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Generex Biotechnology Corp GNBT
(Total Views: 305)
Posted On: 06/24/2020 4:46:56 PM
Post# of 36567
Posted By: Buildit
Maybe is part of a multi-pronged funding approach.

1). Could there still be a direct placement of NGIO shares thru a traditional underwriter?

2). GNBT could sell NGIO shares directly to the market.

3). Joe could (if deal is inked and approved) put NGIO shares to Oasis, which will then sell them into the market.

4). GNBT could (if approved) put shares of GNBT to Oasis.

5). GNBT could (if approved) sell Pref Shares

6). GNBT could (if approved) issue GNBT common shares (the other S-1 we haven’t touched on much).

And while all these items work their way thru bureaucracy, CV research moves forward. As the picture develops, Joe could pick and choose from these funding options based on the state of things in a month or two.

Of course... with the Iliad injunction, can ANY of these items be approved?














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