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Thursday, May 14, 2020 11:30:41 PM
We agree that at least for now, value received by NWBO for extension of LP/other warrants is contingent. Suppose that for some reason, TLD is not announced during the 6 month restrictive period or the results are seen as ho-hum by the market with essentially insignificant effect upon the SP, the value of the restriction would then certainly not be commensurate with the value in extending the warrants for essentially three years if not zero. NWBO and derivatively other shareholders will not have received fair value, if any, in exchange.
Should LP and her fellow investors warrants be expired if such is the case or be otherwise required to pay cash value like other investors did on April 2, 2020 and in addition pay a penalty assessment for "late" payment?
I, personally, would urge warrant expiration..LP, et al, made a bet and lost. They should lose their warrants. Fair enough?
Recent NWBO News
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- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 05/22/2024 08:13:36 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 09:04:57 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 03/01/2024 10:04:38 PM
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