thank you all, I don't get this. Is the medication like a potential blockbuster, why did they ever let it get to this penny land. I just don't understand MGMT at times. How is it possible?
1. The scenario you're discussing. Bankruptcy. Shares become worthless. Brand new shares are listed in essentially a new company, and previous stockholders are left with nothing.
2. Sell shares to pay debt.
I'm not sure exactly how companies decide what path to go on, but NWBO isn't on Path #1. They're on path #2, and have been for a long time.