Insolvent? Bankruptcy? How ridiculous you can be! If LP stops the application today, NWBO still worth billions of dollars at minimum
While I kinda agree with you, if the MAA were rejected today current shareholders would absolutely be wiped out.
I do agree that the company would be fine. They would have to execute an RS and would effectively be YEARS from positive returns for new investors, but I think there is still a very strong chance the company would be a success. But current shares would never recover their value after what would have to be a likely 100-200:1 RS. We have a lot riding on the MAA.