I was just looking at the conf call transcript and
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Posted On: 08/05/2019 11:36:46 AM
I was just looking at the conf call transcript and realized my Q&A with Joe was 5 pages of the 25 pages, so I took up 20% of his time...as usual...lol.
BTW, did everyone see that GNBT is paying off the next note in CASH. That must mean they are making revenue. It will be interesting to see the next quarterly earnings and how things should change.
BTW, did everyone see that GNBT is paying off the next note in CASH. That must mean they are making revenue. It will be interesting to see the next quarterly earnings and how things should change.
Quote:
In addition, GENEREX has recently announced to be paid $3.1 million in long standing debt. At market closing price of $2.81 a share, Tuesday, July
16. We also have paid off other notes and we’ll be paying off another note in
cash next week, which the fund has agreed to receive. All this debt, which
now has paid or will be paid next week will enhance our NASDAQ listing
review as well as strengthen our balance sheet.
(2)
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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.