But the share price is not $5 now is it? NWBO Clearly stated they are in active discussion with a large pharma to agree on the combo trials. We are hearing that any day we could receive a PR they have agreed on the combo trials .
You cant seriously assert that Linda Powers would gamble that someday the SP may or may not be $5 to then be able to sell shares to pay the hundreds of millions needed to finance the combo trials and thus sign that deal now with Merck. That's not managing NWBO that's gambling. And oh then there is also the 150 million they need to build a sales team to sell/ sales support DCVAXL. How are they all going to pay for all of that?
I can assure you Merck legal will not accept NWBO's commitment to paying hundreds of millions for the combo trial with 20 cents in NWBO's bank account.
No Linda will not gamble on a future SP to finance combo trials and thus gamble NWBO, she will have agreed to upfront payments. And yes shareholders would mind diluting another 100-150 million shares if they could have been much better off by being paid hundreds of millions by Merck.
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