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manibiotech

04/12/24 8:16 AM

#684754 RE: TheFollower #684753

Well they have been bought from company not in open market . So company got the money
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Zadie420

04/12/24 8:21 AM

#684756 RE: TheFollower #684753

Yep. MMs know this and they keep put pressure on PPS. People think if we were in NAZ the story would be different. No, it won't. Until NWBO shows some kind of revenue they keep put the pressure on PPS and Investors keep bitching about Manipulation and etc....

This month (April) they have issued close to 6 mil shares. I do not wanna go to details before I explode on the mgt.
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Hspooner

04/12/24 8:31 AM

#684760 RE: TheFollower #684753

The reason for the share increase is due to exercising of warrants and options, it makes sense that investors are converting at such low prices, because any difference in price is a taxable event. Contrary to popular belief by the negative posters on this board investors aren’t selling they are converting!
https://www.empower.com/the-currency/money/stock-warrants#:~:text=Taxes%20on%20stock%20warrants&text=For%20example%2C%20if%20a%20stock,rather%20than%20a%20capital%20gain.
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Smokey21

04/12/24 8:32 AM

#684761 RE: TheFollower #684753

As I mentioned the other day, most, if not all of these shares are probably warrant purchases. If someone has warrants that are due to expire, likely they are exercising. Or it could be friendlies who are just providing cash to the company by exercising their warrants. Some may be selling, but most are probably holding the shares waiting for a good squeeze.