NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

I’m not that experienced when it comes to stocks. However, with that said, what prevents NWBO from doing a reverse split in order to get off the OTC and back on NSDQ?

There is always a ying/yang to this action.

The biggest issue is that while a company is still financing itself by selling stock the action is viewed as a weakness and the PPS falls after the R/S. When it does work, it is usually after a company has turned around after the fall that led to the delist.

Longs and shorts can debate the issue, but generally you will find most longs against a R/S for the above stated reason.

There were/are some other issues. When NWBO "left" the NASDAQ they were in process of being kicked out for reasons due to poor governance. After NWBO cleared the first violation up the NASDAQ cited them a second time, and in that one NASDAQ rejected NWBO's attempt to fix it. Since then NWBO has continued to act n ways that would violate NASDAQ rules, such as at this very moment when they are failing to hold an ASM within the fiscal year.,