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Skeptical Economist

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Skeptical Economist

Re: Rothman post# 45044

Wednesday, 07/02/2014 10:42:16 AM

Wednesday, July 02, 2014 10:42:16 AM

Post# of 48941
Sold to a lawyers and investemnt bank "guy". Seems like a sketchy reply....

Buying a company "shell" with 5 billion shares outstanding, with need for a legal 504 ruling pending for a reverse merger does not make sense. You can do that with a clean company with fewer shares. Also, NWTT does not qualify as a shell under SEC or canadian rules. So, something else is up. My bet--NWTT has in the course of its incarnations acquired an asset or an option with value in excess of that of the shares outstanding.
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Volume:
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Total Trades:
  • 1D
  • 1M
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  • 6M
  • 1Y
  • 5Y
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