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Re: flipper44 post# 212795

Monday, 02/04/2019 9:31:15 PM

Monday, February 04, 2019 9:31:15 PM

Post# of 824226
You are saying exactly the opposite of my point. You’re anxiety that you might have been wrong here has you attacking when you really have no idea what you’re talking about. My position has always generally been 1) NW is not a hero; 2) that if he wanted out he should have gotten out because of his fiduciary duty once the company became a penny stock. So long as he continued to hold, it was my view he had no intention to sell, but I have pointed out before that his interests as a money manager very likely meant, contrary to much of the spin on the board, that his interest was adverse to other shareholders and probably had more to do with one of his portfolio companies... I believe I have suggested before that he seemed interested rather in taking over the company and that LP had clearly stopped that dead in its tracks and that the very near simultaneous Phase V attack seemed coordinated to me.

That is a fact. That you seem to want to say that I said the opposite of what I have always said, is amusing, but again suggests that this argument has very little to do with me but with your anxiety about realizing that what you and some others have always said about NW was likely not true.

That you’re not understanding my legal points and points about money managers and funds suggests that you don’t understand what they do or what is in their interests when they invest and manage their investments... but then it also recalls the BlackRock argument, where you seemed to think BlackRock was going to take over and manage NWBO and the spin off contract manufacturer that was bought by management of that company...

I don’t really care that you have to think you’re right and make it personal. But the fact is, you do not understand the world of finance. Most people do not. It’s not unusual. There’s nothing bad about it, but it’s just patently obvious.

Chill out. You’re anger is making you say things that just make this more obvious... there are far more interesting and important things to debate than fake reasons related to NW’s investment. Whatever he has said was likely duplicitous and intended to misdirect third parties rather than to reveal his true motivations, including why he never sold... he has always known there is great potential value in that investment and taking that loss was not something he was willing to do, knowing what he knows... but not because he could not sell for a vague reason that forced his hand for years on end... that is simply not a thing...
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