Hey beach... looks that way to me too. I am not the sharpest knife in the drawer, but the only things I can come up with is locating all the shareholders for either a buyout vote or fleshing out the actual shares and locating naked short shares by default... hopefully someone on the board with a little more savvy in this area will add their opinion. I would welcome an informed opinion on this.
If NWBO presents news that cause the stock to shoot up to 150%-300% in a single day who do you think would be buying and who would be selling. Now imagine for a moment that NWBO management thinks that a hostile takeover attempt might be made by assembling various buyers shares into one big pot. Would Linda want to know how much backing she has to work with at a vote like this one before releasing any slew of good news that might not move the price out of range of an active investor takeover attempt if being manipulated? When the warrants are excercised the percentage of control Linda has will change. The more shares any pursuer has before an offer is given increases their leverage and reduces the offer. Just something for longs to think about when considering the true long term value of their investment vs short term value of an undervalued leveraged buyout offer. Even $3/share is peanuts when considering Direct's potential but what analyst is going to know how to forward value it when they know folks have no clue about it's potential or how quickly L will be utilized in other cancer types depending on the status of FDA guidance and changes being implemented. Best wishes.
Agree. Even Computerserver Investor Center sent me email and phone message to log into My Profile once a while to make sure the State is not going to grab my Accredited Investor shares as abandoned. Also my friend who has 10000 shares got a call to vote. Agree this timing voting is different from the last one. Something big, could be B/O or partnership, in process, imo.
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