Maybe I'm wearing rose colored glasses today, but
Post# of 36566
(Total Views: 212)
Posted On: 12/10/2019 9:57:49 AM
Maybe I'm wearing rose colored glasses today, but by committing to a NGIO dividend on Jan 3, it would "seem" that Joe has faith that NGIO will be listed by then. I'm not sure how this will happen since as the PR says, they still have to submit the S1 registration of the NGIO shares (and get comments back from the SEC), so that appears to be aggressive for timing. Probably I'm wrong guessing that NGIO might be listed by Jan 3.
I also wonder if the change in proportion of the GNBT shares reflects having to give the restricted shareholders the dividend, based on the CMF breach. I know Joe wants to keep the outstanding shares of GNBT down, so maybe this is his way of conceding shares to the restricted folks and limiting available supply. Just supposition - absolutely no knowledge if true.
I'm sure some here are disappointed by this latest change, but I hope they stick around to see how it all comes out. It appears to me that Joe feels NGIO will have the greatest short term value, and is trying to share that with shareholders now, while GNBT has exceptional long term value, but we'll have to hold and wait to benefit from that.
I also wonder if the change in proportion of the GNBT shares reflects having to give the restricted shareholders the dividend, based on the CMF breach. I know Joe wants to keep the outstanding shares of GNBT down, so maybe this is his way of conceding shares to the restricted folks and limiting available supply. Just supposition - absolutely no knowledge if true.
I'm sure some here are disappointed by this latest change, but I hope they stick around to see how it all comes out. It appears to me that Joe feels NGIO will have the greatest short term value, and is trying to share that with shareholders now, while GNBT has exceptional long term value, but we'll have to hold and wait to benefit from that.
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