NorthWest Biotherapeutics Inc (NWBO)

[notbrad]

Apologies of this was already posted.
10-Q, page 18.

Demand Loans

On October 8, 2015, Leslie J. Goldman, an officer of the Company, loaned the Company $400,000 pursuant to a Demand Promissory Note (the “Goldman Note”). The Goldman Note bears interest at the rate of 8% per annum, and will be payable upon demand, with 7 days’ prior written notice by Mr. Goldman to the Company. The Goldman Note also bears 35% warrant coverage on the repayment amount if the Note is not repaid within 30 days of issuance.

Why would Les loan money if failure (and bankruptcy) was on the horizon?