If I read the NGIO S-1 correctly I see NGIO IPO: 1,700,000 @ $4.00/share https://www.sec.gov/Archives/edgar/data/18045...forms1.htm
If correct, I see the possible future.
NGIO on Nasdaq (IPO)
Minimum float dilution: 35,996,849 to 37,696,849
Minimum share price fluctuation
GNBT value increase: $1,456,012,604 (NGIO shares)
True share price value: $18.21/share (NGIO share value divided by GNBT outstanding shares)
408,751 shorts (as of 8/31) getting wedgies
GNBT short term/short sighted penny stock “investors” banging their heads
We longs are like kids waiting a long time on July 4th for the fireworks to start.
”To lose patience is to lose the battle.” – Mahatma Gandhi