Doc, Not sure why, but this post caused a flashba
Post# of 36568
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Posted On: 10/09/2020 3:56:32 PM
Doc,
Not sure why, but this post caused a flashback to when I worked at a Fortune 500 corporation that was manipulated by a corporate raider, He acquired over 10% of the company and then forced the Board to vote on splitting the company. With his supporters, the vote passed and the company became two, causing employee layoffs and massive restructuring. In the many, many years that have passed, the company, now two, has yet (if ever) recovered their corporate strength that it had when it was one. Side note, the corporate raider died less than two years later, after getting his corporate split profits, from cancer (Karma?). Anyway, the point is, have there been enough shares sold recently that someone not contractually limited to under 5-10% stock holdings could be accumulating enough shares to force the GNBT/NGIO board to do something detrimental? Like selling out for a grossly undervaluation? It seems like something nefarious is going on. As for the possible egregious motives, they may have ominous future implications. Please, someone just confirm that I am being paranoid.
PS. Glad to see you sending Joe https://www.thebasilelawfirm.com/post/sec-fin...bt-lenders. But can anything be done if my above paranoia has validation?
Not sure why, but this post caused a flashback to when I worked at a Fortune 500 corporation that was manipulated by a corporate raider, He acquired over 10% of the company and then forced the Board to vote on splitting the company. With his supporters, the vote passed and the company became two, causing employee layoffs and massive restructuring. In the many, many years that have passed, the company, now two, has yet (if ever) recovered their corporate strength that it had when it was one. Side note, the corporate raider died less than two years later, after getting his corporate split profits, from cancer (Karma?). Anyway, the point is, have there been enough shares sold recently that someone not contractually limited to under 5-10% stock holdings could be accumulating enough shares to force the GNBT/NGIO board to do something detrimental? Like selling out for a grossly undervaluation? It seems like something nefarious is going on. As for the possible egregious motives, they may have ominous future implications. Please, someone just confirm that I am being paranoid.
PS. Glad to see you sending Joe https://www.thebasilelawfirm.com/post/sec-fin...bt-lenders. But can anything be done if my above paranoia has validation?
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