That’s because the $3 million of debt that namtae is talking about can be converted at 70% of the average price for the last 10 days. So come July 24 if we are hanging around two dollars per share, that would be $1.40 per share that’s only like 2 million shares. That’s not exactly toxic as namtae is trying to make out.
(1)
(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.