NorthWest Biotherapeutics Inc (NWBO)

[Bright Boy]

One question-If you're an attorney representing a client in a merger transaction/sale,
do you reveal your negotiating strategies to the potential acquirer or if on the buy side, do you reveal your clients strategies to the seller???

My experience is in the energy industry/E&P side and from experience the worst thing I can do is to enter into negotiations with a major company, show them the the geology, exploration results and reservoir potential without an ironclad NDA AND a serious break up fee!!!!. Without that protection, the major company will and in my case did walk out of the trade and told the industry that my reserves were not even close(in their opinion) to what I stated on my company's reserve reports. The point being that all potential buyers were now looking at a "condemned" property. Releasing TLD or any other critical data valuing the company when in a severely undercapitalized position is the "kiss of death" !!! Wake up, Pard!!!!