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georgebailey

10/18/22 5:21 PM

#522917 RE: skitahoe #522911

Was there a time certain deadline for filing the S-3 ?
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Chiugray

10/18/22 9:58 PM

#523021 RE: skitahoe #522911

Gary,
My notes show Exec/officer/directors own:
- Pre equity partner, ie Excludes Pref Series C: 26% on a fully diluted basis
- Post equity partner, ie Includes Pref Series C: 24% on a fully diluted basis

Don't know about other investments.
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dennisdave

10/19/22 8:55 AM

#523094 RE: skitahoe #522911

Does anyone have a feel for how many shares are held by key people or investment organizations who've helped the company all along and will certainly vote with company recommendations. I don't know, but suspect that the number is so great that it would take something like 70 to 80% of the other investors voting against management proposals to have them defeated.



Im 90% sure NWBO needs a retailer vote to get a 51% YES from ALL common outstanding votes to increase the A/S. No large shareholders such as Bigger can help them. That's management disadvantage of years of selling to retailers and keep dilution, you create an uncontrollable voting beast..