I know someone mentioned to stop coming up with ideas to solve the PPS issue because we don’t have all the information...that person is totally right that we don’t have all the information and like I said before, I think joe is a genius, I am sure he will come up with something if he has not already. For someone who brought up a company from ashes in less than 3 years and the PPS went up 2000% under his reign, I am sure he will figure out a way to get gnbt uplisted soon!
But a thought just popped into my head...just for fun I thought I’d share it and see if it makes any remote sense to people who are interested in participating in this brain storming fun session and please ignore me if you are not interested in participating...
This is the thought...not sure how well it would work and whether it is possible legally...but here it is...gnbt is planning on doing rights offering of ngio shares...would it be possible to tie the numbers of ngio shares a Gnbt shareholder can buy at dirt cheap price to the number of gnbt shares the person owns. For example, for each 1000 gnbt shares you own, you can buy 200 shares of ngio share at a penny. And if the person who owns 1000 gnbt shares wants to buy more than 200 ngio shares, any ngio shares over 200 would cost $1 each let’s say (still at a discount but not even close to the penny deal)..that should cause people to want to buy more gnbt shares.
So, let’s say I have 1200 gnbt shares, I would probably buy at least 800 more gnbt shares, so I can buy 400 ngio shares at a penny...Gnbt shareholders rounding up their share counts to the nearest thousand may help drive up the PPS. Also there may be people who may want to buy gnbt shares in one thousand increments so they can take advantage of the penny deal.
Gnbt will probably have around 70 million outstanding gnbt shares after the 1:1 dividend, so the most number of ngio shares that will be sold at a penny would be 14 million (not everyone will take advantage since there are lots of dormant investors) , which is less than the 15 million shares that was given out because of the 1:4 dividend.
Also noticing all the current gnbt shareholders of the ngio penny opportunity may wake up some dormant gnbt shareholders and they may decide to do some research and figure out that joe is doing a phenomenal job and see the incredible upside potential and start buying gnbt shares and take advantage of ngio shares penny deal.
And to avoid people selling gnbt shares right after getting the penny deal..maybe add some kind of condition...e.g. the number of gnbt shares used to take advantage of the penny deal become restricted...can’t sell those until 30 days after gnbt is uplisted...haha...
But a thought just popped into my head...just for fun I thought I’d share it and see if it makes any remote sense to people who are interested in participating in this brain storming fun session and please ignore me if you are not interested in participating...
This is the thought...not sure how well it would work and whether it is possible legally...but here it is...gnbt is planning on doing rights offering of ngio shares...would it be possible to tie the numbers of ngio shares a Gnbt shareholder can buy at dirt cheap price to the number of gnbt shares the person owns. For example, for each 1000 gnbt shares you own, you can buy 200 shares of ngio share at a penny. And if the person who owns 1000 gnbt shares wants to buy more than 200 ngio shares, any ngio shares over 200 would cost $1 each let’s say (still at a discount but not even close to the penny deal)..that should cause people to want to buy more gnbt shares.
So, let’s say I have 1200 gnbt shares, I would probably buy at least 800 more gnbt shares, so I can buy 400 ngio shares at a penny...Gnbt shareholders rounding up their share counts to the nearest thousand may help drive up the PPS. Also there may be people who may want to buy gnbt shares in one thousand increments so they can take advantage of the penny deal.
Gnbt will probably have around 70 million outstanding gnbt shares after the 1:1 dividend, so the most number of ngio shares that will be sold at a penny would be 14 million (not everyone will take advantage since there are lots of dormant investors) , which is less than the 15 million shares that was given out because of the 1:4 dividend.
Also noticing all the current gnbt shareholders of the ngio penny opportunity may wake up some dormant gnbt shareholders and they may decide to do some research and figure out that joe is doing a phenomenal job and see the incredible upside potential and start buying gnbt shares and take advantage of ngio shares penny deal.
And to avoid people selling gnbt shares right after getting the penny deal..maybe add some kind of condition...e.g. the number of gnbt shares used to take advantage of the penny deal become restricted...can’t sell those until 30 days after gnbt is uplisted...haha...
