true Hylander. Asking for a 15-day extension in
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Posted On: 11/18/2021 2:13:03 PM
true Hylander.
Asking for a 15-day extension in the presentation of the 10k is a fairly frequent practice for Gnbt / Ngio. Breaking the term doesn't seem to have ever happened to me. It is not absolutely serious from a regulatory point of view (it seems to me they have an additional 45 days to heal the position), but it is very serious to destabilize the trend of the quotation, especially since the first thought that arises in the mind is that the company has serious difficulties. ', although this is not necessarily the case .. In practice, it exponentially foments the uncertainty given by 4 months of silence, and a logical consequence is the collapse of the PPP.
Another hypothesis for the current 7 cents, and for the high volume of trading, is that 150/200 million shares have been issued to raise the $ 15/20 million necessary for the Ngio listing or for the development of the first phases (in this case with approved ind) ... I don't remember the agreements with Oasis well, but it seems to me that the shares that could be issued were in that order of magnitude ... In this case, in the next few days we will see the updating of the shares in circulation
Asking for a 15-day extension in the presentation of the 10k is a fairly frequent practice for Gnbt / Ngio. Breaking the term doesn't seem to have ever happened to me. It is not absolutely serious from a regulatory point of view (it seems to me they have an additional 45 days to heal the position), but it is very serious to destabilize the trend of the quotation, especially since the first thought that arises in the mind is that the company has serious difficulties. ', although this is not necessarily the case .. In practice, it exponentially foments the uncertainty given by 4 months of silence, and a logical consequence is the collapse of the PPP.
Another hypothesis for the current 7 cents, and for the high volume of trading, is that 150/200 million shares have been issued to raise the $ 15/20 million necessary for the Ngio listing or for the development of the first phases (in this case with approved ind) ... I don't remember the agreements with Oasis well, but it seems to me that the shares that could be issued were in that order of magnitude ... In this case, in the next few days we will see the updating of the shares in circulation
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