NorthWest Biotherapeutics Inc (NWBO)

[anders2211]

With unblinded TLD, isn’t a one drug company in possession of about as material non-public information as you can get?

yes

Wouldn’t this mean they would have to be very careful with what they do with this information or with any other action material to the company.

yes

Isn’t the reason why most companies don’t sit on good TLD forever because it ties the company’s hands as to what they can do going forward?

Yes but NWBO isnt just any company lol

Isn’t that why they said “as soon as possible” in the 10/5 PR

Yes but asap in LP times is months lol

Wouldn’t actions that could be legally suspect include negotiation of changes in warrant structure/amounts, anything that would affect total float, any offering or financing arrangement for that matter, ?

- the dilution of shares is material by itself with or without TLD
so the sweeteners with the suspension of the warrant are dilution and material
- the strike price of the sweeteners for moving the warrants can not be discussed while being in possession of TLD

or really anything that would require disclosure of TLD to anyone before disclosure to everyone

ofcourse they can disclose TLD to some and not to the public

I do realize that they could do NDAs with the other parties, but there is still risks of trying to use a contract to limit disclosure of material information before it is disclosed to the shareholders/public?

They could and there is that risk

Is it pretty much a free for all as long as TLD isn’t failed they can delay for as long as they want?

They have to disclose TLD within one year after data lock by FDA regulation. So in theory not as long as they want. :)