There are a couple of potential ways to get money.
Post# of 36568
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Posted On: 07/26/2020 9:27:33 PM
There are a couple of potential ways to get money.
1. NGIO is 400M shares. Friends of GNBT holds 4% so about 16M shares. Since Joe already has Oasis on the line for $50M funding once listed, and the pricing funding is $6 and $7 to determine the money Joe can put to them at a time. Then why can’t Joe offer oasis 4M shares now at $2, so $8M. It should be attractive to Oasis since it is expected the shares still list at $4+, so immediately a double for them. That would bring in $8M to work on the peptide samples.
2. GNBT will own 70% of the 400M shares when listed, so 280M shares. Again offer Oasis 4M shares at $2 to get $8M to develop a diag kit? Yes we give up a little, but for the long run that is nothing.
This could bring in $8M for each company to push initiatives.
1. NGIO is 400M shares. Friends of GNBT holds 4% so about 16M shares. Since Joe already has Oasis on the line for $50M funding once listed, and the pricing funding is $6 and $7 to determine the money Joe can put to them at a time. Then why can’t Joe offer oasis 4M shares now at $2, so $8M. It should be attractive to Oasis since it is expected the shares still list at $4+, so immediately a double for them. That would bring in $8M to work on the peptide samples.
2. GNBT will own 70% of the 400M shares when listed, so 280M shares. Again offer Oasis 4M shares at $2 to get $8M to develop a diag kit? Yes we give up a little, but for the long run that is nothing.
This could bring in $8M for each company to push initiatives.
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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.