I believe that Joe can execute his plan. I'll say
Post# of 36566
(Total Views: 354)
Posted On: 02/14/2020 6:15:40 PM
I believe that Joe can execute his plan. I'll say that right up front, then I'll ask this question...am I crazy or just plain stupid? Here's why I ask.
I buy 10,000 GNBT today for $6500.
In 10 days, I'll have 14,000 GNBT at $.39 (worth $6,500) and 4,000 NGIO with no assigned worth.
In 30 days (or so), NGIO will be listed to the NAS. I'm estimating that there will be 100 million shares, priced at $4/share to insure NAS listing. So when that happens, the 4,000 NGIO shares become worth $16,000, and GNBT pps will be $.39 with a $300,000,000 asset on the books. That asset is calculated at $4 x 100,000,000 NGIO shares x 75% ownership by GNBT. Joe seems to think a $400 million market cap for NGIO is low, so this is a conservative estimate.
Over the next 30 days, the market will have to recognize that GNBT has an asset of $300 million on the books - maybe when the $40 million S1 financing is approved, maybe when they announce a vaccine development agreement in China, maybe when GNBT climbs above $2 for 5 days and the uplist to NASDAQ is approved. Assuming 90 million outstanding shares post dividend and S1 financing, that raises the pps to $3.33 + $.39 current value = $3.72 per share. So my 14,000 GNBT shares are now worth $52,000.
So for my $6,500 investment today, I might conservatively have $68,000 in two to three months.
This is a conservative estimate, and it creates a 10 bagger in the next 2 - 3 months. What am I missing, other than it all depends on Joe executing his plan?
I've tried to think around corners where this all falls apart - and my only conclusion is it falls apart if it is a scam. But the people on NGIO's board, the presidents of the various subsidiaries and health network, the number of conference calls letting people ask questions until they're blue in the face...if it is a scam, it is the most elaborate since the The Sting. And I don't see Joe taking any money away from this if it all is smoke and mirrors.
So, am I crazy or just plain stupid?
I buy 10,000 GNBT today for $6500.
In 10 days, I'll have 14,000 GNBT at $.39 (worth $6,500) and 4,000 NGIO with no assigned worth.
In 30 days (or so), NGIO will be listed to the NAS. I'm estimating that there will be 100 million shares, priced at $4/share to insure NAS listing. So when that happens, the 4,000 NGIO shares become worth $16,000, and GNBT pps will be $.39 with a $300,000,000 asset on the books. That asset is calculated at $4 x 100,000,000 NGIO shares x 75% ownership by GNBT. Joe seems to think a $400 million market cap for NGIO is low, so this is a conservative estimate.
Over the next 30 days, the market will have to recognize that GNBT has an asset of $300 million on the books - maybe when the $40 million S1 financing is approved, maybe when they announce a vaccine development agreement in China, maybe when GNBT climbs above $2 for 5 days and the uplist to NASDAQ is approved. Assuming 90 million outstanding shares post dividend and S1 financing, that raises the pps to $3.33 + $.39 current value = $3.72 per share. So my 14,000 GNBT shares are now worth $52,000.
So for my $6,500 investment today, I might conservatively have $68,000 in two to three months.
This is a conservative estimate, and it creates a 10 bagger in the next 2 - 3 months. What am I missing, other than it all depends on Joe executing his plan?
I've tried to think around corners where this all falls apart - and my only conclusion is it falls apart if it is a scam. But the people on NGIO's board, the presidents of the various subsidiaries and health network, the number of conference calls letting people ask questions until they're blue in the face...if it is a scam, it is the most elaborate since the The Sting. And I don't see Joe taking any money away from this if it all is smoke and mirrors.
So, am I crazy or just plain stupid?
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