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  4. Generex Biotechnology Corp. (GNBTQ) Message Board

Isn't the real issue that he has no news right now

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Post# of 36563
(Total Views: 341)
Posted On: 01/13/2021 12:42:26 PM
Posted By: homerbedloe
Re: docj #25385
Isn't the real issue that he has no news right now to share in an attempt to maintain the momentum? The Chinese just paid $100k to extend the payment schedule for the $5 m up front money. If the $5 m was going to be available in the next day or two, don't you think that deal would never have been made? What that $100k payment meant to me is the Chinese partners are having a hard time getting approval to pay GNBT (and I strongly suspect the CCP is behind the resistance). If I'm correct, then it may be a week or a month (or more) before that payment will be made, and Joe can PR it.

Falls into that same category of things out of Joe's control. I do believe there is something really here, however - if we were talking "hope and dreams" science, no way do the Chinese partners offer $100k to hold their place as the preferred partner with GNBT.


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