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  4. Generex Biotechnology Corp. (GNBTQ) Message Board

Yes, I know that the conversion is one way and tha

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Post# of 36568
(Total Views: 349)
Posted On: 05/21/2021 5:44:35 PM
Posted By: youhou
Re: Assiduous #29564
Yes, I know that the conversion is one way and that the B shares will be traded.

For the third point, I don't really know what it implies.
If you tell me that Gnbt will keep 63% of the company, whatever happens with the share A price/conversion/market cap, I am happy. If the percentage of ownership depends on how NUGX trades relative to NGIO, I need to try to evaluate things further (and still believe the A/B or B/A makes a difference).

I think that the GNBT team knows what they do and that their interests are aligned with ours. I just try to understand what happens with my investments.

I don't own any NUGX and wish you all, older shareholders, to benefit the most of this, I think you deserve it.



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