Looks like one dividend to GNBT shareholder on GNB
Post# of 36537
(Total Views: 238)
Posted On: 11/15/2019 11:57:28 AM
Looks like one dividend to GNBT shareholder on GNBT. It was supposed to be paid on 10/29. Looks like he is clarifying that it is paid now, but it still goes out on 11/29.
Then there is another dividend to GNBT shareholders for NGIO that is new on that company. But we just don't know the ratio.
He wrote about the 1:1 dividend
He wrote about the spinout of NGIO
He wrote about the new proposed dividend to Generex shareholders of the new NGIO company.
That is how I took it.
Joseph Moscato, Generex President & Chief Executive Officer stated: “I look forward to this conference call and invite all of our valuable shareholders to attend.” This call will cover the newly paid 1:1 dividend, our new spin out to the public of NuGenerex Immuno-oncology and the new proposed dividend to Generex shareholders of this company and the closing of the Altucell acquisition closing, as well as other corporate initiatives that are ongoing such as our Nasdaq listing which is still in process.
Then there is another dividend to GNBT shareholders for NGIO that is new on that company. But we just don't know the ratio.
He wrote about the 1:1 dividend
He wrote about the spinout of NGIO
He wrote about the new proposed dividend to Generex shareholders of the new NGIO company.
That is how I took it.
Joseph Moscato, Generex President & Chief Executive Officer stated: “I look forward to this conference call and invite all of our valuable shareholders to attend.” This call will cover the newly paid 1:1 dividend, our new spin out to the public of NuGenerex Immuno-oncology and the new proposed dividend to Generex shareholders of this company and the closing of the Altucell acquisition closing, as well as other corporate initiatives that are ongoing such as our Nasdaq listing which is still in process.
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