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Posted On: 04/14/2020 12:16:45 PM
Post# of 36541
Re: Zolis_onkel #15205
Of course government funding would be a heck of a boost.
Problem is, the government(SEC) hasn't approved Generex's S-1 which is necessary for the removal of the "going concern" statement and acknowledges Generex as a real company. If I was the federal government, dealing with an OTC parent company with limited funds sufficient for current operating expenses I would think carefully about providing funds to them or their subsidiary, which has ZERO funds and is in the process having a Form 10 reviewed.
Problem is, the government(SEC) hasn't approved Generex's S-1 which is necessary for the removal of the "going concern" statement and acknowledges Generex as a real company. If I was the federal government, dealing with an OTC parent company with limited funds sufficient for current operating expenses I would think carefully about providing funds to them or their subsidiary, which has ZERO funds and is in the process having a Form 10 reviewed.
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