NorthWest Biotherapeutics Inc (NWBO)

[IkeEsq]

There is Zero risk on investing in NWBO.

People keep saying this but it isn't true. There continues to be much the same risk that has always existed, although it has certainly decreased.

Yes, the data (as presented) shows a statistically significant improvement over SoC. However, even if the Regulatory Authorities have accepted the new endpoints, that does not mean that they agree with the historical controls that NWBO is using. In theory, any reasonable historical controls should show much the same improvement but not necessarily.

However, it has been clear to most people for the last 4 years that the science was solid. The risk is not that DC Vax does not work, it is that management or outside forces would cause the company to fail before gaining approval. Those risk have not been removed, even if they have been reduced. Until the company explains what is going on, it is impossible to fully quantify those risks. They are going to run out of money long before commercialization at this rate and how they respond could seriously affect returns.