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Dr Bala

11/04/20 9:24 PM

#326413 RE: Maverick0408 #326410

Great post, Mav.

Poor Man -

11/04/20 9:45 PM

#326418 RE: Maverick0408 #326410

Interesting question. Not sure it makes a difference in terms of process. But since a buyout will require a vote of the shareholders, does she want to ensure those warrants remain in the hands of investors she considers friendly? The warrants would need to convert to shares for eligibility to vote, so could they be targeting mid December for a buyout?


“Another thing to consider - does buyouts go smoother if they suspend warrant for a few days/weeks if they are unsure on what day they might announce & complete the transaction?“

iwasadiver

11/04/20 9:46 PM

#326419 RE: Maverick0408 #326410

Correct Maverick, good post

kabunushi

11/05/20 2:33 AM

#326476 RE: Maverick0408 #326410

“Another thing to consider - does buyouts go smoother if they suspend warrant for a few days/weeks if they are unsure on what day they might announce & complete the transaction?“

Mav, I have no experience hence no way to add a lot to this discussion wrt the mechanics of a partnership or buyout deal itself. But it makes huge sense that any negotiation which is done in advance of TLD announcement will reference expected market cap after the TLD and before the deal is announced. There it can only add to price stability NOT to have a lot of warrants come into the market either directly or used as security against sell the stock short.

I think there is an intrinsic value to achieving the best 'steady state' market cap once the dust settles from volatile trading on TLD, so maybe it's best for the stock, in any case, to have the warrants locked up for at least a week after TLD is announced. But certainly, more rather than less price stability in the shares is all the more important if there is any deal being held warm on the back burner until TLD is public.

Whether or not NWBO management is correct in claiming that there is now a large hidden short position, they have talked about that a lot and I could easily believe that 'screw any shorts' would also motivate these guys.

Doc logic

11/05/20 7:42 PM

#326938 RE: Maverick0408 #326410

Maverick0408,

Your observations are very good ones. I have been convinced for quite some time that NWBO has been sitting on good news turned into bad for over 5 years and we are finally about to witness how that good news plays out. Thanks for your contribution here. Best wishes.