Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Generex Biotechnology Corp. (GNBTQ) Message Board

Sid: No, not really confusing anything, as far as

Message Board Public Reply | Private Reply | Keep | Replies (4)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 36566
(Total Views: 454)
Posted On: 05/24/2021 4:22:00 PM
Posted By: FanMail
Re: Assiduous #29612
Sid: No, not really confusing anything, as far as I can tell. The dividend shares that we have (from some of the posts, it sounds as though both dividend lots are restricted now, but I cannot tell for sure) are restricted. There is nothing I have read or heard (and happy to be corrected, if I am wrong), that indicates we will be able to trade dividend shares when the company [officially] IPOs [on NASDAQ]. IF that is the case, and all dividend shares are, in fact, Class A shares, they will remain restricted until 9-18 mos post-IPO. As for the Class A shares that already are trading OTC pink, sure, those can be bought [and sold] not only currently, but at anytime, IPO or no IPO. For those of us who have the dividend shares, however, and not buying them on the OTC market, those shares will have no value (i.e., cannot be traded for a gain) until the OTC converts, unless for some reason they become unrestricted - and no one has mentioned that happening before post-IPO. Based on the SEC filing, the dividend shares must, by definition, be Class A shares. Perhaps that is my error, i.e., assuming that those shares will remain restricted until after the IPO, and specifically 9-18 months after the IPO, when they convert. Has there been any communication from the company announcing a time frame that the dividend shares will become unrestricted?

By the way, thank you for responding. I guess posters like buildit never remove their rose-colored glasses, and anyone who does something other than bottom-line praise are condemned. E.g., I ask MMPJOE to explain, on behalf of the company for which he is the CEO/President, who submitted the required documentation to FINRA to have NUGX traded, and who confirmed the information in those submissions for FINRA. For that, I have received snarky responses at best. MMPJOE in particular sent me a private reply and called me a "pos." In the meantime, no substantive response.


(1)
(0)




Generex Biotechnology Corp. (GNBTQ) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us