Replies to post #522855 on NorthWest Biotherapeutics Inc (NWBO)

[dennisdave]

But nobody knows if the AS limit prevents conversions. If stated, it would be in the subscription agreements which have not been disclosed.

my question for you, are you nobody? You are somebody right. Good because everyone knows A/S can ONLY be increased with 51% approval of the total outstanding shares at the ASM. Delaware law knows it, legal advisers know it, lawyers know it everyone knows this, except you and you are not nobody.

Given the modest discount there is something in the agreements that reduces the risk. One possibility is that they are allowed to convert. That will force LP to sweeten the deal to prevent it (else spend a fortune in open market buys). Another possibility is there is a guarantee to on it vote at the next ASM. lol.

this doesnt make any sense.