GMIN, seriously, I have just given you that thumbs
Post# of 36536
I am tired of your repeated same negative statements. Do you actually notice the crack in your record, and you keep playing the same old story every day anew?
I am sure that we all are similarly frustrated with the current shareprice, and consequently GNBT's management, and I am ok if one vents ones frustrations here on this board once in a while, but in your case it is almost word by word the same posting every new trading day.
As stated before, I am also about 50% "under water" with my investment, and I would also like to have a more transparent and open communication that Joe kept bragging about repeatedly in the past.
But, I can only assume that they have mostly retreated themselves from the public, for a very good reason. And looking way back into the past, Joe and his team has already once resurrected this company from the dead. Let me remind you, and here i know that I repeat myself also , after Joe has taken over in early 2017, I had already given up my GNBT investment at least once. Then after one PR, one CC and the 1000:1 RS, they disappeared from the public for a total of ~10 months, not publishing a single PR etc., only to come back with a BANG, which caused the PPS to rise like a Phoenix from the ashes.
My gut feeling tells me that something similar is in the works behind closed doors right now again. And my hunch tells me that it has a lot to do with the NGIO IPO.
Just imagine for a second, that they would come out with a PR publicly announcing the result of the valuation of NGIO and letting us know the exact date of the NGIO IPO to be happening still before the end of this month of January. That all would make a lot of sense, even in the context of that bonus payment of $6 million in shares to the employees by that deadline of January, 31st.
I have to admit, that I was assuming that there was more of a strategic plan behind the fact that they published that PR on December 31st. That this would only be a starting point for a new PR/IR offensive, with a whole bunch of follow up PRs right out of the bat in the new year. The longer it takes for them to release the next PR, the more it does no longer shed a good light on their PR/IR strategy, I agree. However, let's give them a couple of extra days and see if there was just a little extra delay that caused this little lag in their PR offensive. Maybe it took longer for the bank to deposit the $5 mill. into GNBT's back account (due to the change of year, maybe??), or the Chinese authorities had the chinese partners jump another couple of hoops, before they could have their entity and accounts set up. Who knows what could have gone wrong (again), which is out of GNBT management's control, and could have caused the delay that they could not at all have anticipated.
Let's continue to be patient and constructive in our way to discuss about GNBT, and please refrain from posting over and over the same negative stuff. We are aware that you don't think highly about the current CEO, and would prefer having him replaced, but in reality this is what we've got and, realisticly speaking, I am quite sure that in the current situation, we can actually consider ouselves lucky that it is not him, who simply throws in the towel and resigns.Have you ever thought of that and what that would mean for GNBT and us shareholders?
I keep my fingers crossed that we will soon receive additional information from GNBT and that this information will explain all the delays and have us all smiling all the way to our banks, because of the great news that will be revealed to us.