I can see what Orlando means. In the past, we would see GNBT price drop a few pennies, and we hold saying it’s only a few pennies. Then a few pennies more, and continue a few pennies, before you know it, it is dollars. I think this is different because we will supposedly have great revenue coming in. What concerns me is that they are taking out horrible debt right now, when we should have close to 3 months of Veneto revenues coming in. Joe has said that Veneto always showed little money left because the owners took the money since they were taxed on it anyway. Joe said that changes now that they are owned by a public company. Well, where is that $2M or so that should be left?
(0)
(0)
Generex Biotechnology Corp. (GNBTQ) Stock Research Links
Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.