NorthWest Biotherapeutics Inc (NWBO)

[chinatown1980]

How many times did we hear, "they are doing what they can to minimize dilution at unfavorable terms and only raising the minimum amount necessary to get to the finish line"? Everyone would have been fine with them paying Cognate in full when funds could be raised on better terms after good news. It would have been far less damaging to existing shareholders. The stock transfer wasn't immediately necessary to address cash flow needs of Cognate for things like "paying their employees" or "keeping the lights on" like has been suggested. So why must it happen now rather than under the premise that we were all led to believe was going to be the case which was at better terms and a much higher valuation? She timed this perfectly to maximize the benefit to herself and her employees/friends.

It's funny that all we hear about the last few days is a comparison to the alternative of paying these AP by raising funds right now at current market terms. The option of simply releasing good news first and then raising funds (like what many of us hoped was the case) has somehow been forgotten. The best option for shareholders has been replaced by "let's pay off all debt at the lowest possible share prices prior to unblinding the trial" which is absolutely the worst possible scenario for shareholders, the best scenario for Linda, and the best possible scenario for anyone short the stock.

It's easy to understand why certain people would be happy to openly support this action of the company. What I don't understand is why any retail long would be completely blind to these clear motives and actions that are hugely detrimental to all of us. Wake up! This is a big deal!