News Focus
News Focus
icon url

skitahoe

09/03/23 6:00 PM

#628018 RE: QL300 #628008

I wonder if Robin Hood will take OTC orders on the phone, but not on line. If not, I'd either move my account, or part of it, to someone like Fidelity. They have no charges for OTC transactions and it costs nothing to get an account.

Remember NWBO's not a Pink, though I believe Fidelity permits those as well, the OTC is a step above that. At $1 they probably could move on to the AMEX, but I don't believe they want it, though it's a step above the OTC.

If they reach the $5 area I believe they'll go for the NYSE. They were on the Nasdaq before and while they probably could get back on at $2, LP I understand wants the NYSE and no telling, when we hit $2 we might make $5 shortly after that, it all depends on the news that gets us there.

I frankly don't believe that LP would take on an equity partnership with a BP for over 1% of the company for under $10 a share. Any such announcement would almost immediately take our share price to near what a BP was willing to pay, and the BP's know it. They might get some flack from their shareholders if they paid $10 when we were $2 or less, but as the story of what the company has going came out, the shareholders would be satisfied if they bought a far bigger position for far more.

I certainly don't know that this will happen, but believe our story is compelling and if the BP's validate it with a partnership, our market cap ought to be in double digit billions.

Gary