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Biotech / Medical : GNBT Generex
GNBT 0.00Jan 27 4:00 PM EST

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To: Hawkmoon who wrote (66)1/25/2006 9:17:03 AM
From: Hawkmoon  Read Replies (1) of 310
 
Also, another PR that came out yesterday, but hasn't shown up on Yahoo Newswire is that GNBT raised $6 Million from exercise of warrants.

Most of knew from thread traffic and filings that this had probably been the case. But it has not been officially announced and it could drive up the stock.

New warrants were issued with exercise price of 1.60. Thus, the stock has to rise above that point to make them any profit.

Hawk
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