I feel like this has been explained countless times.

New Post Public Reply Private Reply Replies (1) Message Board
rjs9787 Southbill #34682
643
I feel like this has been explained countless times. There’s lots to complain about, but the bonus one is a dead end.

Yes, Generex was planning bonuses, after all they state in the filings salaries are listed yet haven’t been paid. They planned a spin out. They planned on that finally bringing in significant funds to propel the companies and finally award BOD or employees due compensation.

The spin out hasn’t occurred.

“During the three months ended October 31, 2020, the Company awarded executives and employees bonus compensation of $7,005,416 to be paid in approximately $1 million in cash and $6 million in stock. The cash portion is to be paid out before December 31, 2020 and the stock portion is expected to be issued by January 31, 2021.”

These bonuses hence haven’t been awarded, much like past salaries weren’t awarded and are due. So, go and look at each subsequent quarterly report. The last was in June. The full amount is listed in General and Administrative Expenses in the full amount “to be” paid.

It’s not paid.

That aside, there’s always the possibility of money inappropriately going to a person. That would be something criminal. As far as we know, that’s not currently on the table. To me, what is obvious is a poor management plan on acquiring toxic (Veneto) or worthless (Hema for one) companies to be a Holding Company. That’s a bad idea because all limited resources should have gone to Ii-Key and some to Oral-Lyn (which completely stalled under Joe). Building out clinics makes no sense until cash comes in as AE37 shows success or the Covid vaccine starts real human trials.

Generex Biotechnology Corp. (GNBTQ) Stock Research Links

GNBTQ Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

NumbersGame's Bold Integration Ups the Accounting Ante

Updated Category News Views 24

Integrating the Heavy Hitters: Stripe, Square, and Ramp Diving headfirst into the mix, NumbersGame's recent move to open up integration with heavyweights like Stripe, Square, and Ramp is nothing short of a game-changer for accountants in the field. If you’re an accounting firm handling multiple clients, brace yourself—these latest enhancements might just redefine the...

Continue Reading
Amazon and CarbiCrete Innovate with Cement-Free Pavers

Updated Category News Views 88

Amazon Makes a Play for the Planet Look, I'm not one to sprinkle sugar on a cement-related chat, but I gotta say, this CarbiCrete deal has got my attention. Amazon, a titan known for its logistical empire, is diving headfirst into cement-free territory with CarbiCrete's products. In a world where cement production has been a stubborn carbon belcher, there's something big...

Continue Reading
Marco's Pizza Sets Sights on Major Franchise Growth

Updated Category News Views 96

Marco's Pizza is making waves in the franchising world, and it's not just because they're slinging dough to eager customers. You might want to pay attention to this Toledo-based dynamo as it lands yet again on the Franchise Times Top 400 list for 2026. This ranking, mind you, is no small potatoes; it's the real deal, vetted through a rigorous five-month process that spots...

Continue Reading
Motiva Taps HR Vet Terry Rogers for Key Leadership Role

Updated Category News Views 41

Rogers Steps Into the HR Spotlight Out of the Houston heat comes fresh personnel news destined to tweak the interest of anyone watching energy giants like Motiva Enterprises. Terry Rogers, who's been weathering the HR trenches in energy for over 20 years, is stepping into some big shoes as the Executive Vice President of Human Resources. Effective November 1, 2026, Rogers...

Continue Reading
Lincoln Avenue's Bold New Move: Affordable Senior Living

Updated Category News Views 55

A New Senior Housing Era Begins in Channahon If there's one thing the affordable housing game loves, it's the mix of ambition and grit—both of which Lincoln Avenue Communities (LAC) brings to the table with The Talia. This latest project in Channahon, Illinois, marks their fourth groundbreaking in the state, cementing LAC's place as a key player in providing quality...

Continue Reading
Cymat Explores Sc-Al Alloy JV: Critical Step Forward

Updated Category News Views 72

Scandium-Aluminum Alloy: A Game Changer? A joint venture announcement has investors buzzing, as Cymat Technologies Ltd. is gearing up for a game-changing push into the scandium-aluminum (Sc-Al) alloy space. Now, don't shrug this off as another run-of-the-mill alliance—there's meat on these bones, and it's worth a close look. The key takeaway is that Cymat's venture with...

Continue Reading
Smart Ports: Riding the High Seas of Innovation

Updated Category News Views 0

A Deep Dive into Smart Ports The old days of maritime operations are long gone. We're now staring at the future of port operations with these so-called 'smart ports.' The smart port market is bracing to skyrocket, with the valuation expected to leap from USD 4.2 billion in 2026 to a whoppin' USD 23.10 billion by 2034. That’s a galloping CAGR of 23.80%! Investors better...

Continue Reading
Investigation Looms Over ADT, Instacart, Ultralife Deals

Updated Category News Views 153

Corporate Deals Under the Microscope: What's at Stake? The headlines are shouting: ADT, Instacart, and Ultralife are all embroiled in merger activities that might not exactly be what shareholders signed up for. On the surface, you've got big names like DoorDash stepping up to snag some of these firms, but the question here is whether the deals are truly fair—or if...

Continue Reading
Academy Sports Teams Up With Little Debbie for Holidays

Updated Category News Views 51

Collaboration Brews Between Academy and Little Debbie Holiday cheer isn't complete without a mash-up that gets tongues wagging and wallets opening. Only this time, a sporting goods giant and your favorite snack cake brand are bringing us the yuletide spirit. Academy Sports + Outdoors has teamed up with Little Debbie for a limited-time collaboration under its Magellan...

Continue Reading
FirstEnergy Foundation Aims High with New Leadership

Updated Category News Views 44

Changing the Guard at FirstEnergy Foundation For a company with a hefty footprint across the northeastern United States, FirstEnergy Corp. (NYSE: FE) seems to be diving deep into the philanthropic pool with its recent leadership shuffle. Don Rettig, an experienced figure in the world of corporate philanthropy, is taking the helm as Vice President and President of the...

Continue Reading

Top 5 Most Recently Viewed Articles

Investigation of Western Alliance Bancorporation Sparks Interest

Updated Category News Views 349

Investigation Initiated for Western Alliance Bancorporation Shareholders Recently, an investigation has begun concerning potential securities claims affecting shareholders of Western Alliance Bancorporation (NYSE: WAL). This inquiry is prompted by allegations that the corporation may have presented misleading business information to the investing community. As this...

Continue Reading
Understanding Super Micro Computer's Options Trends and Insights

Updated Category News Views 135

Insight into Super Micro Computer's Options Activity In recent weeks, major investors have shown a notably bullish sentiment toward Super Micro Computer (NASDAQ: SMCI). This trend is particularly significant for retail traders who may be looking for opportunities in the market. Observing Unusual Trading Patterns Today, our options scanning tool detected 45 unusual options...

Continue Reading
Torch Clean Energy Forms Partnership to Advance Solar Initiatives

Updated Category News Views 424

Torch Clean Energy Partners with Morgan Stanley Infrastructure Partners In an exciting development for the renewable energy sector, Morgan Stanley Infrastructure Partners (MSIP) has forged a strategic partnership with Torch Clean Energy, a leading developer in utility-scale solar and storage solutions. This collaboration is set to pave the way for Torch to elevate its...

Continue Reading
Motion Controls Robotics Enhances Growth Through Strategic Funding

Updated Category News Views 106

Motion Controls Robotics Enhances Growth Through Strategic Funding Motion Controls Robotics, Inc., a leader in robotic automation solutions, has recently secured funding from Signature Bank NA. This funding represents a pivotal milestone in MCRI’s growth strategy, designed to expand its capabilities and to provide advanced automation solutions for businesses across key...

Continue Reading
Enhancing AI Performance: Unveiling Test Studio by Boost.ai

Updated Category News Views 257

Revolutionizing AI Agent Testing with Test Studio In an era where enterprises are rapidly adopting artificial intelligence, ensuring the effectiveness of AI agents before deploying them in customer-facing applications has become paramount. Test Studio by boost.ai emerges as a solution for enterprises to thoroughly test AI accuracy, streamline workflows, and validate...

Continue Reading