Replies to post #275000 on NorthWest Biotherapeutics Inc (NWBO)

[kabunushi]

Where I'm from, they are definitely BS. Reference https://en.wikipedia.org/wiki/Non-compete_clause

California
Non-compete agreements are automatically void as a matter of law in California, except for a small set of specific situations expressly authorized by statute

Even in EU countries, can't be overly broad e.g.:

Germany
In Germany, CNCs are allowed for a term up to two years. The employer must provide financial compensation for the duration of the CNC amounting to at least half the gross salary.[11] Unreasonable clauses – for example, excluding similar jobs throughout the whole of Germany – can be invalidated.

France
In France, CNCs must be limited in time to a maximum of two years and to a region where the employee’s new work can reasonably be seen as competitive. The region can be a city or the whole country, depending on the circumstances. The employer must pay financial compensation, typically 30 percent of the previous salary.[10] A CNC may not unreasonably limit the possibilities of the employee to find a new employment.