't see any benefit to what occurred.
I know the future overall is promising, but this was a big drop in the bucket so to speak and I'm not sure why GNBT was not all over it.
Edit: So, my bigger question also, what does this do to the stock price in the morning? Does it take a further hit?
https://www.otcmarkets.com/stock/GNBT/security
Honestly, someone did not do a question / answer with the OTC on what would happen when the shares were retired. I simply don't see any benefit to what occurred.
I know the future overall is promising, but this was a big drop in the bucket so to speak and I'm not sure why GNBT was not all over it.
Edit: So, my bigger question also, what does this do to the stock price in the morning? Does it take a further hit?
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