Replies to post #59574 on NorthWest Biotherapeutics Inc (NWBO)

[Rkmatters]

I have no issue that used shares as debt payouts at a 12% discount to the closing day price on the day they paid them. I have no issue that shares were awarded to managers at a significant discount ($3.64 verses 3/7 $6.06 closing price). I do, however, have issue that Cognate have a habit of paying out a DAY before important news release where the stock then traded up SIGNIFICANTLY. Only then to trade below its intra-day high.

Linda had conflict of interest information and would know the timing of those payouts would not be good for shareholders. There is no reason to pay vendors back at a 50% mark up. That's essentially what she did. I provided proof.

This kind of behavior would be considered insider selling if LP sold shares. She did not. If those Cognate managers and no related third party payouts knew news was coming and sold, then that would be considered an SEC violation. Someone should look into it.