reverse stock split
Posted in the Generex Biotechnology Forum
#1 Mar 30, 2011
a reverse stock split is unfare to all who have been hanging in there and believing in generex....a split of this type is only a way to steal from the rest of us....leave it alone or everyone will close you out...you seem so close to being successful that it would be unethical to do a reverse split.
#2 Apr 18, 2011
a reverse split is nothing more than a massive share grab by corporate. their last attempt involved a 1:10 reverse split with a mere 25% reduction in the number of authorized shares. the best term for that maneuver is looting the shareholders.
#3 Jun 7, 2011
Vote NO on a reverse stock split!!! GNBT management has failed to fill pharmacy shelves with its over the counter products. In New York City, one of the largest in the world, I could not find any pharmacy that carries Glucose Rapid Spray. Most pharmacists told me they never heard of Generex! GNBT marketing department told me they need 6 months to place their products in a store. This was over a year ago! Twenty cents today, two dollars after a 1 for 10 split. The way Generex management is managing the company, price per share will be back to .20 cents quickly. Shareholders get screwed and the board members get millions in bonus shares!!! Put a stop to their BS lies. Vote NO on a reverse split.
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