NorthWest Biotherapeutics Inc (NWBO)

[hyperopia]

I don’t think management is playing games Bob, but I do agree in general, that “independent” boards are mostly a farce, and small shareholders have little say in these matters. The temporary option and warrant suspensions are in place to keep the potential exercises below the number of authorized shares. While some posters seem to think management has a complete disregard for shareholders, I think management is well aware of shareholder angst, and has chosen the least undesirable alternative. Letting the options expire seems unrealistic since there would have been other options like increasing the authorized limit, which would likely not be a popular choice to shareholders who have been kept waiting for clinical trial results, and the other option is a reverse split, which is an even less popular option at this point. It does seem clear to me that the runway is getting pretty short, so one of these other alternatives will have to occur fairly soon. The annual shareholder meeting this year should be pretty interesting.