NorthWest Biotherapeutics Inc (NWBO)

[Poor Man -]

The only thing wrong with a hostile takeover is the name itself. When there’s this lever of misalignment of interests between the Board and common shareholders, then a tender offer made directly to shareholders is likely the best course for shareholders to realize the highest value.

I propose for message board approval that we rebrand the name Hostile Takeover to now and forever be referred to as a “Happy Takeover.” I just think NWBO shareholders (as far as I can tell) would be fine with something called a Happy Takeover whereby a party (let’s start to use the word “party” rather than “acquirer,” because that doesn’t sounds happy) makes a tender offer to purchase shares over the heads of management to realize value for common shareholders. Shareholders can accept the invitation (let’s not use that boring word “offer”) from the party, or they can just RSVP.

I think if we just rebrand the name, then everyone will be delighted. And that’s what we truly aspire for is the state of delightful.