NorthWest Biotherapeutics Inc (NWBO)

[JerryCampbell]

Shareholders vote on a resolution to authorize a reverse split, generatlly specifying a range to give management some flexibility. Ex: between 1 for 8 and 1 for 20.

There are two main reasons for a reverse split.

1) Satisfy listing conditions to get back on NASDAQ. This only makes sense if they are ready to satisfy all other conditions for NASDAQ, including the rule they violated twice in one year prior to downlisting.

2) Interest institutional investors. Many institutions have minimum price rules, often around $5 per share, for a variety of reasons. Until nwbo is fully ready for institutional investment, this doesn't matter so much.

- Can they present a meaningful investment thesis, which obviously means far more than the current blended/blinded story?

- Are they ready to communicate like a real company, including quarterly conference calls?