NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

So it was not a small feat to find a new supplier to produce a prototype of the EDEN cartridge within 90 days of the Flaskworks’ acquisition. This first milestone was likely accomplished on time in November of 2020, since 1.5M shares were paid out on December 1, 2020 in accordance with the first milestone. (see 10K below)

Yes, the first milestone was completed then. The numbers are very clear. With the 1.5M shares for each of the 4 milestones and 1.5M share issued.

On the other hand, there is no mention of another 1.5M shares being paid for the second milestone. That is a bright line.

The clause you bold is messy. Recognizing expenses is not the same as a milestone being achieved.

You assert the second milestone should be easy, all they need to do is replicate what they did in their labs. That is false. You are saying a generic DC manufacturing process is the same as NWBO's "secret sauce" process.