NorthWest Biotherapeutics Inc (NWBO)

[kabunushi]

Not that it's a large amount overall but your count is high by about 50M. The 8/5 options issued included prior granted but not yet issued - those described as "for prior service", which includes the noted 31.4 officers plus some of the 26M directors options which they didn't break out as to how many of the latter were new vs old. These had been previously stated to be accounted for, i.e. they would be in the 107M previously outstanding options at 1/1//2019 which are part of your potentially dilutive 454M which includes both the options and warrants.

So I'm pretty sure that 1,350M is the right amount for current total including all options and warrants. If I'm not mistaken there are a few millions of old options on the books and included in that number that are way out of the money like $8 strike price still on the book and included in that number. Not large enough number to make a substantial difference, only a few million if they are still outstanding.