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For every seller there is a buyer. Sums of shares that large in one trade are negotiated.
Who cares? Another ASCO about to come and go and without a proper layout of strategy, scheduling and $ expectations it will pass with a thud as it normally does after a brief blip up.
Time for management to put up! Why you ask? Because share price matters. It is the lifeblood of the company.
Maybe Robert Duvall should run the company. Great actor.
Don’t worry. They have two IR folks. If they hired a third you would get less information.
Got cut off.
I blame Linda.
Me too. I’ll sell at 64 cents.
The real problem is Linda’s problem that becomes our problem. At this price even with the poison pill the company is vulnerable for someone to swoop in and take it for peanuts.
If it is all solid cancer $20 is peanuts. I blame Linda for the mess.
I do not like the situation or Linda, but it is not illegal.
Some folks are too busy seeing red instead of reason.
When ADI was starting out they didn’t build their own buildings. They leased. When the grew large enough they built their own buildings. Usually what happens with most young companies.
I lived close by and when ADI started building their own buildings it was obvious they were growing. It was many buildings that took up many acres.
“what IP? What lease? what equipment? The property Advent leases is NOT owned by NWBO but by Huawei “
We own a 20 year lease and if I remember correctly it is $350,000 a year. Pretty cheap. The IP is how to make the vaccine and ship it. We paid Toucan for years to develop this method. It is in the patents and we own it. The equipment. NWBO states WE have storage for 3 million doses. It is not Advent. We own the gear and if we went through CRL, we would still need to set up our own dedicated facility.
Once again I have to disagree. Sure, she enriches herself by using Toucan as a vehicle to start Advent. But Advent is personnel. I do not like paying them 15% above cost to set up the facility and have zero clue if we are still paying 15% now after the facility has been approved. Also we have zero knowledge on what fees will be for commercial production from Advent personnel. Toucan may be footing some of that bill now that the facility is approved. Considering what little information we get, hard to make a decision on what kind of deal NWBO shareholders are holding.
But NWBO owns the lease on the building, owns the equipment, and owns the IP. Including the Eden system. If NWBO is sold all of Advent personnel can be let go and replaced with Cognate personnel through CRL or with personnel from the buying entity.
As much I dislike Linda and her self dealing, NWBO still holds all the cards with Sawston. She will just weasel Advent in as part of the sale if it occurs. It is just her MO.
The Enron thing is stupid. Different division and a different time frame.
I am going right now. Only held for eleven years to get your ok.
That is not completely correct. A buyer could take NWBO out and own all the IP, lease and equipment at Sawston. Can everyone from advent and bring in different personnel from CRL.
Not as black and white as you make it. NWBO does hold the cards for manufacturing. Also the sole owner of Eden.
That’s all well and good and a fair explanation. NWBO paid for most of it minus the personal but paid them 15% above their personnel cost. Why in eff did we need to have Toucan? Only brings more control and money to Linda. Sure as hell didn’t help us that much.
The only thing left to do is fill the well with revenue. Lots of it. The only reason to own the stock unless you are one of a few altruists. I sure do not own it for the management. They deserved to have shares taken away.
I take ten gallons from the well. Then I put back a cup to only give back at a later date. Have I lost ten gallons?
Turn yourself into a pretzel trying to figure that one out.
What planet are you from? Authorized shares went up 500 million last ASM for sale of C preferred and a 20% reward of the company for insiders.
Ok so they won’t take their shares until they think they deserve them. Count on it happening.
Well there was Twitter information about Pakistan and this technology over the weekend. Instead of Innes stroking Fife’s &$$$ maybe he could lay out the global patent strategy and marketing strategy in a PR.
But but Linda couldn’t self serve herself $s.
Oh boy. Nowhere again today. Love the PR strategy.
They count shares. Not shareholders. It is a lie even from their documents.
Wrong again
^^^ reason #101 why 90% of shareholders support this management
I showed up. I voted. A room full of less than 50 people is not representative of the share holder base.
Incredulous to hold an ASM after the last trading day of the year and not discuss financial conditions. Never seen such disregard or contempt for shareholders.
I voted zero for them.
With that many incidences, it should have been taken care of years ago like management promised. Not after the biggest day of the history of the company.
Not much to say about management’s actions except STUPID!
Nice gesture for today. My uncle was told he couldn’t serve. He defied them but lost his life in WWII. I remember him today as well as any soldier who gave their bodies for the growth of this nation. Blue, grey or green. As a nation we have learned and grown because of them.
60 cents. That was the result.
Results are in the eye of the beholder. If it took another ten years it would be A OK with some posters. For my dollars they are past their due date. What makes it more annoying it is never their fault according to them. That is not leadership.
They never own anything except delay and never provide solutions. We only find out when it happens, if it happens.
More like dim lights. A market cap of crap. People that matter with funds are in the dark.
It’s like Al Pacino. “I’m in the dark here!”
Decent rant. The COVID excuse of not getting into hospitals after the test was completed just frosted me. Like no one heard of digitizing the data when taken.
I want to hear about $. And when.
How many times can I listen to the science? And say they got something that works and could be very big.
That is why ASCO will let me down again. The reason we are under a billion market cap and no one on Wall Street with influence cares.
I used to look forward to their talks. If they do not change their style it will end with a thud. A year ago May 10 should have been a celebration. How could a company botch such an important day so badly?
It boggles the mind their ability to screw up. Sure, they will win a lawsuit but this is just doing wrong to shareholders. The moves made on behalf of shareholders are questionable at best. There is plenty of second guessing to go around.
It is a nice setup but it is also time for the company to put up. The more information the better. Talking around the fringes giving nothing concrete has led to a great deal of share price distress. I will not say there are not manipulative forces. But it is time to put the hammer down.
How do you feel about the competency of government now?
Great let’s let the competition catch up.
Wow. Someone who thought about it instead of wishing on a star.
He also did real estate deals for Trump. If you are not donating to people holding power at the time you want help, forget about it.
People relying on government largess are misguided. The money will end up going to competitors. PFE and sexy stuff like AI.
The only Moonshot for us is someone dropping trou. giving the backside. Money goes to people who reward politicians. PFE and MRNA will be recipients. Especially PFE because they are a large contributor to the current administration.
Thinking government is the answer is a bad idea. Our government funded our enemies for bat research to help kill many of the weakest of us. Then went on to tell us it was bat soup at the market down the street from the virology laboratory. And then shamed us to think otherwise.