This will be my last response today, since the goo
Post# of 36564
(Total Views: 373)
Posted On: 09/30/2019 3:25:59 PM
This will be my last response today, since the good folks at Investors Hangout have yet to respond to my repeated request on converting from basic to premium account. 
But anyway, I know we need to look at the future of this company, but what is happening right now is important to the future of this company. Market Cap is right now around 99 Million. That's down 65 Million roughly in a week because of OTC not handling the retirement right and price drop in share. Price drop in share could have been different if retirement of shares was handled correctly by OTC and share price was set correctly around 3.71. We might not see a price drop or very little, who knows?
Perception goes a long way in the stock market. How a company is doing, shares being sold, price of shares going down, news being delivered and so forth.
NASDAQ news should be coming out I hope soon. An update on the Dividend and how that will be handled would be nice as well, just to alleviate any concerns since what happened with the retirement of shares bombed bad. GNBT needs to put out some information to the shareholders that will give them a good feeling.
But anyway, I know we need to look at the future of this company, but what is happening right now is important to the future of this company. Market Cap is right now around 99 Million. That's down 65 Million roughly in a week because of OTC not handling the retirement right and price drop in share. Price drop in share could have been different if retirement of shares was handled correctly by OTC and share price was set correctly around 3.71. We might not see a price drop or very little, who knows?
Perception goes a long way in the stock market. How a company is doing, shares being sold, price of shares going down, news being delivered and so forth.
NASDAQ news should be coming out I hope soon. An update on the Dividend and how that will be handled would be nice as well, just to alleviate any concerns since what happened with the retirement of shares bombed bad. GNBT needs to put out some information to the shareholders that will give them a good feeling.
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