Replies to post #157521 on NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

Senti, they are warrants, not shares. They are always included in these forms because the owner could convert and vote, thus has control to that extent.

The quote LessIsMore posted asserting they are warrants are straight from item 4 of the SEC document.

The Island Boys do nothing but flip stock when they buy it. They keep the warrants either as coverage for shorting or just as a onus in case they get lucky.

[kabunushi]

SS, that is probably not a contradiction - the point is whether voting power is full or shared (if and when the warrants are exercised in this case, it seems clear). Anyway the reason for this filing is to report they are no longer 5% owners, (probably because their ownership was diluted). Doesn't seem to be terribly exciting as far as I can tell.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: x

[LessIsMore]

You are correct, there is a discrepancy in the filing. They are being claimed as warrants with voting rights, they can't have it both ways.