NorthWest Biotherapeutics Inc (NWBO)

[gpb]

This is nonsense. Past float has very little to do with when currently anti-dilutive contracts vest, are likely to be exercised, and cease to be anti-dilutive. The ~20 million shares in options and warrants out there now with strike prices higher than the current share price would all be long-since dilutive by 3.5 billion (and officially counted by the next quarterly filing from the company). This means your outstanding share count cannot be less than ~65 million and thus the pps would be about $53.85 (which would be just fine by me in this scenario, btw, since you guys aren't even talking Direct yet), assuming not another share of further financing.

It's that simple. Also, "ten-baggers" are nothing to scoff at.