NorthWest Biotherapeutics Inc (NWBO)

[Doktornolittle]

I will be surprised if the OS estimate that you make is not surpassed (nearly) 3 fold as per the next 10Q that should include the count of preferred shares forced to common since the last 10Q.

I hope I am wrong. I have a hard time understanding the regulatory docs and I'm not sure if the number of preferred shares involved was listed as the common share equivalent or not. If so, then the dilution would only be about 100M shares common, and your estimate would be right. But my guess is that there will show a 1B share dilution to 1.51B or something like that.

I am still very hopeful for DCVax-L and Direct both, with CI's if not without. (Particularly hopeful for Direct with CI's which I think could be the marriage of the century).