NorthWest Biotherapeutics Inc (NWBO)

[Dan88]

I inquired and was also offered C shares; then my wife came up with a better idea: since our family has already owned too many shares, and the C shares we planned to buy would still be a small faction so our decision was instead to buy in the open market taking the advantage of low share price (250k shares bought so far).

The reason is that by buying in the open market we hoped the next offered price for C shares would be higher than the previous offering of roughly about $0.62 per share ($15-16/25). We hate to see share price constantly got negative impact with each offering, which has happened previously.

The more investors buy shares from open market the chance is higher the next offering would be at higher price.

The above is exactly the reason I told Les about our decision.