TC shows exactly what was said in the conference call. I think Joe’s point is that deal he was discussing is dead. Replaced by the new all Gnbt stock (owned by Joe and 3 others) with AE stock (5.5 mill shares). So the concern is basically- hey this Veneto has a team potentially in legal jeopardy with closing assets (pharmacy) and apparently significantly declining revs. Is that too much AE stock? Joe is saying the AE stock is his and those 3 members. It’s his shares so no effect at all on anyone else’s shares. His shares already existed.
The exhibit page of the 8k says:
4. Grant of Antigen Shares. On or about February 25, 2019 Generex caused a dividend distribution of Antigen Express. The Record Date of the dividend was after the contractual obligation and shares were to have been distributed to Veneto and the Issuees prior to February 25, 2019. Therefore, Generex will cause the issuance of 5,500,000 shares of Antigen Express to the Issuees, as the shares were owed to the Issuees prior to the dividend distribution of Antigen contractually, but never issued or delivered.”
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