(Total Views: 515)
Posted On: 04/10/2021 3:10:58 PM
Post# of 36564
As much as I hate to see the "drunken sailor" posts from MMPJOE (which we all assume to be our CEO) and agree with many points being made by board members, I do have to mention a few things in the MMPJOE's defense...
- Previous management inflicted some very heavy damage to our reputation
- The FDA, SEC and FINRA are probably some of the hardest regulators in the world to deal with
- Trying to have a business relationship in China as a US company comes with many obstacles these days
- Getting China to support a Covid-19 vaccine from the US goes against "national pride" and must be an even bigger obstacle
- It must be very hard to attract talent, money or be taken seriously when you have no operating capital/income and an accumulated deficit of $489M (as of 1/31/2021) and trade on the OTC at a $32M MktCap
There is a reason why GNBT is at $0.27575 on the OTC at a $32M MktCap even with NUGX trading at $1.06 (a $106M MktCap ???).
The only thing that will overcome all obstacles is delivering on promises made while sticking to timelines given. PERIOD.
P.S. And please stop the "drunken sailor" posts. They are not helping our investment!
- Previous management inflicted some very heavy damage to our reputation
- The FDA, SEC and FINRA are probably some of the hardest regulators in the world to deal with
- Trying to have a business relationship in China as a US company comes with many obstacles these days
- Getting China to support a Covid-19 vaccine from the US goes against "national pride" and must be an even bigger obstacle
- It must be very hard to attract talent, money or be taken seriously when you have no operating capital/income and an accumulated deficit of $489M (as of 1/31/2021) and trade on the OTC at a $32M MktCap
There is a reason why GNBT is at $0.27575 on the OTC at a $32M MktCap even with NUGX trading at $1.06 (a $106M MktCap ???).
The only thing that will overcome all obstacles is delivering on promises made while sticking to timelines given. PERIOD.
P.S. And please stop the "drunken sailor" posts. They are not helping our investment!
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