NorthWest Biotherapeutics Inc (NWBO)

[JRIII]

Feel like a sitting duck.

The difference between you and some of the others on this message board is that at least you seem to know you are about to get run over by a truck. Of course, I have been telling you this for two years so you could have just listened and saved yourself the trouble.

Those in charge of this disaster are feasting while they can, trying to squeeze as many dollars out of it as possible and hooking up their friends at the same time. Selling 25 million shares at $.17 should have told you all you need to know about this company. But then to watch the beneficiaries tripping over each other trying to flip their newly purchased shares for a five-cent gain has been the final nail in the coffin. If you could think of one word to describe the highest level of financial fitness and responsibility, NWBO would be its antonym.

While we contemplate what they've given away to Advent, laundered through Cognate, and, soon, Inmune, has anyone asked lately what happened to that $47 million gain on the Sawston property? Yeah, I know it was probably more like $24 million when you take out the taxes, fees and other obligations, but $24 million is a nice chunk of change. Where'd it go? I would very much like to see the circuitous route this payoff took to go from a real estate asset on the balance sheet to an monetary asset in the CEO's Cayman bank account. I guess I'll have to wait for the forensic audit. I think there's at least a 50/50 chance these people are led out in handcuffs one day.

Oh, that's right. I forgot. I'm supposed to be positive now. Sometimes I just can't help myself. Go Linda! Go Les! Go NWBO! Great posts everyone!