NorthWest Biotherapeutics Inc (NWBO)

[hankmanhub]

BB, I am not clear how that works, and that the certificate is enough to let you sleep at night. Who issues these certificates? My first guess is that it is NWBO. If that is the case then how do they know your shares aren't the counterfeit ones? That would imply that they know who has real shares and who has counterfeit ones. And also which brokers are doing naked shorts and which are not. That sounds like real info for a solid lawsuit on the naked shorts. Clearly, that is not happening here and would be easy to deal with.
So if it is not NWBO who issues the certificates, who does. The agency that is in charge of clearing trades? I doubt that. Or do they (NWBO) issue the certificates on a first come first serve basis and it becomes a game of musical chairs and you better not be the last to look for a chair. And it is tough luck for the last shareholders to ask for certificates?

I should add, that the shareholders who bought their shares directly from NWBO in a PP or warrant exercise as I did for much of my holdings, should be easy to identify for sure by NWBO. Not so clear to me how they identify "real" shareholders for those buying on an exchange in the open market.