NorthWest Biotherapeutics Inc (NWBO)

[Poor Man -]

It’s a negotiation, and we’ve all heard how good LP is at negotiations. I would take $75 million at this stage.

The larger the amount to settle the longer it’s in Citadel’s et.al. best interest to drag this out as long as possible. Citadel and the other defendants can easily afford collectively to pay $100 million just to make this go away.

Sure, if NWBO was liquid and not needing to dilute shareholders, then nobody really cares how long this takes from the shareholder perspective. But the reality is that shareholders would greatly benefit from a cash infusion from no dilutive sources.

If CohenMilstein really is holding a strong hand, then this is the right time to leverage it. That’s a more strategic way to think about all of this.