Because like Zolis said, they knew they were investing. So what do you do? Hmm, hey buddy, I'm going to buy a substantial piece of GNBT. You have shares right? Good. Start selling all your shares. Drive the price down for me. I'll get my shares much cheaper and replace yours. Meanwhile, I'm going to get these great warrants too. I'll give some to you. Of course, we won't tell anyone. I'll just exercise the warrants, maybe for no money 'cashless' and transfer some of the shares to you when we are done. Hey, maybe the stock will actually come up with a product and make money and we'll both be very happy. Thanks buddy, I owe you one!
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Generex Biotechnology Corp. (GNBTQ) Stock Research Links
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.