Replies to post #360252 on NorthWest Biotherapeutics Inc (NWBO)

[Survivor2012]

I guess it was $11M.

[iwasadiver]

Who cares who John Fife is or the SEC? The SEC fined JP Morgan Chase over a hundred million dollars in the past few years, not to mention others who try to get an edge skirting rules, or simply misinterpreting them. Do you think companies are going to stop doing equity deals with them because of it? He’s no worse than anyone who does private equity and plays in circles where people need capital. It’s an absurd consideration to me. It’s an 8%, unsecured, and without strings loan. If someone walked up to me today and made me that offer I’d take it instantly. Period. Even as a successful Physician it’s hard to find capital for under 10-12% from any lender. NWBO is a billion dollar company with no product being sold. Hard to walk into a bank and ask for money. Any savvy equity firm that is willing to lend $11 million at 8% unsecured and without warrants or stock has to have some pretty big faith in what they feel is happening. To me that’s the only thing to see.

[biosectinvestor]

They have borrowed from him before, same squeals but nothing negative has ever come of it. It is not uncommon for parties involved in the securities markets to have disagreements and claims. It does not mean they are necessarily bad actors. It’s interesting, but not necessarily an indication that everything they do is “bad”.

[Eagle25]

It appears CytoDyn did the same thing in Nov 2020. This is what Streeterville does.

https://content.equisolve.net/sec/0001193125-20-294908/d99400dex101.htm

I googled "John fife & SEC violations" and a host of reultss popped up. He seems to have a history of toxic financing deals. I hope NWBO is able to meet the payment terms.

[monentum2play]

Who is going to lend them money. They are at 1.35. UNLESS a private investor but risk is to high. You guys are looking at it as investor and they are looking at it as junk and the rate of risk.