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Re: Dan88 post# 422693

Tuesday, 11/30/2021 12:55:42 PM

Tuesday, November 30, 2021 12:55:42 PM

Post# of 702458

On the one hand, obviously it seems John wants to be a big shareholder of NWBio


Really?

If he wanted in because he expected the stock PPS to rise he would not buy shares or take a loan with a conversion based of today's price. Instead, he has an option that would allow him to buy at a discount to post the TLD price.

Do you really think wanting a deal that would be 12% off after TLD is better than a deal before TLD if he expects good news?

The exchange rights are just a way to skim a bit more shares on a post news flip. He can short just prior to a placement and have a locked in profit. Works on good or bad news.
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