MIRAMAR, Fla., Sept. 16, 2019 (GLOBE NEWSWIRE) --
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Posted On: 09/19/2019 11:22:51 AM
MIRAMAR, Fla., Sept. 16, 2019 (GLOBE NEWSWIRE) -- Generex Biotechnology Corporation (www.generex.com) (OTCQB:GNBT) (http://www.otcmarkets.com/stock/GNBT/quote) today announced that the legal and regulatory process to retire the 20,375,900 “Pool” shares is complete. Joe Moscato, Generex President & Chief Executive Officer, who controls the Pool to the benefit of Generex, has assigned the shares to the corporate treasury. In the coming days, the market will reflect the Pool retirement with a reduction in our outstanding share count by over 20 million shares.
The last statement says the market will reflect the retirement in the next few days. That is the issue. We are still waiting for this part to happen.
The last statement says the market will reflect the retirement in the next few days. That is the issue. We are still waiting for this part to happen.
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