NorthWest Biotherapeutics Inc (NWBO)

[flipper44]

Fair Enough. I'll stay late after class too.


Let's take it back to the November prospectus and work forward.

After the November financing there were approx:

38.5 Million shares outstanding

25 million unexercised options and warrants.


But the January manufacturing Expansion added

5 million shares outstanding
for a total of 43.5 million outstanding.

It also added 2.43 million in unexercised warrants
for a total of 27.4 million in unexercised warrants and options.


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So, if Linda has been tracking options and warrants being exercised, and she gets 51million shares outstanding,

That means the amount of unexercised shares is 27. 4 million - 7. 5 = 20 million rounded off.


So maybe we are closer 71 (instead of 72) million once all warrants and options are eventually exercised -- but maybe I did too much rounding off in my head.



So Scottrade probably is the closest of the three stat. services on real outstanding shares, but it probably does not keep track of the warrants and options that are exercised on a day to day basis. So Linda is correct, but that is because she is up to date.

Does that sound correct?