Replies to post #541899 on NorthWest Biotherapeutics Inc (NWBO)

[pqr]

Grip thank you. I read a lot of excellent dd here I am happy to contribute within my limited expertise.

There are two different entities on the Plaintiff side with non-conflicting yet very different interests. Honestly for NWBO I see the lawsuit as suppression fire. Let’s assume it can be proven that shares sold for an average of say $.70 could have been sold for $2.70 (a difficult proposition to establish imo). 50 mm shares x $2.00=$100mm. A significant amount if SP remains around $.70 but not worth the time imo if SP goes to say $5.00. (Assume 1.5b shares @ $5.00 is $7.5b is 1.3%). I will be wrong here since it’s a guess but not by an order of magnitude.

For a plaintiff lawfirm to recover $100mm on a presumably 1/3 contingent fee = $33mm shared primarily by the handful of lawyers who work the file - a nice return. And no one should underestimate the tenacious diligence of competent plaintiffs counsel - they will leave no stone unturned I guarantee that completely. Plus they’d have a model to sell to other OTCs and similarly-situated.

Further counsel can run the case pretty independently for the most part. They are working without fees charged to NWBO; they understand and take the risk, they are exceptional at that

CONTINUED…

[pqr]

Damages, continued

I am a defense lawyer by trade. I will tell you that I feel tremendous pressure to defend suits where a material loss is possible. Especially as I note anecdotally where, as is the situation here, an aggressive defense can result in a jury that actively disapproves of your client, and maybe, you. Contrary to the position of plaintiff’s counsel who risk their time only, defense counsel risks (depending on the client and claim) substantial assets of the client and likely here, the reputation of the client and to some extent, the defending lawfirm. And there is no real “upside” for
a defendant there is only the avoidance of a bad, or maybe really bad, outcome.

I do not agree with some who have suggested that plaintiff’s counsel would not have taken the case without a high level of confidence in a favorable outcome. To the contrary, this is a pretty unique case to my knowledge. However, given what (little) I know here, I would far prefer to be plaintiff’s counsel if I could afford to take that risk.