NorthWest Biotherapeutics Inc (NWBO)

[Poor Man -]

Ya know Anders, if I pulled my park bench (that I live on) up to the board table, this is really the observation that all the professionals at that table would make:

Everyone would agree that NWBO’s management is terribly conflicted and that the fund manager (and Chief Executive for both entities) is leveraging one portfolio company that it controls to establish a second portfolio company that it wholly owns. Every other explanation would simply be rejected as self serving.

From a very real business perspective, that’s the obvious assessment. Tend to believe that’s why it’s been very difficult to attract investors outside of family funds and the occasional boutique investors like Bigger.

If it’s obvious to me living on a diet of noodles, sitting on a park bench, feeding pigeons, while stealing the WiFi from nearby coffee shops, it’s obvious to other professional investors.