NorthWest Biotherapeutics Inc (NWBO)

[CogDiss 1188X]

Tryn, I’ve thought about your question a couple of different ways and have come to find it somewhat fascinating — what can I say, I’m easily entertained.

However, in the end, it’s such a hypothetical question with so much uncertainty built into it (if I try to tie it back to reality as I understand it) that I find the exercise to be pointless in terms of an actual answer like $X billion. I guess that’s a reflection of my personality — others might be content with a seemingly solid number made of I don’t know what, since I couldn’t come up with anything.

Sorry, I actually tried.

In any case, for me the key factor is DCVax-L phase 3 trial results and approval. If that goes well, I will be sitting on the proverbial beach and will have more time and data to work with to figure out how much extra cash Direct is going to bring into the coffers. Until then, I am content not to count my chickens until they are hatched.


Regarding the fanciful but much to be desired 30 Trillion dollar valuation. You said:

I never said ANYTHING about a trillion dollar amount. That was Marzan.

Absolutely true. What you did say during the flurry of trillions and coffee orders was:

people can scoff all they want but if DCVax-D is approved l believe this stock is closer to $50 a share than $16 a share...

If you remember, I said I think of NWBO as a possible Amgen (if all goes well), so we’re kind of in the same ball park, depending on how one looks at it.

However, I did ask:

Serious question — do you think that it is wise to enable absurd assertions like 30T valuations?

I feel that saying “people may scoff all they want” in middle of today’s discussion essentially backs up valuations that are untethered to reality. We were scoffing at a particularly absurd number and you seem to have an issue with the scoffing, not the absurd number.

I feel that wild valuations don’t help build NWBO’s credibility with new investors. Others might agree, based on the robust conversation this morning. I could be misinterpreting that — maybe it was just the coffee jokes that brought them in.

No need to answer the question if you don’t want to — we can leave it as a rhetorical one.