NorthWest Biotherapeutics Inc (NWBO)

[kabunushi]

I read the 110% principal repayment as the instantiation of the OID. You may be correct that there is an additional 10% discount, I'm not sure of that. Either way, far from panic I read this as having confidence that the share price will increase by well over 25% from the current depressed price hence this will lead to far less dilution than selling more shares here. That's just a basic long's understanding of where we are and why this demonstrates confidence that the shares are now well underpriced. Also, again even at a 25% discount, a bank would be engaging in deep speculation if they didn't see proof that repayment is highly likely. Do you think the bank is purely speculating that they'll get paid back with all that interest starting in 11/23?