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  4. Generex Biotechnology Corp. (GNBTQ) Message Board

So, this just adds on to the how much underwater i

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Post# of 36566
(Total Views: 373)
Posted On: 06/23/2020 2:13:26 PM
Posted By: hylander
Re: Retirement2 #17441
So, this just adds on to the how much underwater is Generex really? And I'm wondering how positive are they on getting funding?

The only saving grace right now is to get NGIO on NASDAQ and Joe is holding that up by not putting in the S1 to get that approved. If he is waiting on funding before he does that and funding does not happen, he wasted months. If he gets funding, great. But, is it worth it, is the question at this juncture?

NGIO has been pushed off since last December. We are going into July now. Joe has bashed the previous CEO up and down on her mistakes over and over. Fine, she screwed up royally. But looking at this 10Q, I see lawsuits, debts, injunctions against Generex and they are all on Joe's watch. He owns these and he needs to get Generex out from under every single one of these. The only way he can is to get NGIO listed and to make Generex a viable company. He can't do it by doing what he is doing right now.

The PPS is going down, he is putting out 2 month old 8-Ks and NGIO is still on the shelf. He needs to make this all right for everyone.


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