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Generex Biotechnology Corp GNBT
(Total Views: 278)
Posted On: 04/26/2020 10:42:27 AM
Post# of 36564
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Posted By: tc2000chartreader
Re: Pokey123 #15543
True Pokey, thanks for the clarification. However it is so that the arbitrator can determine the value of the warrants on 9/24/18. At that time, we were about 20% below the exercise price, so what would the warrants be worth. It was before the run up for the 20:1 dividend. There is no guarantee that Three Brothers would have exercised the warrants. So would 84K warrants have been valued at $0.50 for the time value on that date. Keep in mind that they should not get the 20:1 on the warrants because the ruling is of that dat 9/24/2018. The dividend was not paid at that time.













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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.



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