NorthWest Biotherapeutics Inc (NWBO)

[FeMike]

Since March of last year, NWBO has sold 189,000,000 shares.

At an average share price of $0.35, that is the equivalent of $66 million.

What the fuck have they spent well in excess of $50 million on in the past year?

Here is their list of accomplishments in the last year:

26-DEC 2024
Northwest Biotherapeutics Announces $5 Million Convertible Note Financing and Standby Facility for Up to $50 Million Additional Financing

03-JUL 2024
Northwest Biotherapeutics Announces Positive Votes At Annual Meeting; Reviews Strong Progress and Growth Opportunities

17-JUN 2024
Northwest Biotherapeutics Announces Exclusive In-License of Portfolio of Dendritic Cell Technology and Intellectual Property

21-MAR 2024
Northwest Biotherapeutics Appoints Seasoned Business Executive and Investor to its Board of Directors

And that's it.

$66 million and that is what they have to show for it. It's been 9 months since the company has issued a real PR.

There is no world in which any reasonable investor can be okay with this. This is inexcusable, it is absolutely criminal.

$66 million people. A company with 20 employees. A company that has no active clinical trials. A company that has no active commercial production. A company that has no active anything. Spending $66,000,000 in one year. Nothing to show for it.

Linda Powers needs to be in jail. Period.