NorthWest Biotherapeutics Inc (NWBO)

[beachhyena]

So is the rumor true that LP is trying to raise $30m at 17/23 1:1 warrants. If true then we are in for a long cycle of toxic financing and the stock stagnating at 17c. This type of raise would indicate that they are taking advantage of shareholders once again as they now have an endless supply of shares to sell to any willing player while they kick the can endlessly down the road.
What we should all be asking is who exactly is on this new SAB that now has the power to extend this companies trial for as long as they want. It seems that 3 years survival data is not considered important enough to unblind and the company has now decided to wait for as many patients to event. This just seems pointless and this only serves the interests of BP's who are all now trying to catchup with DC vaccines.
Maybe I am dead wrong but the silence from the BOD does not help anyone and only drive's the SP lower as it only confirms that the information they would need to share is not positive at all when it comes to important decisions like unblinding.
It also sounds like LP and LG were hoping for a large gain after their dog and pony so they could raise at higher levels so they are now forced to trade millions at ridiculous prices that only hurt current investors.
All IMO. hope I am wrong.