NorthWest Biotherapeutics Inc (NWBO)

[Poor Man -]

I hear what you’re say, but you need to use the notional amount. Interest is paid on the full $11 million Note Amount.

But even using your numbers of total repayment equal to $13.3 million against cash received of $10 million, you come to 33.25%. Based on your own numbers, you are saying they will pay $13.3 million on what amounts to a $10 million loan.

Total paid at conclusion of loan = $13,325,066