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Re: exwannabe post# 539922

Monday, 11/28/2022 1:24:14 PM

Monday, November 28, 2022 1:24:14 PM

Post# of 703671
I learned a long time ago that those who pretend not to understand entrepreneurship 101, and claim everything that sustains the venture is a fraud, are weak advisors and put forth poor advice.

Basic business 101, to grow, you need shares to be able to use at this stage, to do deals, to pay the bills and to keep the venture going. A company probably won’t use all of them in most cases, once they have revenue, but that all needs to start before they have no more need. Having authorization to continue to exist is part of the norm. But authorization of itself is not “dilution”. Shares need to be issued.

This idea and vote continues the venture, and makes it stronger. Of course there are people who do not want it to succeed.

I own NWBO. My posts on iHub are always posted expressly as just my humble opinion (IMHO) and none are advice, just my opinion. I am NOT a financial advisor, and it is assumed that everyone is responsible for their own due diligence.

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