Replies to post #55854 on NorthWest Biotherapeutics Inc (NWBO)

[OutsideLane]

Forget what LG might have told someone. It isn't in the PR, and it isn't in the filing. He can say all he wants to another person, but without it being in an official format he can lie or misconstrue all he wants without any legal implications. The Cognate MFN provisions are in force as long as the Cognate agreements are in place. They are still in place. Instead of continuing to issue shares to Cognate upon each raise, NWBO will simply wait until they feel they have stopped raising funds for a while, then unload a massive amount of shares to Cognate.

[austinmediainc]

What's the guideline for buyout as opposed to taking over? If someone outside makes an offer for the company they would need 50% of the shares to be tendered correct? This could never happen as Linda/Cognate/Toucan own over 50%. What is the rule for squeeze out? 50% of the minority shares?

I went through this with a Russian mining company who tried to buy us out at a low ball offer of .18, they were eventually successful at $1.35 which was still about 1/3rd the value of the company. They did everything in their power to manipulate the sp, including huge write downs to offset the profitability.

Never say never, and you should always consider possible events when determining risk of an investment. Even if you think it's highly unlikely or negative......