Replies to post #46328 on NorthWest Biotherapeutics Inc (NWBO)

[austinmediainc]

The company doesn't have to be SOX compliant, it should have merely hired an independent CFO. To say that is a waste of money is a joke! A waste of money is the depreciated raises that have taken place because of the depreciated share price.....

[Steppenwolf_Speaks]

It's not the size of the company that matters, it's the amount of investor funds that they are in control of that matters.

NWBO does not qualify as small with $50 M+ in investor funds that executives..well really only Linda...has control over. That is EXACTLY why SOX requires this CEO/CFO seperation...so one person CAN'T use this money for their own gain.

Remember, SOX is not for "are you managing money well", it's "are you ripping people off and deceiving shareholders".