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The Whale

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The Whale

Re: None

Wednesday, 09/16/2020 3:33:15 AM

Wednesday, September 16, 2020 3:33:15 AM

Post# of 951
UPDATED: https://ih.advfn.com/stock-market/NYSE/gnc-GNC/stock-news/83041106/amended-statement-of-beneficial-ownership-sc-13d-a

Harbin owns 80% of the commons/retail trading float.

That only leaves approximately 25 MILLION trading common shares in the retail float.

FORM 4:
https://www.otcmarkets.com/filing/html?id=13234121&guid=7pi6UnDWN7Lcj8h

Harbin is the largest shareholder of Preferred and Commons and this $300 MILLION is part of the deal in addition to another $750 MILLION thrown down by Harbin. 

https://ih.advfn.com/stock-market/NYSE/gnc-GNC/stock-news/83249740/current-report-filing-8-k

Thursday, September 17, 2020, the Bankruptcy Court will approve the Plan. Harbin was the only bidder on Friday, September 11, 2020, when bids were due by 5 pm.

Guess where this stock is headed... :) 

https://www.gnc.com

$GNCIQ

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