Replies to post #696028 on NorthWest Biotherapeutics Inc (NWBO)

[DrHigh]

perhaps Fife is no longer interested in lending and C buyers are tapped out/done buying.

[RobotDroid]

Because they have no idea how to run a company, but great at crushing shareholders.

[kabunushi]

Maybe because they already have $20M or so in loans outstanding? A loan at 10% interest with a conversion feature might have been available at a lower discount to the market but if it's convertible it would not be any better of a deal for NW. Obviously this was the best deal they thought they could get and with the stock sinking every day until volume dropped to almost nothing and it miraculously stopped sinking from the day after the terms were signed (5/29).

[georgebailey]

they’ve been taking loans when acquiring hard assets.
This deal is strange to me- it’s hardly anything, so I agree why not just stay with what they’ve been doing?
I think this deal was strategic and a precursor to something else.
I found no ties with Sarma.