NorthWest Biotherapeutics Inc (NWBO)

[JRIII]

Upon conversion, the lenders enjoy a discount to market price that may be as high as 60 percent, and higher in the event of default by the issuer. As he converts portions of his note and sells the resulting stock into the market in a series of tranches, the stock’s price plummets. That is why these kinds of instruments are called “death spiral convertibles.”

Someone on here yesterday actually praised this financing deal as "non-dilutive", which is pretty indicative of the level of NWBO analysis we get. NWBO is literally at the bottom of the barrel if they are at the point where they have to borrow from John Fife. He's the only source who will still give them money so they can keep kicking the can down the road. That's all they are doing, and this deal bought them another 8 months of no TLD. A deal with John Fife is the clearest indicator in the world that your company is circling the drain.

Hey folks, here's a tip: this whole operation is nothing more than a scam. The company has known this trial is a failure for six years, and all they are doing is waiting on Sawston approval because that's all they've got left. So they keep playing the Ponzi scheme, engaging in a new toxic deal every few months to pay off the previous toxic deal, and to pay their $600,000 salaries. Do you not see that's what's happening?

Every press release they put out is a lie. In August 2020 they said they would release TLD in September 2020, and then they just pretended like that never happened. Do you not see that everything they tell us is a lie? Does anyone really believe that COVID is still an issue 14 months after alleged data lock? All of the excuses are a cover to keep you sucked in to their scheme. Why is the company refusing to release the data, even though they've been unblinded the whole time? I know enough about scientific analysis to say with confidence that if you gave me the right software, within 10 days of data lock I myself could have told you whether this trial met every one of the endpoints, and I bet the vast majority of you could do the same.

Is withholding material information from shareholders legal? Where is the data, Linda? This is not normal, ethical or right, and everybody knows they are hiding the data because it is bad. No company in history has ever sat on good data for more than a year with no end in sight. You are being lied to. Wake up! Snap out of it! You are the shareholders and this is your company! Hold these people accountable!