FeMike
22 minutes ago
DRHigh, ask yourself this question: Would NWBO really tell Mike publicly they are considering a R/S?
I literally not once said this. I said that when I told DI they needed to increase the AS or execute a reverse split soon, his response was that "A reverse split isn't necessarily a bad thing - and I'm not saying we are doing one, but...(goes on to list another company that increased in value following an RS, says they could uplist if they RS'd, etc...)"
He absolutely did not explicitly tell me they are considering a reverse split.
Jesus you people are manipulative.
My comment was R/S was had not been discussed to investors so its off the table at this point in time. Will the always be the case? I have no idea but can say 100% it is not being discussed at this juncture.
Wow, what an absolute backpedal. So, after stating you talked to the company and can 100% confirm that an RS is off the table, you now change your story to the company told you they hadn't discussed a reverse split with investors yet, so it must be off the table. Wow. What a sneaky little story alteration..
I have no idea but can say 100% it is not being discussed at this juncture.
No, you can 100% say it is not being discussed with investors at this juncture. Not that it isn't being discussed internally.
You people and your half truths.
I think it's very safe to say if I call DI right now and say an investor is online posting that you said a reverse split is not on the table, and I ask Dave if he told this investor a reverse split is not being considered he would say "no, absolutely not, I did not say that".
exwannabe
26 minutes ago
How about a shelf raise?
I think you mean a raise of the authorized share limit, different from the shelf number.
The AS will be raised within about a year., It is very hard to know when here as their ASM is random, and they run the potentially owed shared way past the AS (legal, but dubious). This is the only real vote they need, and the only reason for them to keep calling for votes.
The shelf expires this year anyway and will be replaced with a new one this fall. That is just SEC paperwork (and a modest fee).
FeMike
35 minutes ago
Mike, you know that is a flat out lie that they told you that.
Literally a direct quote buddy.
Ask Dave the next time you chat with him if you don't believe me. We don't get along too well, but he's usually pretty honest about that stuff.
You are flat out lying that they told you a reverse split is off the table.
So there we go. See how easy that is?
And DrHigh - yes, what I quoted in my post is (semantics aside) word for word how our conversation went.
I told him an RS would effectively wipe out existing shareholders; he went on to try to give me examples of other companies that have executed reverse splits and benefited from it (I can't recall the one company he was particularly excited about), and that it is a strategic move that could allow them to uplist, etc.
But you know, not a blind pump, so I guess I must be lying and I was sleeping when we had that conversation.
ilovetech
36 minutes ago
2B_unkown - No, the intent is more pernicious than that. MM's believe in case of a bankruptcy, that their MASSIVE, I mean MASSIVE SHORT will never have to be revealed. The videos prove how easy it's always been to naked short small caps, and biotechs being among the most targeted. The OTC is particularly the most advantageous to avoid accountability.
A baby could see it. If the idea is to get people fearful of losing their money, that ship sailed, because selling at these levels is doing exactly that.
The frantic grade school FUD has reached delirium levels @$.19. It's pretty pathetic, when all you have is SOAP OPERA to peddle, while longs just care about an approval.
The price action and ensuing chorus to match is indicative of a MASSIVE SHORT
When a Judge agrees that MM's have targeted NWBO with spoofing, as it's easier to prove for starters, and you have grade school responses, like, "I accept that there's some spoofing, but that doesn't negate all the diluting, because a competent CEO would release some PR's like Cel-Sci's CEO does…” Wait, so MM’s have made naked shorting a vital aspect of their business model for how long? 20 plus years, and we're to assume, that a CEO, who's occupied with getting a damn approval is better off releasing breadcrumbs to satisfy delusion. Sorry, but “all men are not created equal.” At least not in this reality.
This must explain the continuous downward pressure to lower the PPS to get retail to sell their shares on the cheap.
FeMike
46 minutes ago
Mike, R/S is off the table from all the recent conversations I have had with management.
They literally told me the exact opposite, so I think it's safe to say we can't really trust anything management has said on the subject, and should instead trust our own diligence. Which shows a stock price crashing to all time lows (potentially single digit pennies soon), endless dilution with no more AS runway, and huge cash needs coming up.
An RS is not only on the table, it is extremely likely by the end of the year.
So I can squash that rumor.
No, no you can't. Rumor 100% not squashed in the slightest. Again, my very recent discussion with management on the subject:
Me: "You are going to have to either increase the authorized count or do a reverse split very soon"
Them: "Would a reverse split really be that bad? I'm not saying we're doing one, but if we did...."
That doesn't seem like a reverse split is off the table.