Replies to post #28257 on Genta, Inc (fka GNTAQ)

[ryan128]

I don't think so. If that was the case they would have released this already and stated that they need the R/S because of this reason.

My guess is what it has always been since they cancelled the vote and accelerated the notes. It is the reason I requested a list of 2009 note holders. I believe that the 2009 note holders and 2008 note holders are one in the same.

No big deal really. If it goes to legal action a judge could force the company and SEC to release this information.

We will have to wait and see, but once again good news followed by some very shaky stuff.

[fmrick]

I think a partner would be a material fact, and I don't think the SEC would let them keep that confidential, and even if they did, what justification would there be to keep it confidential for 10 years? Material facts MUST be disclosed within a reasonable time.

Most likely they want to keep the names of the note holders confidential. Note holders would not want the public to know who they were. Would you? These type of investors are very private, and don't want everybody knowing their business, including shareholders that they may represent. Some of these people make tremendous returns. Remember the stir late last year and early this year about all the money the hedge funds made?