(Total Views: 426)
Posted On: 08/20/2021 12:25:22 PM
Post# of 36541
My biggest question on this is that they can put out PRs saying they will be putting in an IND or they will be doing an IPO or they will have these clinic setups in Arizona, Florida or Ohio or other deals similar or the selling in Excellagen, but then if they can put that information out, why can't they also follow up with the results of any of them.
Why would a quiet period allow part information, but not the final result information? That to me is what does not make any sense.
For example, I responded to Todd saying that Joe tells us to call Dawson and James to get information on the IPO, but Dawson and James won't return calls, so Joe either needs to tell us what is going on, or he needs to get on the phone and tell Dawson and James that as they are working for Generex / NGIO on this IPO, they need to respond back to his shareholders and give them the information as he made the commitment for them to contact DJ. That is the ethical thing to do.
A company has responsibilities to the shareholders and right now, the management of Generex / NGIO is not showing any responsibilities. That is a huge concern. It's not about giving advice to shareholders, it's about giving information on what is going on when you are telling shareholders what you have been working on prior, giving timelines, giving expectations and then there is nothing. Even in so called quiet periods, they had CCs.
We have a huge problem here and it is the way management is managing the message and the company as whole.
Why would a quiet period allow part information, but not the final result information? That to me is what does not make any sense.
For example, I responded to Todd saying that Joe tells us to call Dawson and James to get information on the IPO, but Dawson and James won't return calls, so Joe either needs to tell us what is going on, or he needs to get on the phone and tell Dawson and James that as they are working for Generex / NGIO on this IPO, they need to respond back to his shareholders and give them the information as he made the commitment for them to contact DJ. That is the ethical thing to do.
A company has responsibilities to the shareholders and right now, the management of Generex / NGIO is not showing any responsibilities. That is a huge concern. It's not about giving advice to shareholders, it's about giving information on what is going on when you are telling shareholders what you have been working on prior, giving timelines, giving expectations and then there is nothing. Even in so called quiet periods, they had CCs.
We have a huge problem here and it is the way management is managing the message and the company as whole.
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