Replies to post #283627 on NorthWest Biotherapeutics Inc (NWBO)

[notbrad]

Manibiotech, so who is clueless now ?

[BlueJordan]

On April 30, 2020, the Company entered into an agreement with its CEO, Linda Powers, in regard to approximately 90 million warrants and options held by Ms. Powers. She agreed to suspend approximately 60 million existing warrants and options held or due to her until November 1, 2020, making them unexercisable during this period. In consideration, the Company extended the exercise period of a separate approximately 29 million existing warrants held by Ms. Powers (not part of the 60 million warrants and options), and Ms. Powers also agreed to suspend those 29 million warrants until November 1, 2020. The extension of the 29 million warrants provides an exercise period of 2-1/2 years after the suspension period.

Why would the company extend the rest of the 29 million till Nov 1st, since Linda agreed to suspend the 60 million existing warrants and options till that date?

It will be interesting to see what happens end of June, hopefully we rakes in some moolah and we dont have any further financings after that.

[JerryCampbell]

Those 62m warrants expiring May/June is a whole lot less than the 220m Scotty's accountant estimated.

Even some of those might get extended/suspended.