(Total Views: 378)
Posted On: 12/21/2021 2:41:07 AM
Post# of 36541
Hylander, I think I wrote about this in several previous posts.
I agree that there has to be value in this company several times the current market cap even when we disregard the entire covid vaccine story.
The reason why the pps is as low as it is today, is that the last time we heard about the roll out plans of Excellegen was during the last CC in May. It all sounded very promising, but whether or not progress was made according to that plan and the plan is 9 months further down this road or not, no one outside the inner circle of the company really knows.
This uncertainty is what is killing any kind of share price action, and the fact that no 10-K was filed and not even an application for late filing for the Qs were filed, are surely not helping neither.
So let's assume that eventually the potential gag order is lifted and the companies will finally publish their Ks and Qs and let us all in on what happened in the last 9 months that they have been so non communicative. I am sure that pps will immediately jump significantly, just because the uncertainty is lifted and everyone now knows that the "cat is still alive"
What really pisses me off is the thought that all this might be ordered by the SEC, who are supposed to be working to protect shareholders from harm, but with all this (assuming it is them doing this) they are driving this company into the ground and with that acting everything else than in our favor. Especially by neither publicly announcing the investigation nor allowing the company to communicate this to the public nor halting trading of the company's securities, and thus making the pps an easy target for the games mms play.
Depending on the outcome of this mess, I would rather look into sueing the SEC then the BOD or GNBT's management, because it is very likely that the latter can do very little in this current situation, but it is these state officials who are causing all that harm to the companies and us shareholders.
I agree that there has to be value in this company several times the current market cap even when we disregard the entire covid vaccine story.
The reason why the pps is as low as it is today, is that the last time we heard about the roll out plans of Excellegen was during the last CC in May. It all sounded very promising, but whether or not progress was made according to that plan and the plan is 9 months further down this road or not, no one outside the inner circle of the company really knows.
This uncertainty is what is killing any kind of share price action, and the fact that no 10-K was filed and not even an application for late filing for the Qs were filed, are surely not helping neither.
So let's assume that eventually the potential gag order is lifted and the companies will finally publish their Ks and Qs and let us all in on what happened in the last 9 months that they have been so non communicative. I am sure that pps will immediately jump significantly, just because the uncertainty is lifted and everyone now knows that the "cat is still alive"
What really pisses me off is the thought that all this might be ordered by the SEC, who are supposed to be working to protect shareholders from harm, but with all this (assuming it is them doing this) they are driving this company into the ground and with that acting everything else than in our favor. Especially by neither publicly announcing the investigation nor allowing the company to communicate this to the public nor halting trading of the company's securities, and thus making the pps an easy target for the games mms play.
Depending on the outcome of this mess, I would rather look into sueing the SEC then the BOD or GNBT's management, because it is very likely that the latter can do very little in this current situation, but it is these state officials who are causing all that harm to the companies and us shareholders.
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