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Re: chinatown1980 post# 59261

Tuesday, 04/19/2016 10:50:29 AM

Tuesday, April 19, 2016 10:50:29 AM

Post# of 699566
chinatown1980,

First of all, anyone who has read my posts for any length of time knows I call it as I see it. Secondly, both you austinmediainc and now others think that I might be working for NWBO. As I have told austinmediainc and others, I have no affiliation, directly or indirectly, with NWBO, it's management, affiliates, employees of same or relatives or friends of relatives of same to the best of my knowledge. The fact that both you and austinmediainc as well as others have asked me this makes me chuckle and think that this is what being balanced is all about.

As to your question about ownership, let me just say that warrants take money to convert to voting shares. Right now that is money that NWBO does not have that much of. My understanding is that they will make the money they do have stretch as far as they can unless any given situation creates a need to dilute again to maintain control of the company. Most construction contracts require at least 50% down and milestone payments on the way to completion. I assume this is the case here as well. If you have proof of something different please advise. Best wishes.
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