NorthWest Biotherapeutics Inc (NWBO)

[Rkmatters]

Hi Bear Trap,

Thanks for pointing that out. I hadn’t thought about the reverse splits, it was before my 2013 shareholder entry! A quick internet search reveals this:

Northwest Biotherapeutics (NWBO) has 2 splits in our NWBO split history database. The first split for NWBO took place on June 28, 2007. This was a 1 for 15 reverse split, meaning for each 15 shares of NWBO owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 66.6666666666667 share position following the split. NWBO's second split took place on September 26, 2012. This was a 1 for 16 reverse split, meaning for each 16 shares of NWBO owned pre-split, the shareholder now owned 1 share. For example, a 66.6666666666667 share position pre-split, became a 4.16666666666667 share position following the split.

The price of LP's gifts were reported at $.00 cost:

950,000 shares from 2010 at 1 for 16 is 59,375 shares;
950,000 shares from 2012 at 1 for 16 is 59,375 shares;
and another gift in 12/2012 of 59,405 shares

In response to a post I did a quick search and copy from my iPhone notes of SEC statements and sent those to China to review. You will need to go through all those statements to verify at what price she may have picked up the shares before gifting. From memory, I don’t think LP lost any money on her individual reported stock sales. Some of those I believe are included in the links I sent over too. I’ve never analyzed Alton Boynton’s gifts. All I know is that there were many.

My point though to DoGood remains in tack. If the price of shares are down at issuance dates, she will get more shares. LP's insider position will not suffer the same dilution as retail shareholders do.

GL