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Posted On: 12/02/2020 8:35:58 PM
Post# of 36541
Hey rjs, maybe you know this or you, doc or Beasley can reach out to Joe (since I’m out of the loop). Larry Salvo, once a buddy of Joe and on our BOD, had a falling out with Joe.
https://themorningherald.com/news/consortium-...st/0231831
So Larry is part of a consortium selling Covid rapid tests. This article is back from June (and was sent to me via DM), so was Larry still part of GNBT or on the BOD then? If so, was he selling against us and breaking confidentiality? What was the fallout between Joe and Larry? Is Larry still on our BOD or has our website just not been update due to lack of concern to keep it up to date?
https://generex.com/company
“ Lawrence Salvo - Director
Mr. Salvo served as Director. Previously he was Generex Executive VP of Diagnostics and President of Hema Diagnostic Systems until March 2017, and therefore is not independent.
Mr. Salvo is the founder of Hema Diagnostic Systems which grew out of the predecessor company, International Diagnostics and Medical Supply. In his role at HDS, he was directly responsible for all international negotiations, applications, and approvals from the World Health Organization (WHO). Since selling HDS to Generex, Mr. Salvo has been an active member of the Generex board, and has engaged in external consulting activities, primarily in international development. He is a graduate from St. Vincent de Paul Major Seminary, Boynton Beach, Florida.”
https://themorningherald.com/news/consortium-...st/0231831
So Larry is part of a consortium selling Covid rapid tests. This article is back from June (and was sent to me via DM), so was Larry still part of GNBT or on the BOD then? If so, was he selling against us and breaking confidentiality? What was the fallout between Joe and Larry? Is Larry still on our BOD or has our website just not been update due to lack of concern to keep it up to date?
https://generex.com/company
“ Lawrence Salvo - Director
Mr. Salvo served as Director. Previously he was Generex Executive VP of Diagnostics and President of Hema Diagnostic Systems until March 2017, and therefore is not independent.
Mr. Salvo is the founder of Hema Diagnostic Systems which grew out of the predecessor company, International Diagnostics and Medical Supply. In his role at HDS, he was directly responsible for all international negotiations, applications, and approvals from the World Health Organization (WHO). Since selling HDS to Generex, Mr. Salvo has been an active member of the Generex board, and has engaged in external consulting activities, primarily in international development. He is a graduate from St. Vincent de Paul Major Seminary, Boynton Beach, Florida.”
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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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