All of their actions in the past 4 years show that they had no plan whatsoever and that they go about running the company like a chicken with their heads cut off. Not one of them has shown any sense. I guess the plan was to put on a puppet show and keep on getting their salaries.
If you recall Fletcher and company were going to focus on the roll out of Antigen Express. This means that Oral-lyn was put on the back burner. They had no intention of going forward with selling Oral-lyn to fund Phase III. In fact they only revived the India Oral-lyn story when they realized they did not have the skills to do the roll out of Antigen Express so they needed another story to raise money to keep their salaries going.
5 people? Did someone resign? The real joke is that they are asking for more shares. Why bother if they plan on rolling back?
Looks like Moscato and Fletcher will continue to sell shares to pay for their salaries for a lifetime. Wow. Great job if you can get it.
I just get the sense that these guys cannot find a job anywhere else so they need to hold onto dear life to this puppet show of theirs.
Yup. No show at the ADA. No show at ASCO. We do not know how many more LOIs or MOUs they will sign to try to get the stock up to get salary money in the door. The company is demolished as is the stock price. Even with a reverse split a bunch of LOIs will not keep the stock up. They will be back down to a penny and on top of it they would have wiped out liquidity. Then the chances of raising money will also be demolished. So great idea to push a R/S. NOT!
It looks like they have a few hundred thousand left. Will they make it to the AGM? They must know that they will get the vote or why bother having the AGM with only a few hundred thousand dollars left and a stock price that won't allow them to raise money.
Do you really think Generex meets all of the requirements to get a national listing? Even if they do a reverse split they still do not have all the assets. What are they still promising that $10 million private placement from 4 years ago.
We have about 2 months until the AGM. Either they get voted out. This would be nice but if it is in the hands of the debenture holders I do not know who they would replace them with. Or they run out of money. From the latest Q it looks like they have a few hundred thousand left and with their current burn they may not make it past the AGM. JMHO.
The demolition is real alright. Unfortunately. Tell us more about recovering our losses from insurance money. What insurance?
Did Explosive OTC collect their $15,000 this week. They obviously have no reason to do DD. Are we expecting more LOIs this week. That would be about it. JMHO.
I think it is market makers. Maybe someone provides some shares to liquidate for them. Who knows!
Well good for Fletcher and Moscato. The salaries continue. They won't have to apply to the demolition company after all. LOL.
Well I wouldn't say nothing. The Puppet Master suckers in some of his hedge fund buddies to put up some money so that Fletcher and he can keep on getting paid. Nice little vehicle for them. And only then. What BS story did they tell the funders now? Roll out of Antigen Express? They had the money for that years ago didn't they?