Hi Zolis, Did not realize you are a long term holder, like myself. I did the same as you - when the 20:1 dividend was announced bought more.
Joe cannot be held at fault for what CMF did, and this has unleashed a flood of uncertainty and compensatory actions that some do not like. I believe he is working behind the scenes to try to make it as right as he can. We do not know whether or not the other partners will get these dividends. We are just assuming. I do not think he is hiding anything - I think he is trying to work it all out.
I am very happy about getting the extra "free" NGIO dividends. When this happens, I will own a ton of NGIO shares, all for "free", and I believe that NGIO will be acquired one of these days for over 1 billion. So I'm happy to wait it out.
I also realize that if CMF had not sold and driven the pps down, the 1:1 dividend would not have been cancelled, and we would not have ended up with the 2:5 NGIO dividend. So, looking on the bright side, this may all end up being for the better. Don't want to sound Pollyanish, but this has potential.
Read More: https://investorshangout.com/post/view?id=561...z67zcgk4a0
Joe cannot be held at fault for what CMF did, and this has unleashed a flood of uncertainty and compensatory actions that some do not like. I believe he is working behind the scenes to try to make it as right as he can. We do not know whether or not the other partners will get these dividends. We are just assuming. I do not think he is hiding anything - I think he is trying to work it all out.
I am very happy about getting the extra "free" NGIO dividends. When this happens, I will own a ton of NGIO shares, all for "free", and I believe that NGIO will be acquired one of these days for over 1 billion. So I'm happy to wait it out.
I also realize that if CMF had not sold and driven the pps down, the 1:1 dividend would not have been cancelled, and we would not have ended up with the 2:5 NGIO dividend. So, looking on the bright side, this may all end up being for the better. Don't want to sound Pollyanish, but this has potential.
Quote:Hi Creekrat,
Thank you for reply and open words.
No1, I actually would even be able to sell with a tiny profit, as I am a GNBT shareholder for more than a decade and due the fact that I kept buying shares even in the time immediately after the 1000:1 RS and thanks to the 20:1 dividend, I hold a lot of shares right now with a very acceptable average purchase price.
No2. I am far from selling, especially not before I will have received the dividend that I have been waiting for for such a long time.
No3. I have been closely following the company, the PRs and CCs etc. for a long time and have so far been very optimistic and openly expressed it as well, especially on the YMB, but when I now look at what was said and promised and now compare this to what is publicly announced as facts, it appears to be not really the same anymore. If things take longer than initially thought, fine, I can live with that, but promising one thing, then delivering something less else and additionally announcing it as an extra benefit to shareholders etc. is something that I cannot accept and makes me wonder. So my no matter what 100% trust in Joe's leadership that I have had is surely not 100% anymore. If you know what I mean!?
Read More: https://investorshangout.com/post/view?id=561...z67zcgk4a0
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