NorthWest Biotherapeutics Inc (NWBO)

[Umibe5690]

IMO, this is the right level hire. At this stage, NWBO does not need a highly seasoned, highly sophisticated CFO who, in any event, would be relatively difficult to attract and very expensive to boot. What NWBO needs is a "nuts and bolts" finance manager who can take care of all the administrative financial details and plug the gaps and delays which have heretofore plagued the company. This is also in keeping with the guidelines/compliance required by the SEC in settlement. LP and LG can now focus upon the higher level issues with support from a sufficiently qualified finance manager who can "grow" into the CFO position. CFO is just a title. Practically speaking, this new hire is a finance manager and, at this stage, precisely what NWBO needs.

NWBO just can't seem to win. Investors and naysayers alike have been clamouring for a finance/accounting individual and when NWBO finally makes the right move, harp about not "seasoned enough" or "lack of experience". Nonsense. This is the right hire and is extremely positive. Seems that NWBO must be pretty confident of results and that it will be an on-going concern. Just my two cents.