(Total Views: 305)
Posted On: 01/30/2020 12:57:17 AM
Post# of 36566
Hi Doc,
I really like your post, which is why I gave it a thumbs up.
However, I see one flaw in your time line prediction. According to Joe's answer to my question as to how he wants to make sure that he does not give away more than half of the company through the S1, he answered "through the NGIO spin-off.
So the NGIO trading (and prior to that the related S1 approval) on Nasdaq should come BEFORE the S1 approval or at least the execution of the equity investment instrument and thus the $40m being made available to GNBT.
All that has to happen within the mentioned 30 day period, which has me thinking that Joe and his over optimistic approach to things might have set himself up for disaster again. Hopefully not and he knows what he is doing. It seems as if we can't do much else then wait and see how the story unfolds.
I really like your post, which is why I gave it a thumbs up.
However, I see one flaw in your time line prediction. According to Joe's answer to my question as to how he wants to make sure that he does not give away more than half of the company through the S1, he answered "through the NGIO spin-off.
So the NGIO trading (and prior to that the related S1 approval) on Nasdaq should come BEFORE the S1 approval or at least the execution of the equity investment instrument and thus the $40m being made available to GNBT.
All that has to happen within the mentioned 30 day period, which has me thinking that Joe and his over optimistic approach to things might have set himself up for disaster again. Hopefully not and he knows what he is doing. It seems as if we can't do much else then wait and see how the story unfolds.
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