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Re: gnawkz post# 46190

Tuesday, 12/01/2015 7:12:55 PM

Tuesday, December 01, 2015 7:12:55 PM

Post# of 718771
I read the later post first, then this one. I think you've answered my question but if you want to elaborate, that'd be great.

I'm curious to find out if that $14 million we've paid to Cognate for taking care of points 2 through 6 could basically have been covered by the locked up and unregistered shares the Company paid them.

The shares that are not part of our float at this time.

The shares that were traded as payment for work that the Company then did not have to finance.

The shares that had Cognate not accepted that shares for work deal would have instead resulted in some terrible new financing arrangement to some horrible hedge fund for another horrendous deal (until of course, The Woodford came along).

If so, then it could be said that for now, we sorta didn't pay anything for all that extra good STUFF. :)
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