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jtaylor042

01/02/25 3:49 PM

#741590 RE: manibiotech #741480

If that's true , then the 50M loan doesn't seem like a backup plan , it seems more like a primary way of survival till then


Okay. So? I means it's been operating by only teeth and pen light to date.
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exwannabe

01/02/25 5:20 PM

#741609 RE: manibiotech #741480

If that's true , then the 50M loan doesn't seem like a backup plan , it seems more like a primary way of survival till then


The $50M is definitely not a loan of any sort. It is a program where NWBO use them to sell stock into the public market.

The $5M (well, $4.2 received) is not really a loan. It is basically an advance for selling shares into the market over the next 6 months.

This is no different from what NWBO has been doing for 8 years. Continually selling shares into the market to stay afloat.