NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

Agree totally that 18% on the Linda Powers nwbo loan is obscene. Wait until she converts it to shares at a discount. And probably takes a bunch of warrants as incentive to do the conversion.

She has already pocketed about 15M .30 5 year warrants w/o needing to convert. Though the terms are not final, so if the price drops she can "negotiate" a better deal.

That is in addition to the convert option which if used brings another 7.5M warrants.

Plus, she has a cashless option on the warrants, so she can profit on a modest price differential w/o need to worry about being stuck with iliquid shares.

And she just might know to call the loan prior to bad news being released. So no real risk.

Wonder if Big Boy will decide he needs better terms on his loan which is also callable. And Micky has the added expense of paying the off books paid pumper, so he does deserve it.