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Re: None

Tuesday, 01/09/2024 11:02:38 AM

Tuesday, January 09, 2024 11:02:38 AM

Post# of 688488
I am by no means an advocate for an R/S. That being said, there's definitely situations where such a move could be the right move. $MULN did one just before Christmas which was on the back of good news the same day and more good news a few days later. They did it to stay on Nasdaq, which is normally a death sentence. They are currently up around 70% since their R/S.

"IF" NWBO should choose to do so, I would hope it would be in conjunction with an approval and/or partnership deal and coordinated with an uplist at the time of the R/S. Without a simultaneous uplist AND approval and/or partnership agreement, this 'could' be ugly. Now, if they had a deal with a major exchange in place and great news, it seems like a no brainer. Once we get to a major exchange, we will see institutional buying if the approval or validation by a BP partnership happens simultaneously. We really need to be on a major exchange. We really need institutional ownership. Without both, we could linger on here even after approval in the $2ish range. As I said, I am not in favor of an R/S, unless it would be well coordinated with news and uplist. For now this doesn't seem to be on the table, so I will wait until we see some milestones realized before speculating about this again.
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