NorthWest Biotherapeutics Inc (NWBO)

[anders2211]

I have said my goodbye to NWBO shares already some time ago now and Im happy I did.

I calculated 1 billion shares diluted too so that checks out.

There is something that has been puzzling me. Now why would NWBO want to raise 12 million 1 month ago and 12 million again today if they only burn 1,5 million per month (and have a deal with Cognate/Advant to only per patient from here on!!). Lets do a calculation here 24 million raised (if the present share offering succeeds) -/- 5 million debt to Cognate given the last 10Q = 19 million divided by 1,5 million burning rate p/m is at least 1 more year until topline and or new dilution.

The audacity to ask for more money with present shareholders with zero info and update and having just gone from dilution from 450 million shares 1,5 years ago to now 1 billion, is staggering. IMO

Go figure.

Good luck to you all you are going to need it