Tuesday, May 03, 2016 9:41:20 AM
Linda has been graceful enough and kind enough to short hedge funds, and eventually these bastards are going to return her favor. From today's sec filing:
"3-May-2016
Material Modification to Rights of Security Holders
Item 3.03. Material Modification to Rights of Security Holders.
On May 2, 2016, Northwest Biotherapeutics, Inc. (the "Company") and holders of the Company's Series B Warrants agreed to extend the exercise period of the Series B Warrants an additional twenty-one (21) days from May 2, 2016 to May 23, 2016. Also on May 2, 2016, the Company filed a Prospectus Supplement Amendment for the sole purpose of disclosing this extension of the exercise period of the Series B Warrants. The Prospectus Supplement Amendment does not provide for any new sale of securities of the Company.
The Series B Warrants were originally purchased by certain institutional investors (the "Purchasers") as part of a registered direct offering (the "Offering") that closed on March 3, 2016, and are described in the Prospectus Supplement and Current Report on Form 8-K, both filed by the Company on March 3, 2016. The currently outstanding Series B Warrants are exercisable for the purchase of 5,882,353 shares of the Company's common stock, par value $0.001 per share (the "Common Stock") at an exercise price of $3.00 per share."
Although I am determined to see these bastards get burned as badly as possible, Linda is the one in the rein.
She has saved the shorts! If shorts have nothing to return her favor, she will be the dumbest CEO I have ever known.
It is a process, and any process takes time!
[this indeed is my last post for today.]
Recent NWBO News
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