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CogDiss 1188X

02/05/19 10:39 AM

#212922 RE: biosectinvestor #212660

I suspect that the volume of trading, which was huge, would not have been as great and the initial moves not as explosive, and if it had remained as such, the buyer might have gotten a better price from shareholders... Fortunately, that was not the case.



The more muted response makes sense, as well as the potentially lower BO price.

This company has a much higher potential market cap, upon success, than CPXX, so it’s just difficult to predict.



Agree it’s not a direct comparison but appreciate your thoughts on the possibilities. I’m hoping NWBO finds a way to realize the potential value in the technology across multiple solid tumors. Unfortunately that will take a lot of time, money and resources they don’t have. I could see how they eventually get there but it seems like a long process that keeps the treatment from patients with other tumor types for too long.

I’m not fan of BP and trust them as far as I can throw them but ultimately it seems a deal with the devil is necessary. LP had said they only have money to offer but that seems to be a little shortsighted. They have sales infrastructure, contacts in the hospitals, with doctors, in the FDA and Congress, etc. Life will be completely different if BP is working with you (and IMO, not against you).

Doc logic

02/13/19 11:39 PM

#214461 RE: biosectinvestor #212660

biosectinvestor,

I have an idea that the vote tells us roughly how many loose shares there are now. This does not mean that every one of these belongs to traders, those looking to take the first offer of valuation or do harm but I figure around 45,000,000. Once warrant conversions get added in, depending on who holds them, maybe add in another 100,000,000 after they convert. There are currently about 4,500 shareholders and at $1.00/share (~300% open DNDN) NWBO, current shareholders or other friendlies would need to come up with $45,000,000 to swallow those shares right away instead of sell. This would force demand to be covered by increasing price (gap up) until warrants converted to shares can reach the market. If Cognate financiers, friends of Toucan and others are waiting in the wings when news hits, strong longs could have a very interesting next day after trading is halted.

For those not aware, trading was halted when NWBO did a reverse spilt and then uplisted onto NASDAQ. Certain shares were traded for $10 that day or about 300% of reverse split value. The temptation to use shares typically not supposed to be accessed will be strong. I expect Les's mention of a trap will revolve around this type of scenario with blockchain tracking and or other measures perhaps put into play. Best wishes.