Thanks Sam. This is what clearly ticks you off
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Posted On: 11/20/2020 12:06:50 PM
Thanks Sam.
This is what clearly ticks you off about Joe. He comes on here and claims he has no idea who is holding down the stock price. However he knows shares are being converted in a big way.
June 24 79.85M
July 31 82.25M
sept 14 91.88M 9.63M increase, 1.52M was GNBT
Nov 5 107.95M 16.07M increase, 4.34M was GNBT (between 9/14 and 10/13 since 10K stopped there. I'm sure between 10/14 and 11/5 GNBT converted just as many shares or more since price was way down)
So GNBT was not a big factor of conversion from 7/31-9/14, however they picked up from 9/14-10/13 and that had to continue thru 11/5 to take up more of that 16.07M share increase. At the end there, they were converting an average of 301,872 shares a trading day (7 trading days) from 10/5-10/13. Guess when the conf call for NGIO was, 10/8. So GNBT's conversions were holding down any enthusiasm from the conf call about Bintai picking up their right on Australia and New Zealand (where's the signed contract and upfront money on those these past 6 weeks since conf call?).
This is what clearly ticks you off about Joe. He comes on here and claims he has no idea who is holding down the stock price. However he knows shares are being converted in a big way.
June 24 79.85M
July 31 82.25M
sept 14 91.88M 9.63M increase, 1.52M was GNBT
Nov 5 107.95M 16.07M increase, 4.34M was GNBT (between 9/14 and 10/13 since 10K stopped there. I'm sure between 10/14 and 11/5 GNBT converted just as many shares or more since price was way down)
So GNBT was not a big factor of conversion from 7/31-9/14, however they picked up from 9/14-10/13 and that had to continue thru 11/5 to take up more of that 16.07M share increase. At the end there, they were converting an average of 301,872 shares a trading day (7 trading days) from 10/5-10/13. Guess when the conf call for NGIO was, 10/8. So GNBT's conversions were holding down any enthusiasm from the conf call about Bintai picking up their right on Australia and New Zealand (where's the signed contract and upfront money on those these past 6 weeks since conf call?).
Quote:
On October 5, 2020, we converted $50,000 of principal into 351,123 shares of common stock.
On October 5, 2020, we converted $4,500 of interest and $32,000 of penalties into 256,320 shares of common stock.
On October 6, 2020, we converted $35,000 of principal and $750 of fees into 251,053 shares of common stock.
On October 7, 2020, we converted $40,000 of principal and $22,000 of interest into 435,393 shares of common stock.
On October 7, 2020, we converted $15,120 of principal and $74,877 of interest into 632,000 shares of common stock.
On October 13, 2020, we converted $25,000 of principal and $5,704 of interest into 187,219 shares of common stock.
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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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