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04/30/15 12:33 PM

#34077 RE: slappdaddy #34076

So Woodford bought the last train home at $7.40 and you think you will get in below $6?

I think you are dreaming.
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Smokey21

04/30/15 1:24 PM

#34082 RE: slappdaddy #34076

The restricted shares cannot be sold for 6 months, however, I believe they can be sold in the open market once they are registered. So, if they are registered within the 60 days of filing the registration statement with the SEC, I would imagine they could be sold at that point. Still, that is at least 2 months out from today.

Regarding dilution, I am concerned about any dilution (BTW, $.001 par value is irrelevant), but that is the price all companies pay as they take on additional financing to achieve their goals of bringing a product to market. It just means the upside is diminished a bit more, but the likelihood of increasing overall value is increased as the company gets closer to commercialization.

Good luck on seeing $6.00. I don't think that will happen anytime soon. NWBO is holding up pretty well today given what is happening to others in the segment (JUNO, KITE, ZIOP, ADRO, etc.).