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microman55

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microman55

Re: biotech2010 post# 1178

Friday, 02/17/2017 12:01:49 AM

Friday, February 17, 2017 12:01:49 AM

Post# of 2104
I don't know about that. The primary option to convert rests with CNAT who can convert from right now through Dec. 19, 2017 without any strings attached that are noted in the 8K. NVS only has a couple of circumstances under which it can convert. The control of conversion...and it will occur at a premium to recent pricing per the 8K....rests with CNAT. It's unheard of for the convertible issuer to hold the option to convert from the get-go. This is outstanding news. Read more over at the investorvillage board for CNAT. IMO.
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