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Re: Poor Man - post# 569420

Tuesday, 02/21/2023 6:29:29 AM

Tuesday, February 21, 2023 6:29:29 AM

Post# of 702505
That doesn't mean they need the founder of the company in perpetuity as a full time employee after more than 2 years of working with them and there is no indication that what is left to finalize has to do with the equipment. More likely given the stories about sourcing, it is about inputs and other aspects for which his being required to be full time on the payroll is just not necessary. This was likely set out long ago between the company and him and I doubt very highly there is any indication that they cannot ask him questions or consult with him whenever they need. It's not what you suggest. He's not a "key man", there is no "key man" risk - it is a long ago settled acquisition and he put in a lot of time to ensure success and likely wants to get back to his teaching and research. I can't imagine that they do not have a continuing and very good relationship and that he holds considerable shares that very likely he expects to be very valuable in the future.

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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