Replies to post #94 on NewGen BioPharma Corp. (NEWG)

[Big Brother]

The 2M in private placements and warrants @ $1 will be restricted securities, those do not concern me in the slightest.

In fact private placements are the right the way to go, most OTC companies issue toxic convertible promissory notes, to raise capital, because they can't find anyone to do private placements, it's too risky for the investors.

[Big Brother]

The filed merge 10-Q says: the company will sell 2000 000 units of shares at $1.00. Not sure this uptrend will last ??? days?

As far as how long the 'uptrend' will last, I have no idea. What I do know is cannabis biotechs are EXTREMELY HOT right now after what happened with Axim Biotechnologies Inc. (AXIM) which went from .20 to $20 in a matter of weeks.

AXIM turned early investors into millionaires. IMO, from a DD standpoint NEWG looks much better than AXIM in every way. Doesn't mean NEWG is going to run to $20 but I feel when the public finds out about NEWG that it's going much higher than $1.50.