NorthWest Biotherapeutics Inc (NWBO)

[HappyLibrarian]

Restricting the offering to accredited investors is not exactly egalitarian. I get why they have to but you're not talking about rank and file investors you're talking : outsider rich people vs insider rich people.

That is not really egalitarian in but a sense so relative that it makes a mockery of the term.

The only way to serve the interest of all shareholders equally would be for NWBO to set forth real milestones and commit to meeting them so that the share price could appreciate naturally and help make the dilution less painful and show good faith up front that might make them willing to throw their "widows mite" into averaging down.

Pairing this announcement with some truly tangible news that would let investors read between the lines on other matters in a non-self-delusional way would also have helped, even if it was not as good as finally setting down immovable milestones.

Ordinary white collar and blue collar working investors are unlikely to ever even reach accredited investor status by conventional investing unless it is at the end of the their careers, in which case, buying a product like that offered is unsuitable.