Followers | 196 |
Posts | 24395 |
Boards Moderated | 0 |
Alias Born | 04/03/2010 |
Sunday, December 04, 2016 10:18:43 AM
You mistake the now... part of what I've been saying with the before part of what I've said before....
You also mistake the issue of how much he would buy.
You don't really understand how funds work, so it's all either or all or none.... it doesn't work like that at all. And there are far more likely to be a lot more considerations than people think on bulletin boards.
And as I said, some funds do sometimes participate in an offering. On good news, as I've said before, when the future of the company is clear, maybe he will and maybe he will still have capacity in his fund not to overcommit to the company or be seen to just be trying to do what you suggested, save the company. He can't "save" the company. Or use his funds to prevent "dilution". None of that makes sense anyway.
But more importantly, he has fiduciary duties to the fund holders, not the company and not to the other shareholders in the company who own their own shares.
He also has another trust related "fund" that invests in NWBO, though hard to know how much he wants either fund to be in it, as a percentage or in these kinds of stocks. They have parameters for that sort of thing. But he may be able to get options via the trust related fund, it depends on what investors he has in the funds, the objectives, the portfolio parameters, and the instruments he is allowed to invest in.
I can tell you generally what happens. We can even look at his funds, though we don't know exactly what rules and policies they follow exactly. And generally speaking, I'm going off what you're saying because, to be honest, most of the stuff said about him is so emotional and about wishful thinking that it seems very unhelpful in thinking about NWBO as an investment. The fact that he maintained his investment, despite the long drop, I think speaks the most strongly. Most money managers would have sold if they thought there was fraud or other bad activity here, and taken their $6, or $5, or $2 long before we got to this point. He may have hedged it down to avoid the portfolio hit as well. As I said, he can no doubt hedge an actual investment, in most cases.
Recent NWBO News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 09:04:57 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 03/01/2024 10:04:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/02/2023 01:31:35 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 10:11:54 PM
- Epazz, Inc. (OTC Pink: EPAZ) ZenaDrone Demonstration to Defense Departments of UAE and Saudi Arabia • InvestorsHub NewsWire • 11/15/2023 12:19:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:30:39 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 • InvestorsHub NewsWire • 11/09/2023 01:00:34 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 Extreme Weather Demo • InvestorsHub NewsWire • 11/07/2023 12:29:43 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2023 08:36:14 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM