Homer, the problem here is not that the other waivers will want to sell this low, but a lot of the deals were done at $2.50 with agreements that the price falls below a price, like $1.25, they get more shares to make them whole. This could be a huge issue too.

“I tend to agree that CMF’s bad behavior doesn’t necessarily entitle others who signed the waiver to the dividend, but the attorneys will have to decide. I don’t think the other folks will sell their shares at $.80 - many of those shares came from deals where they were applied as currency at $2.50 a share. Why would the holders suddenly decided to take $.80/share for the controlling interest in their former stand alone companies, particularly with the potential pps gains if GNBT executes its plan? “