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Posted On: 11/18/2020 12:01:21 PM
Post# of 36566
rvbpk, you know who I think is selling to fund operations. Makes sense it is 2500 shares at a time. In fact, it may be some kind of sign to let the other MM know the company is selling shares and not to buy, or maybe to buy, I don't know. But from the 10K we see GNBT is converting and selling shares every day to every 4 days. There's your ceiling...
Quote:
All of the following are subsequent to July 31, 2020:
On August 7, 2020, we converted $54,222 of principal, $750 in fees, $87,274 in penalties and $250 of interest into 400,000 shares of common stock.
On August 11, 2020, we converted $46,746 in penalties into 140,496 shares of common stock.
On August 18, 2020, we converted $25,000 of principal into 76,219 shares of common stock.
On August 21, 2020, we converted $31,667 of principal, $750 in fees and $6,162 of interest into 120,558 shares of common stock.
On August 25, 2020, we converted $25,000 of principal into 76,200 shares of common stock.
On August 31, 2020, we converted $35,000 of principal into 134,615 shares of common stock.
On September 9, 2020, we converted $93,867 of principal and $5,809 of interest into 408,504 shares of common stock.
On September 10, 2020, we converted $40,000 of principal into 163,934 shares of common stock.
On September 15, 2020, we converted $70,800 of principal into 300,000 shares of common stock.
On September 16, 2020, we converted $18,000 of principal and $750 of fees into 86,805 shares of common stock.
On September 18, 2020, we converted $50,000 of principal into 265,957 shares of common stock.
On September 22, 2020, we converted $30,000 of principal into 164,473 shares of common stock.
On September 25, 2020, we converted $30,000 of principal into 210,674 shares of common stock.
On September 25, 2020, we converted $15,867 of principal and $750 of fees into 116,690 shares of common stock.
On September 25, 2020, we converted $60,000 of principal and $750 of fees into 421,348 shares of common stock.
On September 29, 2020, we converted $30,000 of principal into 210,674 shares of common stock.
On September 29, 2020, we converted $64,080 of principal into 450,000 shares of common stock.
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On October 5, 2020, we converted $50,000 of principal into 351,123 shares of common stock.
On October 5, 2020, we converted $4,500 of interest and $32,000 of penalties into 256,320 shares of common stock.
On October 6, 2020, we converted $35,000 of principal and $750 of fees into 251,053 shares of common stock.
On October 7, 2020, we converted $40,000 of principal and $22,000 of interest into 435,393 shares of common stock.
On October 7, 2020, we converted $15,120 of principal and $74,877 of interest into 632,000 shares of common stock.
On October 13, 2020, we converted $25,000 of principal and $5,704 of interest into 187,219 shares of common stock.
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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.
