Generex Biotechnology Corp. (fka GNBTQ)

[tc2000chartreader]

You're welcome. I considered buying into these Preferreds, when they were first announced, however I won't. The warrants to buy GNBT at $15 (we are at $0.22) and at only a 1 for 10 ration, is not enough enticement. The 13% dividend is meaningless, since they are taking 39% of the money I would give them, on a after tax basis, creating a sinking fund to pay me back as a dividend (which is now taxable to me) does not make sense. Just not for me.