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Re: Stockwatch703 post# 29256

Monday, 08/18/2014 5:16:07 PM

Monday, August 18, 2014 5:16:07 PM

Post# of 34668
Lol! After investing in NEWL you would dare investing in another falling knife. The dilutions will keep coming until they can properly finance themselves.

Sometimes it's round after, round after, round after on new investors sometimes for years.

I while ago l check the background on that case. Iron Ridge actually didn't do anything wrong as far as contractual agreements. Seems SVFC signed themselves away and then realized what was really going on, and wanted to counter.

Iron Ridge did breach the contract with NEWL but we'll have to wait until arbitration to see if any heads truly roll. There are many ways for Iron Ridge to get away scratch free. If convicted there's also how much they will get in damages. Could be a little or a lot or hopefully a lot more. Not to mention a damn jurisdiction that will have some conviction for what happened.

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