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  4. Generex Biotechnology Corp. (GNBTQ) Message Board

No hiccups in financing - plenty of funds want to

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Post# of 36564
(Total Views: 319)
Posted On: 04/06/2019 11:21:05 AM
Posted By: MMPJOE
Re: docj #3372
No hiccups in financing - plenty of funds want to give money but none less then 30 percent, so add 30 percent atleast to each acquisition cost, we are not on the Nasdaq or NYSE, We do not deserve the benefit of the doubt where 99 % of all otc companies never deliver, you guys are dreaming if you think anything different, unfortunately I won't raise 21 million all one shot with funds that turns into 30 million in real costs and dilution at the least, here you pay 21 million and that's it, and it comes out of the shares the members of the pool own, and yes we own those, we have them in our name no Generex name, we sell them or transfer them not Generex, Generex gets the whole benefit. So if I have a choice of raising 21 million in the market with atleast a 30 percent profit baked in or financing with the owners at exactly 21 million at 2.50 a share it's pretty obvious what I'm picking, now if we don't continue to execute and the 2.50 leap of faith the sellers of Vineto, all 40 of them don't get 21 million and they only get 19 million yes we make up 2 million dollars. But there are no ratchets like funds would put on, there is no life time downside protection or any other toxic parameter - it's simply 21 million guaranteed!

Drexel you will be unveiled soon I have my beliefs on who you are but it's very easy to find out in today's age, that I assure you - I like lawyers and lawsuits and for sure going after slime!


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