bwolf, Exactly. Yes anyone selling before 2/25 would lose their GNBT dividend, but they could not lose the NGIO shares since it was after the record date, according to the PR today. Bottom line, GNBT did not know this or was laxed "again" and did not clarify.
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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.