Replies to post #122153 on NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

Officially, they don't have that many shares issued and outstanding. You'd have to quantify that number, I'm afraid. I'm not seeing it.

See this post for details.

There is some fuzziness because we do not know the terms of the convert feature added to the 1.58M loan balance which could convert to 1.58*3/.18 = 26M shares

I also did not adjust the Ader Bay count which floats at market rate. We also do not know the precise terms on that (though we know it adjusts).

As far as the point you replied to, LP can find ways to work the problem. But it will start adding to the cost. I assume they will solve next week with some combination of shares along with warrants that can not be excised until others expire, or preferred or other tricks. But after that they are out of trinkets to sell.