(Total Views: 208)
Posted On: 09/30/2019 9:09:22 AM
Post# of 36566
Joe, I know you feel like you are getting bombarded on here, and I apologize if I am adding to it, but if you can just answer this one question that I have been asking, I will be happy, I think. 
GNBT came up with the formula for the 1:1 dividend. of 60/69. That has been put out there for the world to see. On October 29th or 30th, whatever date it is going to be used on, how can the shareholders on record be assured that that formula is going to be used and that the OTC will not simply do a 50% split on share price and we see a drop from let's say 2.20 in share price to 1.10 in share price. In all honesty, that would be devastating I think to both company and shareholders.
GNBT needs to ensure that the formula is used as planned, so the share price is covered.
GNBT came up with the formula for the 1:1 dividend. of 60/69. That has been put out there for the world to see. On October 29th or 30th, whatever date it is going to be used on, how can the shareholders on record be assured that that formula is going to be used and that the OTC will not simply do a 50% split on share price and we see a drop from let's say 2.20 in share price to 1.10 in share price. In all honesty, that would be devastating I think to both company and shareholders.
GNBT needs to ensure that the formula is used as planned, so the share price is covered.
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