Joe - if you are reading the board now...here is m
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Posted On: 11/30/2019 11:46:15 AM
Re: Paul Jackson #9217
Joe - if you are reading the board now...here is my idea...not sure if that’s something doable...thank you！
Please take care and hope you will be 100% in no time! Thanks for securing the $40 million funding! That’s huge! You da man!
—-
Hi All,
This is an idea that I came up with regarding the dividend...please let me know you thoughts -
Have Creek transfer the remaining 2 million shares to GNBT since during the conference call, Joe said Creek was planning on paying the dividend...so, they should be willing to give up the remaining 2 million shares. The reasons for this:
1. Take away shares from Creek to prevent them from selling anymore and messing things up
2. GNBT then will have the extra 2 million shares in their hands to issue dividends to all the shares (except insiders/note holders). This will keep the promise to retail investors in terms of not diluting (NO NEED TO ISSUE DIVIDEND TO ALL NOTE HOLDERS AND INSIDERS)
3. Issue dividend as soon as GNBT receives shares from Creek (I honestly don't think issuing 1:1 will cause the PPS to cut in half...maybe initially, but as soon as it starts to trade, I think the PPS will shoot up because shorts have to cover and investors will regain confidence in GNBT that they follow through with their plans).
4.If GNBT really feels uneasy about issuing 1:1 GNBT dividend before uplisting, just hold the 2 million shares received from Creek for now and issue the 1:1 dividend after GNBT's NASDAQ uplisting.
5. After receiving the 2 million shares from Creek, follow through with the NEW NGIO dividend like what was announced in the 11/13 PR. GNBT can issue NEW NGIO dividend to all outstanding GNBT shares at that time, including remaining noteholders and insiders...which should propel PPS and make up for the loss that Creek caused to all shareholders.
Please let me know your thoughts.
Read More: https://investorshangout.com/post/newpost/622...z66mQPYQPB
Please take care and hope you will be 100% in no time! Thanks for securing the $40 million funding! That’s huge! You da man!
—-
Hi All,
This is an idea that I came up with regarding the dividend...please let me know you thoughts -
Have Creek transfer the remaining 2 million shares to GNBT since during the conference call, Joe said Creek was planning on paying the dividend...so, they should be willing to give up the remaining 2 million shares. The reasons for this:
1. Take away shares from Creek to prevent them from selling anymore and messing things up
2. GNBT then will have the extra 2 million shares in their hands to issue dividends to all the shares (except insiders/note holders). This will keep the promise to retail investors in terms of not diluting (NO NEED TO ISSUE DIVIDEND TO ALL NOTE HOLDERS AND INSIDERS)
3. Issue dividend as soon as GNBT receives shares from Creek (I honestly don't think issuing 1:1 will cause the PPS to cut in half...maybe initially, but as soon as it starts to trade, I think the PPS will shoot up because shorts have to cover and investors will regain confidence in GNBT that they follow through with their plans).
4.If GNBT really feels uneasy about issuing 1:1 GNBT dividend before uplisting, just hold the 2 million shares received from Creek for now and issue the 1:1 dividend after GNBT's NASDAQ uplisting.
5. After receiving the 2 million shares from Creek, follow through with the NEW NGIO dividend like what was announced in the 11/13 PR. GNBT can issue NEW NGIO dividend to all outstanding GNBT shares at that time, including remaining noteholders and insiders...which should propel PPS and make up for the loss that Creek caused to all shareholders.
Please let me know your thoughts.
Read More: https://investorshangout.com/post/newpost/622...z66mQPYQPB
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