Replies to post #19555 on Genta, Inc (fka GNTAQ)

[varok]

Since you appear not to have read the filings and continue to mislead folks here..

I will explain it to you..

Here is the break down.

Purpose of Proposed Reverse Stock Split

According to the terms of our 2009 Notes (as defined below), we must effect a reverse stock split within a certain amount of time following the 2009 Initial Closing (as defined below) or be in default under the terms of the 2009 Notes.

Here is the closing date..

The Company closed on approximately $6 million of such Notes and Warrants, referred to herein as the 2009 Initial Closing, on April 2, 2009.


Now here is the 105 day timeline..

This is 3.5 months from April 2, 2009 closing date.

This makes the R/S effective no later than July 15, 2009, Approx.

This is the facts.

have a good day
Varok