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Posted On: 01/06/2021 1:23:50 PM
Post# of 36541
While that would be a great idea, since this was a GNBT 10Q and it does not specifically say (NGIO stock being held by GNBT), then the reference is that $6M of GNBT stock will be issued.
Quote:
How about this possible scenario:
The delay in stock issuing is because the NGIO stock doesn’t have a current value, but once the NGIO IPO has a date and value (by Jan 31?), the $6 million can be divvied up into the appropriate shares (from the 300+ million NGIO shares GNBT owns – no dilution) and given to the employees just like we got our FREE NGIO shares.
Read More: https://investorshangout.com/post/view?id=600...z6inFBj1XM
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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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