There was one line in that CMF release that this a
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Posted On: 01/20/2020 9:46:48 AM
There was one line in that CMF release that this all hinges around in my opinion:
"Mr. Moscato provided final authorization instructions to Broadridge Financial Solutions, Generex’s transfer agent, to remove the restrictive legend from these shares."
So either Joe did or did not authorize this transaction - if he did, we're probably out of luck. If he didn't, and CMF forged this authorization, I'd think somebody is going to jail. And if Broadridge did not check with GNBT re: the authorization, then they are culpable as well.
Joe has stated he never authorized the removal of the restricted legend. If he can show that the letter CMF used over his name is false, then CMF is done. All the rest is pure window dressing.
"Mr. Moscato provided final authorization instructions to Broadridge Financial Solutions, Generex’s transfer agent, to remove the restrictive legend from these shares."
So either Joe did or did not authorize this transaction - if he did, we're probably out of luck. If he didn't, and CMF forged this authorization, I'd think somebody is going to jail. And if Broadridge did not check with GNBT re: the authorization, then they are culpable as well.
Joe has stated he never authorized the removal of the restricted legend. If he can show that the letter CMF used over his name is false, then CMF is done. All the rest is pure window dressing.
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