So Joe responded to me via email... "You are wron
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Posted On: 02/26/2020 12:06:49 PM
So Joe responded to me via email...
"You are wrong what pertains to the public shares it’s there as it pertains to private shares it’s pretty obvious the public format would not be applicable, you got the last ngio dividend there was no ex date or do u think there was? please tell me you really are not knowledgeable about a business you are in, don’t know what to tell you, this is what happens when people buy and sell and buy and sell. "
My response back...
"Sorry Joe, but no. The last NGIO dividend was by itself and never connected to an add’l dividend that had record/pay/ex dates. All your communications connected the 2 dividends to record/pay/ex dates and due bill comments.
Also, I reminded you Friday night 2/21/2020 that FINRA did not even have the dividends posted to be paid on Monday 2/24/2020. You were ticked at them and got them to update their site Monday morning 2/24/2020. So how can you assume we should have known these 2 dividends were separate when FINRA had not posted the particulars until AFTER the fact. Your SEC lawyer is doing a fabulous job of keeping FINRA on their toes obviously. Don’t turn around an say this is my issue and I should have known. You, GNBT, should have clarified this is all your PRs and conf calls. Instead you lumped them all together.
You constantly say this is all for the long time shareholders. Well there are not many shareholders that are longer term than me. I was in GNBT even before you got involved with GNBT all those years ago. Yes, I know you are not responsible for the things Anna and Rose did, however you always say you want to make long time shareholders whole and that is thru these dividends. Well if it had been clear that I would have had to purchase before 2/17 to get NGIO, I might have done that. But if I had known, and it had been posted on FINRA’s site to be able to review, that I would not have purchased shares last week.
This is a very sad moment right now Joe. I am not happy and disagree with you."
"You are wrong what pertains to the public shares it’s there as it pertains to private shares it’s pretty obvious the public format would not be applicable, you got the last ngio dividend there was no ex date or do u think there was? please tell me you really are not knowledgeable about a business you are in, don’t know what to tell you, this is what happens when people buy and sell and buy and sell. "
My response back...
"Sorry Joe, but no. The last NGIO dividend was by itself and never connected to an add’l dividend that had record/pay/ex dates. All your communications connected the 2 dividends to record/pay/ex dates and due bill comments.
Also, I reminded you Friday night 2/21/2020 that FINRA did not even have the dividends posted to be paid on Monday 2/24/2020. You were ticked at them and got them to update their site Monday morning 2/24/2020. So how can you assume we should have known these 2 dividends were separate when FINRA had not posted the particulars until AFTER the fact. Your SEC lawyer is doing a fabulous job of keeping FINRA on their toes obviously. Don’t turn around an say this is my issue and I should have known. You, GNBT, should have clarified this is all your PRs and conf calls. Instead you lumped them all together.
You constantly say this is all for the long time shareholders. Well there are not many shareholders that are longer term than me. I was in GNBT even before you got involved with GNBT all those years ago. Yes, I know you are not responsible for the things Anna and Rose did, however you always say you want to make long time shareholders whole and that is thru these dividends. Well if it had been clear that I would have had to purchase before 2/17 to get NGIO, I might have done that. But if I had known, and it had been posted on FINRA’s site to be able to review, that I would not have purchased shares last week.
This is a very sad moment right now Joe. I am not happy and disagree with you."
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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.
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