NorthWest Biotherapeutics Inc (NWBO)

[GoodGuyBill]

I agree with almost everything you said with the following exception:

1. Fair valuation is now possible for NWBO and Cognate but we (NWBO shareholders) will not benefit from a significant Cognate valuation. We should have benefited from Cognates sale given NWBO financial contribution.

2. Your comment, "this is extremely important to keep everything moving forward smoothly without having everyone in this small company being overwhelmed by interest from every corner", seems counter-productive.

Perhaps I am unaware of the way buyouts work. I just don't comprehend why it is best for LP to purposely tamp down on positive developments while negotiating? I just can't comprehend why shareholders would want to negotiate with Merck, for example, rather then putting any positive development out to ramp up interest and potentially causing a bidding war!

Thanks for you response...and the way you responded.

GoodGuyBill,

Cognate is a bit of a sore spot because of how it was developed off of the backs of NWBO shareholders no question about that. The one thing we can be thankful for is that confidentiality about NWBO products and manufacturing processes was maintained during development and NWBO has not had to carry the load with Cognate since the time it was no longer needed and was sold but still remains friendly. Sure it would have been nice to keep everything in house but fair valuation is also now possible for each company if and when they should be combined. None of this eliminates the sore spot but may help a little with perspective a little.
As far as keeping data under wraps while possibly in negotiations with a potential suitor, this is extremely important to keep everything moving forward smoothly without having everyone in this small company being overwhelmed by interest from every corner. As it stands now they can dedicate their time to what may be the most important decisions ever regarding the future status of this company. I for one would want their attention undivided if this is the case. Thanks for all your thoughts. You speak for many. Best wishes.