OJ, you won't need to purchase it if you have shar
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Posted On: 01/04/2019 2:36:51 PM
Re: OrlandoJohn #941
OJ, you won't need to purchase it if you have shares of GNBT on the ex-date day. Per the PR this morning, it will be a spin-out, therefore, if you own a share of GNBT, you will get some percentage of a share of the new stock. That percentage hasn't been set yet, nor has the date.
This was just an announcement that Joe is doing the groundwork to make this happen. I believe it is an attempt to unlock some value for AE37, but maybe there are other forces at work as well.
This was just an announcement that Joe is doing the groundwork to make this happen. I believe it is an attempt to unlock some value for AE37, but maybe there are other forces at work as well.
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