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Re: jedijazz post# 22082

Monday, 07/14/2014 11:32:13 AM

Monday, July 14, 2014 11:32:13 AM

Post# of 34668
I wouldn't bet on that. IR seems rather ticked at NEWL over the entire PR campaign. I think that is why they have stepped up their dilution game to full speed ahead, while they are capable. I read the terms of the agreement, too. NEWL really backed themselves into a corner signing that one. Then, you also have to take into account it all falls under Bermuda's law, and all rights to jury are automatically waived. We have to see exactly how many share IR actually has left. That 2.5 MM for 25 MM worth of stock has turned into a much higher amount from the mass dilution spree and R/S. Damned fool thing to sign on NEWL's part.

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