Market Makers read the financial statements. No fundamentals left to trade on right now. No story either. How long do you have to make .00001 per trade?
I suggest we rename the company Generex Demolition Company. This is a more accurate name and since management has shown that they are so good at destruction that they could focus on this officially. LOL. This could be a resolution on the proxy for the AGM?
Charts? Look at the financial statements. They look like they have enough cash until the end of April. Four years ago they were supposed to do a roll out of Antigen Express. Nothing ever happened. Selling a whole bunch of assets over the past 4 years to pay for their salaries. No new partners in the past 4 years either. A lot of destruction though.
About 3 years ago they announced twice that they wanted to meet with potential markets at the JP Morgan Conference. They announced this past year that they were also going to a European partnering conference to meet potential partners. They have continued to be at ASCO all of these years. Where are those partners? Did they actually ever meet with any?
I love it. Talk about successful study on this board provides good comic relief. No money for studies. Check out the financial statements. There in black and white.
Have the financial statements improved since they were filed last week. Doubt it. I still think that they have just enough salaries until the end of April. No story left to raise money on. They have shown that even when they sell assets and take money in that it is not spent on developments.
Yup. Management has shown that they do not know what the hell they are doing. They should have all stepped down after the roll out of Antigen never happened.
The real story is that they never did the roll out of Antigen Express. When they realized that they had no clue as to how to do that they were scrambling with a BS deal with Amarantus. Then they jumped back on the bandwagon with Oral-lyn in India even going as far as saying that the approval was going to be moved up to 2013. Now it is back to the dogs with a new formula of Oral-lyn but of course they do not have the money for that either. Does this look like a straight story? No. Looks pretty screwy. JMHO.
Let's face it what funding for actual development has been secured over the past 4 years. Every financial statement shows little to no funding towards R&D has occurred. All in black and white. Just check them out. They jumped on the Oral-lyn story once the whole roll out of Antigen Express went bust or better yet was a non-starter. This is factual. No BS.
I can't believe people are so naïve to think that 2 or 3 puffs of Oral-lyn can just happen without a big investment. Where are the millions to do this development? Over the past 4 or 5 years Fletcher has taken millions for salaries only. This won\t change.
They plan on testing the new formulation on dogs. Just goes to show how they want to avoid real business and commercialization. Why not get Oral-lyn approved in India with the existing product first? The Phase III results were positive in India just like they announced. Talk about not knowing with the ___k they are doing.
Hey all shareholders should get a round of drinks to celebrate St. Paddy's Day today. Not just the few that get free drinks from the Master Puppeteers group.
I would not be surprised if some law suits start flying. Look at the state of this company. It is all in black and white in the financial statements.
I think that the day traders or the free round of drink club are thinking they are going to make a lot of money. I hope you made a lot of money on the $0.003 increase today. Best of luck to you there. The company itself has NO money. Only a little money left for salaries. Check the financial statements all there in black and white.