NorthWest Biotherapeutics Inc (NWBO)

[anders2211]

BTW, before somebody says they can not go past 1.2B, that is wrong. The law enforces the actual shares issued. For warrants and options it is a matter of contract between the parties to reserve the shares.

A very interesting post from a legal point of few!

The question is will NWBO dare to sell new shares knowing that all authorized shares are now spoken (through warrants, options and o/s shares) for one way or the other. The legal problem that could arise for NWBO lay not so much in selling new shares but if and when new shares must be delivered by warrant holders and they are not able to...
That could be the case if NWBO sells let's say another 50 million shares after which not all warrant and option holders can not be served any more when they have requested their shares to be delivered..

It will not come to that I think but interesting non the less.
Let's not hope NWBO will appeal to the shareholders to expand the authorized shares once again before TLD...