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biosectinvestor

08/23/17 7:58 PM

#131138 RE: CDRD #131137

Thanks CDRD! Great info!
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exwannabe

08/23/17 8:05 PM

#131140 RE: CDRD #131137

At any rate, he [Les] volunteered that if I read the 10Q carefully I would see that they have cash for about 5 months at a burn rate of $1M a month (Les said they brought their burn rate down to $1M per month).


Good to have more solid evidence that Les is an absolute bald faced liar.

Nice to know he was cordial though.
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Sojourner55

08/23/17 10:52 PM

#131168 RE: CDRD #131137

Thanks CDRD. Les Goldman loaned the company $1.27mm (0.73mm repaid). Here is an insider and an employee together with the BOD who put up their own funds to support the company, Doesn't look like it's going BK despite all the speculation on the board today.
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flipper44

08/23/17 11:04 PM

#131170 RE: CDRD #131137

I hope you misinterpreted him, because otherwise it sounds like avoidance of straight forward questions by utilizing guilt, when in fact no one wants anyone else to die, they just want info on what specifically will trigger data lock. I hope your interpretation is mistaken and an 8k will clarify.
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Turtle65

08/23/17 11:54 PM

#131172 RE: CDRD #131137

Thx CDRD....... Don't know you, but I'm taking your word that you did have this conversation with Les. G.L
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BioAddict

08/24/17 8:04 AM

#131190 RE: CDRD #131137

Thanks for this update!

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dude409

08/24/17 9:00 AM

#131209 RE: CDRD #131137

CDRD- Thanks for your efforts "they are all living longer", the company is still operating. I expect good things ahead. GLTY!!!!!
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flipper44

08/24/17 10:18 AM

#131223 RE: CDRD #131137

I hope you misinterpreted him, because otherwise it sounds like NWBO avoidance of straight forward questions by utilizing guilt, when in fact no one wants anyone to die, they just want info on what specifically will trigger data lock. I hope your interpretation is mistaken and an 8k will clarify.