Replies to post #43918 on Genta, Inc (fka GNTAQ)

[RYJO]

I believe April 26th is the day the proxy goes out for reverse split voting. so, if they convert and sell before the proxy, those shares won't be in the hands of dirty financing anymore. genta needs them in the hands of dirty financing, as they are contractually bound to vote FOR the reverse split, since they make up way more than the 66.66% of votes needed for the reverse split. once a shareholder of record by april 26, then they ensure the split vote, and can sell if they want