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anders2211

04/17/21 11:59 AM

#370164 RE: Nick119 #370159

well many posts have been dedicated to that as well. Last time the authorized shares were increased (by an extra ordinary share holders meeting) only the regular shareholders (so not the warrant/option holders) had a vote. I think its is legally possible to grant warrant holders/option holders a vote but for that to happen the regular shareholders need to vote to allow that so that is a dead end.

For the shelf to be increased the present shareholders have to agree with a 51% majority. Last time I think 65% voted yes.
If I had to guess there will be no vote for the increase of the authorized shelf but a buyer would buy off the option/warrant holders for the same price if they had exercised.

It sure looks like NWBO is not in need of any money any time soon, now why is that...