NorthWest Biotherapeutics Inc (NWBO)

[trocprofit]

If memory serves, we had roughly 16,000 shareholders at last 10K, now we have over 41,000. All of those were buyers. So, given the volume of warrant conversion and sales, it likely balanced out, and recently lowered, the PPS, rather than moving it higher. The number of unrestricted warrants is getting pretty low, I think like less than 40 million based on 10K.