I guess the only thing I can reply to that is that

I guess the only thing I can reply to that is that yesterday, there were also bids in the $2.65 range and the stock closed at $2.74. I am assuming OTC will adjust the share count after the close of business one day, so the mid-day stuff probably doesn't mean a lot. I too would like the price to be higher when the adjustment occurs, but that just means the market cap is higher on that particular day. If that is the correct market cap for the stock, even if it adjusts at a lower price, it should return to that level shortly after the retirement is completed. If the market cap is not perceived to be fair at that high level, it will retreat after the retirement - and either way, we end up with the same benefit.

A thought did occur to me this morning (I broke out in a sweat, but I got better) - is there any chance the OTC is not going to proceed with adjustment because they know GNBT is going to the Nas within a short period, and it is just more hassle than it's worth for OTC to mess with it? I know that goes against my argument that the OTC must operate within regulatory guidelines, but maybe they figure...so sue me! I mean it is the OTC, and their record on complying with all the rules could be openly questioned.