My suspicion
If GNBT does get a nasdaq listing, they will immediately file a registration statement for an offering that will result in the share price getting pummelled
Remember, theres no TIER ONE IB leading an offering for GNBT. Dont believe it, thats a BIG JOKE!!
If any, it will be one of the usual low tier bankers and all one needs to do is check their track record... littered with deals immediately falling to deep discounts from the offering price, which would be priced in the hole to begin with
Remember, most all these deals are placed with hedge funds and flippers
Maybe the CEO can address this on the next CC and disclose the names of any engagement made with investment bankers. My guess, it doesnt happen. Top secret, right?
