Just thinking about the spin and effect on gnbt shares
Just thinking about the spin and effect on gnbt shares here. Do people realize that spinning NGIO removed significant value from GNBT shares. Think about this let’s say GNBT was valued at 2 a share before the spin. It was probably less because there was a lot of “us” buying to keep the positive at 2 hoping for the up list but let’s call it $2.
NGIO has all the potential right now. GNBT has a bunch of acquisitions that appear to all be operating at a loss. GNBT has not closed on ALTuCELL. The NGIO shares are only a valuable asset for GNBT if they are listed and holding 70% of the shares would certainly benefit GNBT but you cannot just add the NGIO share price to GNBT. They will only own 70% and GNBT will continue to operate at a loss unless/until the buildout of the AZ project is complete AND successful or GNBT closes on and ALTuCELL announces a trial or AE37 enters phase 3. Excellagen will not be able to do it alone and Pantheon and Regentes, well, I don’t know what they are doing.
NGIO listing or a Covid vac are the only things that will move this pps and keep it up. Anything else will not hold. /my opinion
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