This is all putting the preferreds, both GNBT and
Post# of 36537
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Posted On: 09/18/2020 3:41:52 PM
This is all putting the preferreds, both GNBT and NGIO, in jeopardy. Who would buy they at inflated prices not knowing if the mother company is going out of business? I think NGIO will need to be listed and trading before the NGIOP will be able to be sold. GNBT will need to have a bounce in price from the NGIO listing to be able to sell the GNBTP.
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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.
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