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sentiment_stocks

03/02/16 9:08 PM

#55789 RE: Poor Man - #55786

Thank you Poor Man.

I'll take those crumbs for now. :)
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austinmediainc

03/03/16 9:17 AM

#55825 RE: Poor Man - #55786

Presumably, NBWO wants the cash (but only at over $3 per share) and the purchaser considers this a worthwhile inducement. In fact, if this was not an inducement to the purchaser, then NWBO wouldn't offer the warrants, since they could enter into a capital raise later at the higher stock price.
If nobody thought this was possible within 60 days, there would be no reason to put these terms into the agreement.
What would be the point?

The point, proven by many examples of false timelines put forth by Management, would be to create the appearance that the stock price is going to move higher over the next 60 days. Therefore they keep us suckers around because heck if we can wait years what's another 60 days. They have become masterful at this technique. Continually creating the illusion that something is about to happen. When it doesn't happen, it is conveniently never mentioned again. Like magic it disappears!