Replies to post #130915 on NorthWest Biotherapeutics Inc (NWBO)

[notbrad]

It's called "on-a-fully-dilutive" basis. Let's say there is news tomorrow and the stock runs up to $10 (which is what most of us are hoping for). Then all these warrant holders will or may want to exercise and the company will be compelled to issue shares for those warrants. Another example, let's say there is a buyout tomorrow at $3B. All of us shareholders will have to split that $3B with the warrant holders.