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Re: FeMike post# 696369

Wednesday, 06/05/2024 2:20:28 PM

Wednesday, June 05, 2024 2:20:28 PM

Post# of 711812

So again I'll ask, how is this 8 million any different from the other 40 million already sold this year?


I do not claim to know, but I could guess.

The SEC has various disclosure rules. And they are often open to interpretation. One such is for a specific agreement such as this. It must be disclosed if material. But what is material? Some bright lines are based on the size of the transaction.

I would have to search, but it is very possible NWBO never had a single transaction this large that was not disclosed. Most of their shares dribble out in small amounts that are not material.

The SEC does have a hard number requiring disclosure based on total shares since last disclosure, but I think NWBO is well under that.,

EDIT: Also, most of those 40M were either exchanges for debt or warrant/C/option conversions.
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