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Posted On: 12/03/2019 11:10:35 AM
Post# of 36549
Hi TC, this is a great idea! Please let us know once you are able to tell joe your idea.
If this can happen, just the announcement of this would probably propel the PPS to new heights, imho.
TC’s idea -
What are your thoughts on going to CMF and telling them they must buy 2M restricted shares from Generex (share count goes up 2M) at the price of $2.50/share that has been used in all your deals. This would give $5M to Generex. Then Generex would announce a share repurchase agreement on the open market for $5M to be completed in 1 month. This puts CMF back in compliance, and allows Generex to control the repurchase in the open market, so the share price can rise on Generex's terms and not be done on CMF advantage of buying shares at a low price here.
Read More: https://investorshangout.com/post/view?id=560...z673p1WAzb
If this can happen, just the announcement of this would probably propel the PPS to new heights, imho.
TC’s idea -
What are your thoughts on going to CMF and telling them they must buy 2M restricted shares from Generex (share count goes up 2M) at the price of $2.50/share that has been used in all your deals. This would give $5M to Generex. Then Generex would announce a share repurchase agreement on the open market for $5M to be completed in 1 month. This puts CMF back in compliance, and allows Generex to control the repurchase in the open market, so the share price can rise on Generex's terms and not be done on CMF advantage of buying shares at a low price here.
Read More: https://investorshangout.com/post/view?id=560...z673p1WAzb
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