Replies to post #256866 on NorthWest Biotherapeutics Inc (NWBO)

[kabunushi]

I'm sure they want them to be exercised rather than extended because they want the $ they will get from exercising. That's a major source of finance without having to issue more stock. Obviously we'll need to see a stock price above the .31 exercise price (IIRC) so that the warrants will be in the money. They have only given extensions in the recent deals as the kicker to stock purchases because it's been a better choice than further diluting that would happen if they had to give more warrants to purchasers of the offerings. They have no motivation to extend the warrants as long as they are in the money before expiration. If they are not in the money that's another story - it might be in their interest to extend in order to eventually get $ that way, though it will be less dilutional if the pps were much above .31 to just have the warrants expire worthless. Anyway LP has a bunch so she will want to see them be rewarded if possible one way or the other. Basically imo she is hugely motivated to make sure that TLD gets revealed ASAP.