NorthWest Biotherapeutics Inc (NWBO)

[Umibe5690]

I advanced the argument that it was essentially free and if any value certainly not commensurate with value LP received. It does not matter whether LP alone or with selected investors got in for free. From my point of view, it constitutes tortious if not criminal conduct and damages are aggravated by the multiplicity of participants.

As lawyers, LG and LP should know better and have already exposed themselves to potential liability. Both, in my opinion, have abused their fiduciary responsibilities and are brazenly inviting a lawsuit, especially if during the next 6 months little or no value is seen in the rise of the shares.

Today's financing is a slap in the face to other accredited investors who paid cash for the privilege of extending their warrants. Even a non convertible loan is potentially dilutive when it is paid back. You may need to sell more stock, dilution, and the share price may be less than the SP was when the loan was made. Giving LG the benefit of the doubt, there may be value in the restriction limiting the exercise of warrants and flooding the market thus keeping the lid on a significant rise in market value. However, that value is questionable and unascertainable now. Those investors who paid cash paid fixed and ascertain able value which LP and her pals did not. And on the heels of her free extension, she now goes out to get a loan to tide the company over????? MB apologists defend that kind of behavior? It's much ado about nothing? Really? Not only are these posters being cavalier with their investment money but mine too. That's just plain adding insult to injury. No wonder management has no credibility on the Street and need to get "loans" from questionable entities who supposedly have a "love"affair with NWBO. The last two letters in NW"BO" tell the story.