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Re: Evaluate post# 27235

Saturday, 12/20/2014 11:14:18 PM

Saturday, December 20, 2014 11:14:18 PM

Post# of 721586
How is loaning the company 2.25 million and converting it into shares at $4 plus warrants not material information?

Shouldn't this have been reported within 3 business days?

Getting more concerned about this Cognate relationship.
I wish I could get the same deal.
On Jun 30 the low of the day was $6.5 and closed at $6.71. To get that kind of deal for loaning the money for less than 1 month is pretty pretty pretty good.

How come the investors in April, August and Woodford did not get such a deal?
from the April press release: "The Stock Purchase Agreement provides for the sale of an initial $15 million of common stock at $6.60 per share (approximately 8% discount to the closing market price)."

They get a 8% discount,yet Cognate gets a 39% discount plus warrants.

Funny how they file this report after the annual meeting.


Since NW owns the building in England will we receive rent from cognate or will they lower their fee for services? I am long this company but some things are getting clearer while others are getting cloudier.

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