Retirement - you nailed the reason I am till here as an investor - I have dividend shares that I cannot unload - and NO ONE, positively no one, has explained who it was or how it was that NUGX started trading on OTC, who confirmed the necessary information with FINRA (required before it could trade), and why it is that management's attitude since then has been one of "Oh, well, I guess that's the way it is, let's make the best of it (by creating a "second class" second class of shares that "loyal investors" received as a dividend, which now will be tied up until the IPO - if it ever happens - and even then until months thereafter). Does that sound like "loyal management" that gives a fuzzy rat about the very investors who have kept this company afloat for years? Would a management that had no hand in creating this OTC trading scenario just shrug their collective shoulders and continue with the "business as usual" approach, or would they be in touch with FINRA to find out where to point the lawyers to pursue some justice for those 'loyal shareholders?" Would management dedicated to "loyal shareholders" repeatedly give assurances about goals being met, business moving forward, and revenues being generated, only to followed by complete (and uncharacteristic) silence? And finally, what about the fiduciary obligation the BoD has to shareholders to undertake and follow through on financially sound business opportunities, and keep shareholders apprised of the results of pursuit of those opportunities? No one on this or any other board (except, perhaps, the BoD) has a palatable explanation for this.
So yeah, I am being held hostage as an investor, and I don't like it - not one little bit.
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Generex Biotechnology Corp. (GNBTQ) Stock Research Links
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