Very interesting read. Why can’t GNBT do anythin

Very interesting read. Why can’t GNBT do anything right. So Three Brothers gets an agreement with GNBT that they have 60 days exclusive on bringing them money from 2/8/17-4/9/17. That agreement gives them 7% of any money they get for GNBT due to them bringing in money on 2/8/17. Also they would have get warrants exercisable at $2.5/share. So what does GNBT do...they bring in $3M of funding not using Three Brothers in March 2017, so within the 60 days. So Three Brothers is owed $210K plus warrants. So GNBT has to pay $210K, plus interest on it at 9%/year from 3/2017, put attorney cost and fees of about $107K, plus arbitrator fees of $3500. Luckily for them, the warrants are denied because the arbitrator neglected to put a value to those warrants on 9/24/2018. Had they done that, Three Brothers would have gotten about 80K warrants at 2.50. And if they had exercised them for $2.50, even though the stock was at $2 on 9/24/18, they would have gotten the 20:1 dividend or more than 1.7M shares.

Just do the right thing. You know you had an agreement and went and got money during their 60 day window. Wait until 4/9/2017 to get the money. Why is everything a battle with them?

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.