InvestorsHub Logo
Followers 31
Posts 5802
Boards Moderated 0
Alias Born 04/20/2010

Re: Truthfan post# 60485

Tuesday, 05/03/2016 3:33:31 PM

Tuesday, May 03, 2016 3:33:31 PM

Post# of 701747
You do understand the SEC issue, despite being buried way down in the pumpy PR is way more negative than the conceptual agreement with "parties" is positive, right? I think NWBO may still have a conceptual agreement with HE cause nothing's happened with that in two years.

Through 2014 and 2015 NWBO was illegally issuing shares totally > 20% to Cognate without BOD vote. That's greater than because that's the definition of the violation. Could be well over 20%.

So let's say they have to remove these issued shares and revote. Perhaps Woodford now has a majority of shares if you take away Cognates > 20%.

Then he votes for his BOD choice and continues with his investigation and ALL the books are opened!

LP has a month to submit the remediation. Don't expect anything else to happen before then. And IF their plan is accepted they have 6 months to comply. I'm sure LP will find a way to delay moving forward with the P3 because of this delay.

But hey, 6 months is only $250K salary for her and $175K for Les. Train keep a rolling!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News