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Posted On: 06/27/2020 12:24:34 PM
Post# of 36542
Below is an excerpt from yesterday’s PR - did you guys notice that ngio is planning on doing an acquisition? I wonder which company ngio is acquiring...
This is an exciting time for NGIO. Now that the company is officially spun out of Generex, we will move to unlock its true value and get its shares trading on a major exchange. We believe the listing of NGIO on Nasdaq will allow the management team to execute on its strategy, and to complete a synergistic acquisition which will add substantial value and synergistic technology for its core assets. And because NGIO remains a subsidiary of Generex, the listing will also add substantial value to Generex (GNBT) shareholders.”
This is an exciting time for NGIO. Now that the company is officially spun out of Generex, we will move to unlock its true value and get its shares trading on a major exchange. We believe the listing of NGIO on Nasdaq will allow the management team to execute on its strategy, and to complete a synergistic acquisition which will add substantial value and synergistic technology for its core assets. And because NGIO remains a subsidiary of Generex, the listing will also add substantial value to Generex (GNBT) shareholders.”
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