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exwannabe

01/04/26 10:29 AM

#806827 RE: seekinganswers #806824

I'm curious about the $37 Million swing.


About half was elimination of the NWBO A/R by some unknown means. Despite the assertion of QL, debt is not written off just because there is some risk. It is written of when either uncollectable or substantially worthless, which was not true. Another 4M or so was in investments loss of value (presumably mostly NWBO stock).

That still leaves something like $15M unexplained.

The bucket it all (other than stock loss) went to is "Administrative Expensive". I'm am curious also, but suspect what shell the peanut is under.