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Generex Biotechnology Corp. Message Board

  • nadayil nadayil Jan 31, 2013 5:48 PM Flag

    REVERSE SPLIT???????

    1.5 billion shares after dilution means 1 : 100 reverse split to make it to 15 million shares to be listed on nasdaq......right......any opinions??????

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    • The ONLY reason to reverse split would be to give the new warrant grantees room to unload the doubled treasury. VOTE NO TO ALL!

    • "..if we can get the price back up to some sort of reasonable range, trading in the stock will be healthier and we can build on the strength of the Generex Oral-lyn program and the Antigen Express successes in order to maintain value and prevent a – any kind of loss of value as a result of the reverse stock split.

      "I think that anyone would agree that if we are trading at a price that is substantially higher than where we are now, the trading pattern will be healthier, we’ll get more interest from the stock market and we’ll be better positioned to raise additional capital that we need for our projects.

      Bullsheeting again..he said the problem is not them,but the trading,traders!Wow what was i 'm thinking!Now he opened my eyes

    • There are other requirements that need to be meet before a NASDAQ listing. Generex does not meet any of them nor do they have any hope in the future of meeting them.

 
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