NorthWest Biotherapeutics Inc (NWBO)

[Doc logic]

chinatown1980,

What NWBO did wrong was to trust in funding from Mr. Woodford too much. Les Goldman basically said this without saying it directly when talking about what they should have done in hindsight. Any move to secure financing independently of Mr. Woodford, though, would have caused a stir. Obviously they did not want to give Mr. Woodford too much leverage so an independent financing would have been the only way to go with a large financing as Mr. Woodford never brought on any significant independent and favorable sources of financing that he had mentioned. This brings us to where we are today. If the new investor is not Mr. Woodford and still is willing to do the financing without warrants as Mr. Woodford was, then hopefully we have a long on board who is willing to stay with the plan. If not, Linda Powers has made clear that the key components of the technology will not fall into the hands of others. Dr. Linda Liau's newest quest for an MBA may be part of the longer term plan to take her research and that of others to a new level as she mentioned a "glass ceiling" at UCLA. I can think of a place or 2 where her talents and patents might fit in perfectly in a few years and where the glass ceiling was already broken. Best wishes.