Replies to post #63920 on NorthWest Biotherapeutics Inc (NWBO)

[TiltMyBrain]

A merger is an idea I floated a while back. It certainly would make it easier to raise financing. The rise in the pps would be greater than the value of cognate assets.

[Poor Man -]

That would be a devastating blow to the antagonists.

Actually, a merger with Cognate is not such a hot idea. The only investors that would benefit are those at the fund level at Toucan Capital that hold shares in both entities. The non-fund shareholders (us) would be as diluted (after swapping some percentage of NWBO shares for shares of Cognate) and lose the upside potential, perhaps even more so, than simply selling to or merging with the highest bidder.

The actual though of trying to merge those two companies should make everyone nervous. You basically would have Linda selling the company to herself, figuratively and literally speaking.

I don't want to go into more detail on why this company is so trouble (because I don't want to get spanked), but one road to resolving its problems is to consider some type of M&A transaction, other than with another portfolio company owned by the same group of investors.