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akika

06/13/17 9:29 PM

#122105 RE: Omayr #122104

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?

DownWithPumpers

06/13/17 9:39 PM

#122107 RE: Omayr #122104

There's two paths a company can go on.

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.

BioInfo

06/14/17 12:00 AM

#122143 RE: Omayr #122104

Vermillion went BK, then fda approval came and it went to over $10.

Chapter 11 is all BS talk. It will take a split second for it to launch to moon burning all shorts here once top line results are out.