NorthWest Biotherapeutics Inc (NWBO)

[JerryCampbell]

Think you've got that wrong on the options, Kab.

Go back to the latest proxy statement.

https://www.sec.gov/Archives/edgar/data/1072379/000110465920039528/tm2013863-1_def14a.htm

Look at the ownership table for Board members. Every reference to options is "underlying options that are currently exercisable". That totals 99.1m, and that is without including non-Director employee options. They would not have been described in that manner if they were granted, but not issued.

The "subsequent event" options are clearly in addition to the 107m.

If you doubt this, wait for the next 10-Q, and check the line for Options in the table of "Potentially Dilutive Securities".