What I saw with that company, they don’t talk ab
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Posted On: 08/15/2020 12:14:26 PM
What I saw with that company, they don’t talk about 176M shares in the IPO paperwork. They only talk about the shares they were selling at $16/share. I think they were raising about $200M, so that was like 12-13M shares. However now that the 12-13M shares are listed, all their shares went up to that price. So now they have a market cap of $9.86B with no revenue! Our “world class management team no one ever heard of” is absolutely dropping the ball and is lost.
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(0)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.
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