hylander: I saw this from another forum, and offe
Post# of 36537
If you look at the history of the company, you will see that historically, GNBT made announcements about new products or services, followed a SP bump, and then the company stopped talking about the product/service permanently, and never (and I really mean never, believe it or not) mentioned the product or service again in terms of real revenues generated by the product or service. That was a successful MO for GNBT, until COVID. GNBT tried its usual "quick-pump" approach, expecting (I believe) that no company would be able to develop a deployable vaccine sooner than 4-5 years (the usual time frame), and certainly not within less than a year. That provided cover so GNBT could claim it was working on a vaccine just like everyone else, and announce agreements and memoranda of understanding with other countries and companies, pump the SP, and never have to produce anything. The plan was that COVID would fade into the background like everything before it, and no one would be the wiser. Now, the management is caught with their proverbial pants around their ankles, because other companies ARE coming and HAVE come up with effective vaccines. The only play left to GNBT at this point is to claim they are developing a "better" vaccine (not just one that works, like the "other guys", and they came up with a new scheme - trademark the name "Complete Vaccine." That way, when prospective individual investors do their DD, they see the reference multiple times, associated with GNBT. Of course, it is absolutely meaningless, because it is literally nothing more than two words stuck together and trademarked. How many individual, self-directed investors, though, actually dig down deep to get all the facts, instead of just looking at something that pops up on their screen a few times. That's what has made this truly insidious. Once some people get sucked in, the only way out is to keep praising the company in the hopes that they will be able to get their money back, and get out. Now, because the vaccine scam has not worked, the executives had to come up with something new to distract people away from this glaring failure. The "new" thing? Something they have been mentioning occasionally over the last few months - the listing of NuGenerex. But it's not NGIO, and it's not on the NASDAQ. This is deliberate. They can gin up talk about this stock simply by allowing it to trade, and denying that they knew anything about it being quoted on OTC Pink; with the true believers out there, they will get some folks to buy, even though the company has no more value than GNBT itself. Want proof? Look at GNBT recently, and ask yourself why its price has held or fallen, when GNBT owns 64% of NuGenerex, and NUGX at one point actually climbed all the way to $5.80/share. Something is not right about this. Also, if some of the shares can be traded, and trading is not stopped by the company, why can't ALL the shares be traded now? Why are only some of the shares available? The most popular explanation? Eventually, all the shares will be listed on NSADAQ, under NGIO. If that is true, and it ultimately makes no difference, then ALL the shares should be trading now, and then they all will be "uplisted" to the NASDAQ. There has to be something else dangling out there, something else that can be used in the hope of driving the price up, so that "the game goes one." Ask yourself what accomplishment took place that justified the bonuses paid to the executives. Keep an eye out for those most offensive posters on the boards, because their remarks never are direct, and usually are just explanations/excuses for why the company has not performed. It's can't ALWAYS be someone else's fault (excuse #1), and it is not ALWAYS a matter of "waiting a little longer" (excuse #2). If the company actually produced something, I would have a different attitude, and would be "singing a different tune," but history is certain, and promises are not. Look at the recent "explanations" about some "jumbo certificate," and ask yourself if that sounds like just another excuse. Now, it's time to delay again (weeks until the conference call), so that another "explanation" can be offered.