InvestorsHub Logo
Followers 0
Posts 623
Boards Moderated 1
Alias Born 04/03/2007

Re: purrfectcalm06 post# 5776

Tuesday, 07/10/2007 10:46:06 PM

Tuesday, July 10, 2007 10:46:06 PM

Post# of 8740
I don't necessarily think NVB walks away....I think he stays...albeit in a lesser role.

If NVB has a power hitter in the wings he really is STUPID for handling things in the manner he did...NVB has played games with the previous trust that held the original debt....BIO-LLC took a more ACTIVE role out of the gate IMO...the key IMO lies in the amendment......NVB went from keeping ZERO of his common shares to KEEPING 5.5 MILLION common shares....he now must FUND the company until the drop dead date in August and then cough up roughly $8-10 MIllion to buy out BIO-LLC.....NVB's funding of the company is at the discretion of BIO-LLC...the heavy hitters in this behind the scenes struggle are Brown,Lerner,McLinden and Slaven...IMO of course.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.