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Biotech / Medical : GNBT Generex -- Ignore unavailable to you. Want to Upgrade?


To: MJ who wrote (279)4/26/2010 12:34:12 PM
From: MJ  Read Replies (1) | Respond to of 310
 
Called Investor Relations about the recent 'traunches', the new word, for investors buying GNBT Stock.

The investors will be buying in the 'open market' 2 million shares every other week-----every two weeks.

The total number of share is 50 million to be bought-------divided into 25 time slots(traunches).

That means if I am right on this that the purchases will take about 6 months to complete from the original start of the process.

I don't have the time of the first 2million bought-----may have been about a month ago.

Accdg. to IR this is good for the company.

mj