Actually, it should wipe away $6,372,656 (the number from 10/31/19 10Q)....this is higher than the amount I posted earlier of $3,338,836 (the number from 7/31/19 10K)...this is because PPS dropped from 7/31/19...10/31/19 PPS was lower than the PPS from 7/31/19....so, the downside protection liability increased in the 10/31/19 10Q...
Whoo whoo!
From my 10187 post
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With the Veneto violation, it should wipe out $3,338,836 from GNBT's Liabilities...which is great for GNBT....helps with net intangible asset requirement for NASDAQ uplist.
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https://investorshangout.com/post/newpost/622...z68WJERJxC