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OilPatch

01/15/21 11:52 AM

#347827 RE: JerryCampbell #347824

I see nothing wrong with that. Shares have gone from 17 cents to 2 bucks 50, back to a buck 30 ish - soon to be higher.

All good.

Barunuuk

01/15/21 11:57 AM

#347832 RE: JerryCampbell #347824

Yes, and at the time, they were valued at $0.15/sh, which is $2.28M, AND, she is unable to sell them until after the P3 results will be provided, meaning she is taking a chance that the results are positive or those warrants will be worth nothing.

jimmy667

01/15/21 12:06 PM

#347837 RE: JerryCampbell #347824

That was actually a very good deal for NWBO because at the time the warrants were issued the stock was trading at $0.21 So instead ( if they could find a buyer which is doubtful) they could have sold 25.7 million shares at $0.21 and paid her back. Accepting the warrants instead of cash showed strong believe in ultimate success by Ms Powers and likely instilled enough confidence by other investors that allowed the NWBO to stay in business. Now look at it from her view, no prudent finacial advisor would have suggested she do that because at the time NWBO was at extreme risk to go under and not only would those warrants be worthless she would also not likely receive payment of even one dollar on her $5.4 million loan from her funds.
Do something to greatly impact the world for the better and possibly gain wealth as a result. I can not do what she did so I will be content to ride her coattails to financial security.

Bright Boy

01/15/21 12:08 PM

#347838 RE: JerryCampbell #347824

So JC, you gotta reach back pretty far to be able to rehash old news that can be twisted!!! Let me ask you, in August, 2020 the share price was $.30 with a market cap of $240 million and 5 months later ,the SP is $1.31 with a market cap of $1.041 billion, so do you think the issuance of $4.3 million of warrants was worth the increase in SP and market cap??? Additionally, have you ever supported the company with a loan or participated in a financing?? If your answer is "No", then you need to shut the f... up!!!!!

akblack

01/15/21 12:36 PM

#347858 RE: JerryCampbell #347824

She & LL both deserve 1000x that much money!