Hy, have we all forgotten that Joe donated back 20
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Posted On: 05/06/2020 5:09:31 PM
Hy, have we all forgotten that Joe donated back 20 million shares that he controlled to the treasury? That's a pretty big (20%+) chunk of the potential float (78 today + Joe's 20). I think he did that believing that that would have a bigger impact on pps than being able to claim insider holdings, and he gave up the potential dividend he would have received after the Veneto/CMF hi-jinks. Not his fault OTC screwed up what should have been a huge pps increase by ignoring that action.
As to the other executives of the subsidiaries, most took stock at $2.50/share in lieu of cash for GNBT's control of their companies. That is a pretty big ownership commitment as well in my book.
Get this thing rocking an' rolling and I'm pretty sure we see future insider buys.
As to the other executives of the subsidiaries, most took stock at $2.50/share in lieu of cash for GNBT's control of their companies. That is a pretty big ownership commitment as well in my book.
Get this thing rocking an' rolling and I'm pretty sure we see future insider buys.
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