They already have loans paying off loans. At one point everyone here and Lappin thought those were bridge loans for something wonderful about to happen, but turned out not so. Instead just more breadcrumbs but with real consequences should they ever default.
This latest deal has nothing to do with analyst coverage so give it a break. Yeah, this $3.5 is gonna get LP out of her cocoon. Sure. Eye rolls.
>>I would bet they could have procured a loan for that much. Instead this company took equity. The added benefit is they do actual analysis for the markets. It benefits NWBO to start getting coverage. With this act we may start to finally see participation at investment conferences. Wouldn’t that be a change?
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