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Posted On: 12/02/2019 10:52:09 PM
Post# of 36567
That would work. Doesn't look like Joe is on the board tonight. Can you or someone that knows him get that idea to him?
Quote:
Creek, I kinda answered that is a later post. If CMF buys 2M restricted shares from GNBT for $5M, then GNBT buys $5M worth in the open market (probably at least 2M shares with that $5M), then GNBT can use those 2M+ shares to make the non due bill shareholders whole. Net effect would be 2M +/- shares more in the float.
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