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  4. Generex Biotechnology Corp. (GNBTQ) Message Board

Retirement is easy - they already reduced the outs

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Post# of 36568
(Total Views: 276)
Posted On: 10/01/2019 10:53:25 AM
Posted By: homerbedloe
Re: Creekrat #6687
Retirement is easy - they already reduced the outstanding shares from 63 million to 44 million.

Uplist has been publicly announced. I would think Nasdaq would also contact OTC to make sure all is kosher with transfer agents, regulatory issues, etc. So it is pretty safe to assume OTC is aware they may potentially be losing a client, and they are not interested in facilitating that event.

I actually said that OTC may not be all that eager to help a couple of weeks ago, mostly as speculation prior to the retirement. I would hope they have better ethics than that, but then again, it is a financial business which is all about making money anyway they can.

Next speculation - could OTC be in cahoots with Market Makers to try to tank the pps so GNBT doesn't meet Nasdaq requirements? OK, I'll go take off my tinfoil hat now and quit looking out the window for the black helicopters.


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