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Posted On: 04/27/2021 12:45:20 PM
Post# of 36566
RJS, if at least part of your post is in reference to mine, I actually think we’re in complete agreement on your points.
I did not say it was a non-event. It is certainly progress.
Also, I 100% agree with your statement of “Not every update should be measured about whether a press release is appealing to new investors.” And we obviously haven’t held the company to any such standard.
The only caveat I am adding is that, in the near future, the company does need to have at least ONE such announcement.
We need investors and an IPO desperately. Without an NGIO IPO or some interest that drives the GNBT price enough to make it a viable currency for the company, the mounting debt and lack of cash will lead to further (and massive) dilution.
Progress is good. But we need an IPO, an IND, or a source of cash flow.
I did not say it was a non-event. It is certainly progress.
Also, I 100% agree with your statement of “Not every update should be measured about whether a press release is appealing to new investors.” And we obviously haven’t held the company to any such standard.
The only caveat I am adding is that, in the near future, the company does need to have at least ONE such announcement.
We need investors and an IPO desperately. Without an NGIO IPO or some interest that drives the GNBT price enough to make it a viable currency for the company, the mounting debt and lack of cash will lead to further (and massive) dilution.
Progress is good. But we need an IPO, an IND, or a source of cash flow.
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