Albert, Thank you for assuming that was the FDA bo
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Posted On: 07/27/2020 12:29:09 PM
Albert, Thank you for assuming that was the FDA boilerplate. Maybe GNBT did somehow know that the FDA was only doing written responses. Maybe they contact the FDA and were told to submit in writing and that they would only respond in writing. I guess we all have "assumptions".
As far bashing the management team, I have been an investor for 15 years. I feel I was wronged. I have been on the end of a Joe tirade way too many times. Maybe you would have a different view then. We have been given excuse after excuse. 3 1/2 years ago, Joe took over and was doing great things. It all fell apart with Veneto since the due diligence was not completed correctly. Now we own more than a half dozen companies that produce no revenues. I'm not sure if you see that, but the last 2 quarters have essentially had no revenues. Why is that? Yes, covid hit, however some of the companies should be producing even during covid. Podiatrists are essential and have been open. Hema Diag was bought that has rapid test kits. Did all other illnesses disappear with covid? Did Malaria disappear? I am questioning our management which is what this message board is for.
As far bashing the management team, I have been an investor for 15 years. I feel I was wronged. I have been on the end of a Joe tirade way too many times. Maybe you would have a different view then. We have been given excuse after excuse. 3 1/2 years ago, Joe took over and was doing great things. It all fell apart with Veneto since the due diligence was not completed correctly. Now we own more than a half dozen companies that produce no revenues. I'm not sure if you see that, but the last 2 quarters have essentially had no revenues. Why is that? Yes, covid hit, however some of the companies should be producing even during covid. Podiatrists are essential and have been open. Hema Diag was bought that has rapid test kits. Did all other illnesses disappear with covid? Did Malaria disappear? I am questioning our management which is what this message board is for.
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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.