Homer, I think you are correct. I was trying to pull the NGIO value out of Joe. I think they need the $4 share price since they don’t have revenues for NGIO for 3 years etc. Sonthe NGIO portion of 4000 shares at $4 turns your $6500 investment into $16K and then the 14K shares of GNBT are free.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.