“I am at a loss though why any interested company hasn't provided additional funds to nwbo to continue to operate or if there is a limit of shares allowed on the market before B/O?”
— the better question to ask is why has LP been diluting in .20s over the last several months, if a deal post approval was pretty much inked (whether that be a partnership (licensing with upfront cash) or a buyout offer). She would be able to negotiate from a position of strength. As a fund, I would want in on a 5 to 10X return in less than an year. Who wouldn’t? More importantly, she would have initiated a loan rather than diluting $17M+ shares at .22 just a week or two ago, if a big cash windfall was coming in the next few months. Tells you everything you need to know.
If you don’t live in denial, it becomes evident that LP has nothing meaningful up her sleeve. That’s why there is no support from the market because everyone expects LP to continue to dilute endlessly for years to come with share price dropping to all low time lows and continue making new all time lows moving forward. The only thing that won’t stop is excuses and kicking of can. Thats been the consistent pattern for the last 15 years!
Expect a request to raise the authorized share count in the coming months.
By the way, what happened to that $50M financing arrangement. Did they exhaust it in the first half of this year?
Market Data 
Markets 
AI
