NorthWest Biotherapeutics Inc (NWBO): She could've raised wth a shareholder lo...

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learningcurve2020

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learningcurve2020

Re: jdheart101 post# 92006

Friday, 12/23/2016 4:26:06 PM

Friday, December 23, 2016 4:26:06 PM

She could've raised wth a shareholder loyalty program but that'd require actually pitching investors and maybe putting herself on the line.

The reverse split in itself isn't a terrible thing. It cleans up the books for a takeover, if one is in the works, and allows institutions easy investing access. The real issue is when they don't change the number of authorized shares. It's a license to turn "donor" cash into handsome salaries and bonuses for inept leadership.

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