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Monday, 02/12/2024 3:14:16 PM

Monday, February 12, 2024 3:14:16 PM

Post# of 718853
Question for the board. I’m wondering if insiders that own shares can have their shares in a brokerage account and allow them to be lent out and then they get interest income on the shares that are lent out to hedge funds who most likely short the stock. Is that something insiders can do? Legally? Does anyone know?

I’m wondering if the insider sale by Navid Malik was supposedly was due to a tax liability. But yet he didn’t sell any shares prior to that that would’ve given him a text liability, so how could he have any tax liability? Perhaps something else, I don’t know, but he certainly didn’t get any tax liability from holding NWBO stock.

I got thinking that maybe he needed to sell them in order to pay the tax liability on the interest that he made from his broker loaning out his 24 million shares to the shorts, mathematically, it turns out that that is approximately the amount of money he would need to cover taxes.

Just wondering, because I found it odd that an insider would sell right before the drug is submitted for approval; kind of weird isn’t it?

Any thoughts on this or do you think it’s crazy?

I’m just trying to figure out if management truly is on our side or not.
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