NorthWest Biotherapeutics Inc (NWBO)

[sbarn]

For insight, read the declarations filed in support Chardan's motion for judgment. The following is a portion of the declaration of Chardan's Director of Investment Banking.

14. On March 28, 2017, after NWBO had unexpectedly awarded the placement to
another agent at the eleventh hour, Les Goldman, the Senior Vice President of Business Development at NWBO, admitted via email that "[y]ou will get paid every cent you are owed, even if I have to write the checks from my own pocket. For the moment, the Company cannot write a single check for that amount. I am going to start sending you all something every couple weeks until you get it all, and then add some interest if it takes too long. That conunitment is as solid as we are stupid." A copy of our email exchange is annexed hereto as Exhibit H.
15. NWBO thereafter plainly acknowledged its liability by starting to pay Chardan and compensating it $50,000. However, this leaves a shortfall of $446,000 owed by NWBO to
Chard an.