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Posted On: 01/06/2021 1:37:59 PM
Post# of 36541
TC
Under a normal circumstance, I could agree. But GNBT is a holding company, holding NGIO stock. Is there any legal reason that GNBT could not give their employees a stock (NGIO) that they own (hold)? Since the 10-Q simply says “stock” that could be GNBT stock or NGIO stock that GNBT legally owns and can do whatever they want to do (like giving us GNBT stockholders free shares).
Under a normal circumstance, I could agree. But GNBT is a holding company, holding NGIO stock. Is there any legal reason that GNBT could not give their employees a stock (NGIO) that they own (hold)? Since the 10-Q simply says “stock” that could be GNBT stock or NGIO stock that GNBT legally owns and can do whatever they want to do (like giving us GNBT stockholders free shares).
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