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Learner09

04/07/10 12:51 AM

#43118 RE: stocktrader001 #43116

The R/S can't happen before June 15th

Link: http://ih.advfn.com/p.php?pid=nmona&cb=1270613854&article=42273522&symbol=NB%5EGETA

Important notice regarding the availability of proxy materials for the Annual Meeting to be held on June 15, 2010.


The rest of your question is well.....complicated. It won't be quick that's for sure. Genta will begin discussions with the FDA on what they will expect for a phase 3 trial for an oral Ganite by the end of June.

Don't get me wrong. This is a block buster drug if it works. I always thought Genesence was second stage to Tesetaxel, but the one needed the other to succeed. Problem is the other didn't succeed so the one has to move on at the stockholders expense, again. No other choice. I hope I'm invested here when Ray and LaReta get a drug to the finish line, but today isn't the day to invest. IMO...

Billions of shares to deal with before that. lol

Happy trading, Learner.

Talc Moan

04/07/10 2:48 AM

#43126 RE: stocktrader001 #43116

Ray , will not do the R/S to coincide with Tesetaxel. That's the Problem with Genta. We are always guessing. My guess R/S won't happen till July-Oct.

Apr 30th is the vote to just approve it. Then there gonna dump x amount of shares, then announce the date. This one will prob be a 1-20 or 1-10 or 1-6.




Smitter SMTT