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Re: JerryCampbell post# 347824

Friday, 01/15/2021 12:06:30 PM

Friday, January 15, 2021 12:06:30 PM

Post# of 701230
That was actually a very good deal for NWBO because at the time the warrants were issued the stock was trading at $0.21 So instead ( if they could find a buyer which is doubtful) they could have sold 25.7 million shares at $0.21 and paid her back. Accepting the warrants instead of cash showed strong believe in ultimate success by Ms Powers and likely instilled enough confidence by other investors that allowed the NWBO to stay in business. Now look at it from her view, no prudent finacial advisor would have suggested she do that because at the time NWBO was at extreme risk to go under and not only would those warrants be worthless she would also not likely receive payment of even one dollar on her $5.4 million loan from her funds.
Do something to greatly impact the world for the better and possibly gain wealth as a result. I can not do what she did so I will be content to ride her coattails to financial security.
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