NorthWest Biotherapeutics Inc (NWBO)

[kabunushi]

Well the most effective falsehoods contain a grain of truth. Personally I agree that Linda and Les took way too much way too soon when they got the BoD to award themselves $17M and $10M bonuses respectively in the form of low-priced options in 2020. For sure that action was completely different from paying cash bonuses but then the stock was still languishing at .35 and here we are even 2 years later and the stock price is no longer .35 but we don't yet have solid proof in the form of RA marketing approvals even applied for let alone approved.

IMO those outsized bonuses were not yet earned, far from it. Hence of course I will be approving the increase in share authorization to 1,7B shares (I would never try to cut off their ability to raise money via equity issuance when they don't yet have revenue coming in - that would be cutting off my nose to spite my face), but I will not vote to approve any of the bonuses i.e, I will vote no on propositions 3-5.

IMO it can't be denied that there has been some profiteering by management (the value of which to be clear, can only really be taken out only if and when NWBO succeeds).