NorthWest Biotherapeutics Inc (NWBO)

[skitahoe]

I don't believe that anything can be proven. NWBO may have spoken to multiple BP's under confidentiality agreements. If that's the case, once the trial is unblinded, any who have a confidentiality agreement with the company will be open to re

view the data. At that point, or any time beyond, an offer of a partnership, or buyout could come at any time.

Ideally, any such offer could be countered by others who're reviewing the data, and new players could step in at any time. From our standpoint, a bidding war for either a partnership or buyout could be a thing of beauty. Merck might be one of the bidders, but don't bet that others may not be interested as well.

The question may come down to, what does the company want. They may have a figure in mind for either buyout, or partnership, but I'm uncertain whether their preference is one or the other. If we should get a partnership, you cannot be certain a buyout won't occur, and it could be the partner, or not.

Gary