NorthWest Biotherapeutics Inc (NWBO)

[jimmy667]

It is possible to have a JV company with multiple BPs. Along the lines of this:

https://www.pfizer.com/news/press-release/press-release-detail/pfizer_announces_closing_of_joint_venture_with_glaxosmithkline_to_create_a_premier_global_consumer_healthcare_company

Another example is Merus NV. After it's IPO in May 2016 it traded in $7 handle. A few months later in August-September 2017 it rose rapidly to $30 plus over next six months when it became widely known that the MRUS stock was more than 70% owned by Pfizer and other BPs. So Merus NV is a JV including several BPs in the area of Immune-oncology.
Merus NV stated description of their business:
"Merus NV is the Netherlands - based biotechnology company, concentrated on developing differentiating therapeutics for cancer patients. The product programs in the Merus pipeline are based on the Multiclonics format. Its products are designed to bind to multiple targets, and are manufactured with features for anti-cancer effects against the complex mechanisms that drive cancer. Company's products engage cancer antigens and harness the power of the immune system to kill tumor cells by utilizing technology platform. One of the drug zenocutuzumab (Zeno), a Biclonics antibody, concentrates on helping patients with lung, pancreatic and other types of solid tumors. The company operates in the Netherlands and United States."

Imagine what would happen if NWBO, Merck and BMY join in a new venture to start a new company with Merck & BMY (or just one of them) capitalizing the new the new company with Cash and providing expertise and NWBO exchanges all of its stock and IP for shares in the New Company to to IPO on Nasdaq. Now imagine what would happen to any Hedge Funds that hold NWBO stock short? Imagine if the short shares were in the 100s of millions? Forced cover. If I was Linda Powers this is what I would do if there were BPs wanting to partner. Linda Powers is smarter than me and clearly by the "considering litigation" statement has an AXE to grind with the short selling "Wolf Pack"