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Re: skitahoe post# 488444

Monday, 06/20/2022 2:32:25 PM

Monday, June 20, 2022 2:32:25 PM

Post# of 693930
Gary, if they’re forming a spin-off of sorts, that would explain any lack of movement in terms of staffing or governance, which is what’s thrown me off for a year. Forming a new company means new management, staffing, directors and addressing various resource related matters.

Might also be a reason for why there’s so much attention devoted to Advent, but very little information or progress on the CRL/Cognate contract.

But none of that would be public information or otherwise announced since it’s not happening at NWBO. Moreover, this might explain adding a second listing advisor for guidance since the newco would likely become a public company,

Another problem this would solve, by selling or dissolving NWBO, that gets rid of a company with serious reputational problems. Better to start over again.

If this is the direction where everything is headed, it’s an awfully complicated transaction.
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