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The Danish Dude

01/25/22 7:43 AM

#438309 RE: HappyLibrarian #438308

... and shareholder sentiment of protecting the share price over any period of time irrelevant to them as NWBO is being run

Learned the hard way from the experiences over time, NWBO knows they can not protect the share price in ANY WAY.

I don't believe that anyone here on this board are not aware of how much flak NWBO received from all sides, and how much time, effort and money it did cost a 16-18 man large company to deal with that. Bad news articles and not to say the fraudulant instigated lawsuits.

These experiences in consideration, NWBO finally went for QUIET after data lock.

No more s___ to hit the fan. Just quiet to get things done and no more opportunities to hack, scam or otherwise trying to get to NWBO.

Thank God!
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Poor Man -

01/25/22 11:36 AM

#438372 RE: HappyLibrarian #438308

In many respects thecompany has been run like a private company, w/ common/public shareholders just considered as a necessary evil.

The question I’ve wondered about was whether they ever actually considered taking the company private. There was a time that the stock price was so low that that may have been possible.

But going private may have required raising $150 to $200 million to purchase shares and fund the company until completion, on top of losing the payments from NWBO to Toucan. And it might have also meant that LP would lose control over management and governance of NWBO.

The bias of NWBO is toward secrecy and shareholder sentiment of protecting the share price over any period of time irrelevant to them as NWBO is being run, in some significant respects as if it had been taken private years ago.