Replies to post #503683 on NorthWest Biotherapeutics Inc (NWBO)

[flipper44]

Are you a big fish?

[dennisdave]

Purchase of these securities is by inquiry. I made the inquiry directly with NWBO. I am a retail shareholder. The “Cs” were offered to me and I received a draft subscription agreement. The price was $16 per preferred share convertible into 25 common or $0.64/share. At the time of my inquiry the market price was about $0.68 so the “discount” was about 5% as the price was “fixed” the previous week..There was a three month holding period up to October 26, 2022. There was no guarantee that sufficient authorized shares would be available at the time of conversion, or for that matter, ever. There were no warrants attached. Nothing was stated as to whether the voting rights attached to the common were immediately available. When I inquired as to how many preferred I could buy, I was told “as many as you want.” The number of shares in my subscription agreement was left blank for me to fill in.

This is really a bad sign. The whole idea of NWBO pursuing a JV is now definitely into the water.

NWBO somehow only understands selling securities to retail holders and has zero creativity in getting finances anywhere else even with excellent data in hand. I wonder what Kristyn Power is doing all day.. wasn't she suppose to prepare to get bigger fish in?

Also, the May 10 conference uin NY has not provided any interest so far by BP, although several were present.

Reality sucks.

[scotty3371]

Exactly. Why buy shares are .67 just call nwbo and buy then below .60 soon

LP has zero confidence in this trial or she is the worst ceo ever.

Company stock is now doomed as Linda has sold this mismanaged company for around 35 cents??? with her dilutions.

I am guessing may 10 debacle was part lp marketing the preferred and longs and investors selling to make the spread.

There is no short attack on nwbo, it's an incompetent management attack.

[StonkMaster]

So, no partnership:'(

[Reefrad]

Which begs the question, you must still be optimistic regarding our future? What are your thoughts?

[hoffmann6383]

thanks for sharing umbie

[learningcurve2020]

Even I'm shocked if that's true. I never would've expected they'd let retail near it. It destroys their ability to control the buyout narrative and opens the door to more class suits. Please help me to understand why anyone would buy the preferred at such a small discount to common with no dividend and no warrants to sweeten the pot? The company is still a goin concern, after all.

[sentiment_stocks]

There was no guarantee that sufficient authorized shares would be available at the time of conversion, or for that matter, ever.

With the management lock up of their own options, I believe, then, that the company is not selling any pref Cs at this time which are not also backed up by the current authorized count.

[tryn2]

Umibe5690 wrote:"When I inquired as to how many preferred I could buy, I was told “as many as you want.” The number of shares in my subscription agreement was left blank for me to fill in."

This is starting to ruin my day.... if true, it kinda blows the "the Series C shares are being saved for a partnership" out of the water....)-: