NorthWest Biotherapeutics Inc (NWBO)

[Virgilio]

I just think that 15% on top of the recent large grants is pretty outrageous

We agree on this. 67.5M is IMO a whole lot, considering the ROI that investors had in the recent years.

Besides all, the Cognate work-in-progress deal, the proposed stock incentive plan, and the work-in-progress deal for the remaining preferred shares, will IMO bring the need for authorized shares in a range from 1B to 1.2B. Given the huge number, I see a R/S as inevitable. And this is not a negative opinion, is just common sense.

The only good thing is that I do believe that both Cognate and the new proposed investor will not exercise their preferred shares for some time, thus at least that should not play in favor of shorts, as those shares won't be issued untill they decide to exercise them.

If my numbers are correct, if the value will ever reach 1B, that would translate to a mere share price of around 0.8 to 1$, a very low price compared to what long term investors expected.

The co. will probably survive, but IMO long term investors definitely lost big and IMO will never recoup.