Replies to post #178885 on NorthWest Biotherapeutics Inc (NWBO)

[tryn2]

Doc, I believe LP could broker a partnership deal for a percentage at the drop of a hat, if she wanted to... I now believe that will not happen, as she has the $$$ and data to unblind whenever she wants...

What will the shorts do when this trial is concluded, and there is overwhelming evidence for approval...???

[Umibe5690]

Agreed.

[hankmanhub]

It appears that building up Cognate and then selling it off was always in the cards as an option to get this trial across the finish line

Doc, that is very illogical. You are saying that she intentionally used investor money to build up Cognate which she and her interests owned privately, and then sold it off and pocketed the money so that she could spend it all out of the goodness of her heart on the investors behalf to get NWBO "across the finish line." I imagine you believe in the tooth fairy and Santa Claus as well. By the way I have a bridge I would like to sell you.

[Poor Man -]

This is a very damning comment about Linda. This suggests that NWBO shareholders funded Cognate's business to the benefit of Toucan and Linda, not necessarily NWBO - there's no indication that the proceeds from the sale were used to fund NWBO. I personally think it was much worse, and that Cognate was also used as a vehicle to increase the number of shares held by Toucan and Linda. Remember, Linda just made a loan to NWBO with a convertible feature, while the most recent funding was simply a loan that's not convertible at all...why the difference?...Linda made a loan as an insider under worse terms than funding from an unrelated party.

And very much agree, that Linda and her family have enough invested and enough net worth that there was never a risk of bankruptcy at any time, provide that the trials continued to progress to show that they weren't throwing good money after bad.

I also believe now that Cognate is sold off, there is greater alignment - albeit not perfect - between Toucan and minority shareholders, so there's more effort made to minimize dilution, especially if the funding is not coming from Linda and Toucan, nor make themselves whole via shares acquired through Cognate.

She has money from Cognate sale, money from family and money from friends. She is much less desperate in the position that she currently sits than many would otherwise believe. This is why she could negotiate these terms. It appears that building up Cognate and then selling it off was always in the cards as an option to get this trial across the finish line. The duration of the trial was always going to depend on how much public money she could generate along the way. The bears were right about one thing and that was Cognate was a Linda Powers tool. They just misdirected the real purpose to advance their agenda against management. Best wishes.