Replies to post #69109 on NorthWest Biotherapeutics Inc (NWBO)

[Do Due Dilligence]

Most of the plant is already financed, that probably helped to negociate extension. That and certainly some guarantees that cash will flow into the company in near term. I'm wondering if Hospital exemption reimbursments are at play here, if that is the case then Linda should be clear on that as it would ease worries that it is not on the table anymore.

[chinatown1980]

Hi Mav. Do you think we eclipse 200 million shares in 2016? With the 6 million mortgage due in November, I believe it's not only possible but likely.

Wowzers, over 200 million outstanding by the end of 2016! Who would of thought? Oh yeah Austin and a few others warned of it last year. They were laughed off the board at the time. Not so funny now is it? I'm guessing you saw the massive dilution coming too, but just didn't say anything. In fact, I would go as far as calling you a hindsight visionary. Certainly sucks for those of us holding warrants or options.

At least Linda has been able to offset some of the dilution below $4 with the most favoured nation shares issued this year. Mmm..I can feel myself getting mad again. And I was doing so good.

What would a $10 million financing at current prices look like? Based on the most recent raise in July, looks to me like a 50 million share dilution. Yep, for just 10 million dollars. Doubt that's even enough to pay the bills through 2016. Ugh what a mess this has turned into!

Maybe in a year something good will happen but we will have been diluted so much (and reverse split by then) to the point that none of us long the stock will make any money for all the years of misery. Would be fitting for this investment.

[iclight]

Another planet? So they are paying $200k (that's a 10% loan) they don't have to keep the lights on at a place they can't use, can't sell, and the bank doesn't want.

And they still have no money.

[maverick_1]

Not much equity in the property given mortgage is due[ by iclight post 67641

When is her presentation, "How to pay your mortgage with no money"? by iclight post 65875

Funny, but there is an issue in play here. Of course they could just default and let the property revert to that company LP set up to get the deal done by exwannabe post 65877

iclight Tuesday, 07/05/16 03:50:05 PM
Re: beartrap12 post# 66019
Post #
66034 of 69122 Go
Cognate has a Memphis plant. NWBO can't afford to pay for them to produce now. NWBO owns Sawston which obviously can't supply for commercialization because they might not own it after they default on the mortgage and they don't have cash to clean up the toxic issues. Kings College hasn't made a vaccine for anyone in England (Those are made at Fraunhofer) and Germany won't accept vaccines produced outside of Germany for HE anyway. That's if they were able to pay Fraunhofer per the contract even though they didn't have to produce many vaccines at all during the halt.

All of NW's money for expansion and production hasn't bought much, has it?

foxhound02 Wednesday, 07/13/16 09:14:27 PM
Re: None
Post # 66796 of 69124 Go
Anyone want to make guesses as to how long it will be until the company goes bankrupt? I give it two weeks. The company and all intellectual property will go to Cognate. The last raise should cover paying the utilities. Anyone owning shares will be wiped out. Still have 10 shares dating back 15 years (can't remember)?? It was a round-off from the reverse split forever ago.