Replies to post #178650 on NorthWest Biotherapeutics Inc (NWBO)

[kabunushi]

Surely you are joking. This is the best raise of cash we've seen since I can't remember when. This is a very low interest rate for decent term of 18 months and no option to convert into shares. It's a very low interest rate considering the balance sheet is very weak and the ability to repay the loan in 18 months depends on NWBO staying in business and being able to raise $2.5M. I can only assume that Linda must have opened her kimono and showed the lender something pretty sweet to have been able to talk them into loaning them $2.5M at this point. As a point of reference, they had to give a 40% annual interest rate on the last $1M 6 month bridge loan. That is much more typical of what you interest rate should expect them to have to pay as a very financially challenged company with a lot riding on the ph 3 trial results (though the interim results already show really good promise).

[photonic5]

Not a crappy deal. More dilution would have been worse. These loans can be paid off with warrant money once the market reacts to the trial meeting endpoints and approval is imminent. Maybe they can even be paid off with right to try revenue.

[Diamondjim61]

No ragrets Scotty P.

I assume market doesn't like Linda's crappy deal from yesterday. I guess her begging for money at asco was lagit.

ANOTHER HAND WELL PLAYED BY LINDA POWERS!!!LOL