Theoretically we will lose out on the add'l shares of NGIO and it's increase. However the shares of NGIO that GNBT owns should raise the value of those new GNBT shares from the dividend. But that is not the point. Joe is wrong here. I need to find his lawyer's email address since he said "If something was misled no one has alerted me or our attornies of it". Isn't that what some of us here have been doing with Joe, making him aware of it? Maybe we need to make his attorney aware of it? If they are not aware of it WHY WOULD THEY NEED TO PUT OUT A PR THIS MORNING AT 8AM to CLARIFY?
This is all the playbook of our President Trump which is why I hate him so much. I know Joe loves him and I don't let that get between us, but he is taking this to the next level.
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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.