“vs 1:1 dividend we would have 10000 shares. So a difference of only 1000 shares. BUT, in the short term NGIO could be worth much more than GNBT.”

Could be true.. shouldn’t be, gnbt owns 90% of NGIO. Why would I trade 1 GNBT for 2/5th’s GNBT and 2 NGIO that’s already in GNBT... that is literally slight of hand esque.