I said nothing about intentionally breaking any SEC rules. I commented on your statement that a quiet period runs from when a company registers with the SEC until 40 days after the stock starts trading. Perhaps that was inaccurate on your part; perhaps I was missing something (which I suggested could be the case); perhaps I was misinterpreting or misunderstanding what is or is not allowed in a "quiet period." I also said that if I was not mistaken in my understanding, then I wondered why no communications that are repeatedly suggested here were being made. I made no accusation (and still am not, at least at this point).
Asking me to make suggestions about how to solve the issues that are plaguing Generex/NuGen is no different from asking the patient for suggestions on how to cure a condition when the patient tells the doctor that what s/he is doing is not helping. I did not agree to hold the positions of CEO/President/CoB, and would not have even were I asked, because I am not qualified. I am not qualified as an structural engineer, either, but I can point out when cracks appear in the foundation, even though I cannot tell you why they occurred or how to correct them. If I am one of the owners of the building, however, you can bet that I will point out what may be engineering/architectural/construction problems if I see them. In this particular case, Moscato is the engineer, architect, and builder.
I read lots of things about what people here say about the company, and I read what Moscato says, too. What people say and what people do are sometimes completely different things, so I focus on what is done, and not what is said. You can tell me repeatedly that you are going to send me $50 in the mail, but until the money actually arrives, what you tell me is, quite literally, valueless, because I have nothing to show for your words. Same principle applies here.
As for my investor status, I originally invested in the early 00's, back when I had a Scottrade account, before TDA bought it. Bought a bunch of shares over time, and "let it ride," based on what I had read about the goals/plans of the company, what apparently was 'in the pipeline," and what funding was being obtained. Reverse split (more than one? - I do not recall, but I think so) eventually came, and I still let it sit. At some point after Moscato "officially" took over, I bought many, many more shares, because I, too, believed the "vision." Initially, it appeared it might be coming true, so I bought more, even when that meant that I would be "averaging up," because I still believed good things were in the cards. Over the last couple of years, however, what the company has promoted, versus what this company has accomplished, have been two very different things, and it has been similar to a small child running from one toy to another, without ever actually engaging with one. (Kind of like "Randy" on Christmas morning in A Christmas Story.) I have sold a significant portion of my share of GNBT. When NUGX "slipped under Moscato's ever-watchful eye" and started trading, I also sold some of those early dividend shares. I continue to hold positions in "both companies."
Final thought - I recall AMZN, too. What I do not recall is that 20 years after they went public that the SP was substantially down, with no unequivocal indication that the SP would rise. Seems that Bezos' vision including building one brick on top of another, and not a brick here, a log there, a stone somewhere else. Funny you use Amazon; both it and Generex have been publicly traded relatively the same period of time.
Asking me to make suggestions about how to solve the issues that are plaguing Generex/NuGen is no different from asking the patient for suggestions on how to cure a condition when the patient tells the doctor that what s/he is doing is not helping. I did not agree to hold the positions of CEO/President/CoB, and would not have even were I asked, because I am not qualified. I am not qualified as an structural engineer, either, but I can point out when cracks appear in the foundation, even though I cannot tell you why they occurred or how to correct them. If I am one of the owners of the building, however, you can bet that I will point out what may be engineering/architectural/construction problems if I see them. In this particular case, Moscato is the engineer, architect, and builder.
I read lots of things about what people here say about the company, and I read what Moscato says, too. What people say and what people do are sometimes completely different things, so I focus on what is done, and not what is said. You can tell me repeatedly that you are going to send me $50 in the mail, but until the money actually arrives, what you tell me is, quite literally, valueless, because I have nothing to show for your words. Same principle applies here.
As for my investor status, I originally invested in the early 00's, back when I had a Scottrade account, before TDA bought it. Bought a bunch of shares over time, and "let it ride," based on what I had read about the goals/plans of the company, what apparently was 'in the pipeline," and what funding was being obtained. Reverse split (more than one? - I do not recall, but I think so) eventually came, and I still let it sit. At some point after Moscato "officially" took over, I bought many, many more shares, because I, too, believed the "vision." Initially, it appeared it might be coming true, so I bought more, even when that meant that I would be "averaging up," because I still believed good things were in the cards. Over the last couple of years, however, what the company has promoted, versus what this company has accomplished, have been two very different things, and it has been similar to a small child running from one toy to another, without ever actually engaging with one. (Kind of like "Randy" on Christmas morning in A Christmas Story.) I have sold a significant portion of my share of GNBT. When NUGX "slipped under Moscato's ever-watchful eye" and started trading, I also sold some of those early dividend shares. I continue to hold positions in "both companies."
Final thought - I recall AMZN, too. What I do not recall is that 20 years after they went public that the SP was substantially down, with no unequivocal indication that the SP would rise. Seems that Bezos' vision including building one brick on top of another, and not a brick here, a log there, a stone somewhere else. Funny you use Amazon; both it and Generex have been publicly traded relatively the same period of time.
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