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06/13/17 6:18 PM

#122033 RE: hankmanhub #122003

Well Sabby would certainly be considered institutional.

I would think Sabby insisted on the clause and not NWBO as I can't see why Linda would put a knife to her own throat and hold it there. So it seems pretty likely that Sabby wanted it in there.

Would they waive it?
I really don't know.
I suppose so... with the correct legal documents to accompany it.
I guess anything's possible with all the shenanigans the hoodlums looking to do NWBO in have pulled to this point.

Either way... if they are working on some sort of toxic funding in exchange for shares,
they CAN't do it until June 30 - and that's WAY LATE to pay the White Box notes.

So any of you thinking that is what's waiting for you next week... you may want to consider the 4.13 section in the last securities exchange agreement.

Frankly, I'm surprised that the usual entourage of those not invested didn't think to bring this up while everyone has been panicking about the supposed next toxic funding...

that apparently can't even be done.