NorthWest Biotherapeutics Inc (NWBO)

[biosectinvestor]

No, they do not have to do so, you’re incorrect. If they have a material plan, they probably will, but the disclosure rules are not intended to disclose things that may not be intended to be disclosed. They have the option of disclosing every contract they have even with janitorial services if hey want to do so. Your point was it was deceptive not to and that is incorrect. If they had to file every retainer agreement contract they had, it would be ridiculous. One company I once worked for spend literally billions of dollars on routine legal matters around the world in all manner of jurisdictions and places. Do you think evry one of those contracts for retainer or “just the material ones” need to be included and disclosed? Most likely none of them need to be disclosed.

What people think is material and what is “material” are two different matters. If they were spending a material amount on those services, sure, if such services drove them into bankruptcy and were a form of looting the company, I have no doubt that a good litigator could argue that they needed to be disclosed. That’s not the situation or circumstance.