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Re: biosectinvestor post# 118045

Wednesday, 05/17/2017 8:03:41 PM

Wednesday, May 17, 2017 8:03:41 PM

Post# of 822598
Ahistoricity is worse than innumeracy. NWBO uplisted before and in the long run it made things far worse.

If NWBO leadership behaves like they are running a penny stock then potential investors will correctly continue to value and treat them accordingly, whether or not they are listed on a major exchange.

Unless NWBO is willing to clearly admit their mistakes and then concretely and consistently make real reforms to their corporate governance and business model to better protect shareholder value, there is no point in enduring an reverse split to earn an advantage (being on the NASDAQ) which we all saw them squander in slow motion even as many of us begged them to stop.

NWBO needs to increase its share price legitimately (as Les Goldman once suppposedly said they would do) and not via cheap and unsustainable mathematical tricks.
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