Replies to post #487489 on NorthWest Biotherapeutics Inc (NWBO)

[flipper44]

Did you all forget the gauntlet placed down by Bigger regarding the ASM?

Di response: Gosh, we’re “swamped.” Isn’t Bigger’s tweet an out for management prolonging ASM? Given everything, not for a moment do I now believe retail plays any role, other than an annoyance in both sides’ minds.

Side one: management
Side two: institutions of all subtypes.

Public companies? Lol.

[HappyLibrarian]

You have a choice. Let the company default or vote the authorization.

NWBO has strung everyone along for enough time. I would vote no on a share limit authorization if they do not have the journal article out by then and start defending the share price. Letting them print more shares without making concessions on accountability and transparency is ridiculous.

Even in medieval and early modern times the monarch often had to make concessions to get additional revenue from Parliament or else shift with the resources he already had. When the King tried to do a cash grab without support or making concessions that led to the English Civil War and it did not go so well for the monarchy. The monarchy was eventually restored but on a constitutional basis and it has outlasted the absolute or nearly absolute monarchies around it.

Ultimately, if NWBO management tries to stiff us at the ASM and not deliver on the journal article etc. then its time to realize that there is no end to this unless we make one and if that means a default it means a default. At least this drama will be over, one way or the other. Management can decide how they want it. Probably they'll have the vote in their favor but at this point, endorsing the continuous stringing along is unacceptable even if failure to do so has tough consequences.

[skitahoe]

I agree that if the company did nothing I believe shareholders would go along with authorizing more shares, but there would be solid opposition and the likes of AdamF would play on it.

I believe the company had a plan and while their plan has taken much longer than they anticipated, they have still followed their plan. I believe that in the end their plan will prove to be very successful. Could it have been done differently, sure, but in some cases, it may have failed and been completely abandoned. LP has brought us to the brink of success, she ought to be allowed to finish the job and decide for herself when she wishes to entrust the job, or the company, to someone else.

Gary