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Generex Biotechnology Corp GNBT
(Total Views: 414)
Posted On: 05/25/2021 1:11:46 PM
Post# of 36566
Posted By: balleroni
Re: FanMail #29657
I think it's more of a dilution rather than a reverse split. Whatever. And regardless of whether they are called NGIO, NUGX, Share A once they enter the main pool of IPO shares they will dilute them. The fact that A Shares/NUGX are owned by Joe and GNBT gives confidence to the process that the guy leading the push to NASDAQ isn't going to screw himself or the largest shareholder (GNBT). As far as the bizarre speculation that DJ is orchestrating NGIO management decisions ... it's just too tedious to even comment on. Suffice to say that Joe indicated in the CC that the NUGX issue was negotiated by NASDAQ to protect NGIO.













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