Haven’t been watching too much during the day la

Haven’t been watching too much during the day lately, since we seem stuck at $0.20 for now. I did believe, as others have stated, that we were being manipulated by some big holders. However, after seeing the 10K, I think it is just the shares GNBT converted to get money. It was pointed out that was only about 7M shares, but that was 7M shares since 7/31, so in 3 1/2 months. So if GNBT converts shares at $0.16, then the MM sells at $0.20, the MM makes $0.04, so about 25%. Now let’s say our normal volume is 300K/day, and we trade 500K, then only 200K/day divided by 2 (buyer and seller on each side of trade) so 100K/day is being added. With 20 trade days/month, that’s 2M shares a month being added. So I’m 3 1/2 months, that is 7M shares, so that could be our over hanging ceiling. Hence doc saying GNBT needs to stop converting and selling shares to keep the lights on. How about they sell some product and make revenue to keep the lights on. They did buy all those companies with great revenue sources.

Sorry for the rant, I have a cyst near my sinus line and I have been in some serious mouth pain all weekend. Went to dentist today and got augmentin to help get rid of it.

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.