RE:some of BM There is another factor in the drop in Novo shares over the past ten days or so. It is typical in the finance business that the minute you go to brokers and start talking about doing a placement, they promptly short the shares. For one thing, it lowers the price of the PP and they can replace the shorted shares in the PP and get zero risk warrants as part of the deal.
The price of Novo didn’t go down $.42 on April 14th because of any malfeasance or stupidity on the part of Novo. Quinton made a reasonable financial decision that is good for Novo shareholders. If anyone sold their shares in a panic I think they will soon see a change in attitude on their part. I wish there was no dilution of shares but I also don’t care. The substance of what I have been saying for almost a decade is still there.