Wednesday, May 17, 2017 12:57:13 PM
I would really appreciate it if you could answer my question on the following. In NWBO's FORM 10-Q | Quarterly Report of May 15 2017 NWBO states under point 2. Liquidity, Financial Condition and Management Plans "Because of recurring operating losses, net operating cash flow deficits, and an accumulated deficit, there is substantial doubt about the Company’s ability to continue as a going concern."
Signed Linda F. Powers
There is substantial doubt about the Company’s ability to continue...!
Why is no one here on Ihub, since May 15 because of this, drawing the conclusion that NWBO is warning for a very imminent chapter 11, BR here?
I mean isn't NWBO very clearly stating that they are not going to make it and are heading for BR?
What is going on? If so then why are the shares traded at 0,16 and not at lets say $ 0,03 or 2? Ps we all hope they stay afloat!
Thank you very much for answering.
Sander
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