I’ll give a shot then. What do you think the
Post# of 148190
What do you think the chance of your fears:
BLA is never submitted? Less than 1%, again with NP, as long as ther is life in him, he would write it himself if need be.
BLA is delayed by 6 months? Less than 10%, fda is a wildcard, just my gut here. I don’t think so, but you never know with them, so 10%.
Large preferred raise that wipes out common? With NP as CEO, less than 1%. I don’t think he would go for it knowing it would wipe out common. I suspect he would raise the A/S again or R/S in that situation, as all otc companies do. Keep in mind NWBO is up to 600M O/S, around our sp, and not as close to approval. Being that close it’s hard for me seeing this drop below say 20s. So that gives them options, even bad ones is something.
My point though, if I thought say the BLA is never submitted is at say 30%, then at that point it is just gambling and I wouldn’t be here. But to your point, I agree (I was very curious to see where you were though, which is why I asked), each person needs to decide as you say, do your own DD, come up with your own numbers on risk vs reward, because at the end, if this does go south, it is your money that will be lost.