Sam, Am I selling my shares now? At the low of
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Posted On: 08/08/2020 3:55:44 AM
Sam, Am I selling my shares now?
At the low of the year? Of course not!
I did receive an email response from Todd today, as well, and still sounded sort of upbeat and optimistic (of course, it is his job to be optimistic) and I will surely wait and see what the remainder of the months of August will bring for us, and whether there will really be positive things happening prior to those CCs.
I also still see a chance that positive results of the lab tests and the approval from the FDA of the pre-IND application might finally trigger BARDA to grant some funding.
In addition, I stated several times before that - in my view - all that is really missing for gnbt is funding to get a first ball rolling, BARDA and a CV vaccine would still be the best option, and this toxic financing be the worst, but then GNBT can tap into a lot of potential and make a lot of good things happen.
So let's see if Joe and his team are at leat able to make best use of the $2m of capital nor available to them and at least get some bells rolling.
I do agree with previous posters though, that I would also rather like to see some of the existing subs to be jump started and help make significant revenues than seeing additional acquisitions being made (other than AltuCell, which has been discussed for such a long time that I would not consider it a "new" acquisition anymore) or new lines of business to be opened
I will give Joe at least till the end of August to create some positive news, and then I will decide what to do with my shares.
At the low of the year? Of course not!
I did receive an email response from Todd today, as well, and still sounded sort of upbeat and optimistic (of course, it is his job to be optimistic) and I will surely wait and see what the remainder of the months of August will bring for us, and whether there will really be positive things happening prior to those CCs.
I also still see a chance that positive results of the lab tests and the approval from the FDA of the pre-IND application might finally trigger BARDA to grant some funding.
In addition, I stated several times before that - in my view - all that is really missing for gnbt is funding to get a first ball rolling, BARDA and a CV vaccine would still be the best option, and this toxic financing be the worst, but then GNBT can tap into a lot of potential and make a lot of good things happen.
So let's see if Joe and his team are at leat able to make best use of the $2m of capital nor available to them and at least get some bells rolling.
I do agree with previous posters though, that I would also rather like to see some of the existing subs to be jump started and help make significant revenues than seeing additional acquisitions being made (other than AltuCell, which has been discussed for such a long time that I would not consider it a "new" acquisition anymore) or new lines of business to be opened
I will give Joe at least till the end of August to create some positive news, and then I will decide what to do with my shares.
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