InvestorsHub Logo
icon url

maverick_1

08/25/16 1:46 AM

#71074 RE: PacificNW #71070

Question were all the previous funding requests also not toxic and I got that wrong too, if so I need to know and hope that you set me and possibly others straight

"Toxic" is a relative term. When there are warrants attached that is the first sign of being toxic. It gets WORSE when the share price continues to erode due to first and foremost NWBO SILENCE when as some have only recently conveyed: (doing single press releases effectively resolves little with bloggers like AF+ based on numerous experiences over the yearS). So sadly, 95% is divulged thru SEC filings. Without news, especially on the biotech front it becomes UNNERVING! I've been of the opinion since even before Nov. 2015 this post which apparently NWBO may be deploying and confirmed by some posters that have spoken to Les Goldman: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118485953 to accumulate as much weighty battery ramming to effective destroy once and for all!. Obviously with Woodford's hands being tied up with his NDA; the damaged shareholder base with lots of realized losses especially on the options front like also in 2014!; and utter retail shareholder frustration continues to take it's toll where those two previous financings of SIZE required the RE-Adjustment to those warrants that market conditions warranted. So YES NWBO had NO RECOURSE with the "unbundling of Woodford to finance next one" and was left to deal with a NEW playbook on the critical financing side for a deep in Ph 3 biotech and facing poor market conditions for raising biotech funds anyway since the peak was Summer 2015: just look at the biotech sector in the bombed out 1Q 2016 XBI index! Obviously a draconian difference to Woodford's financings with little discount and NO Warrants.

GLTU & ALL Longs!