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ASM=Annual Shareholder Meeting
Pressure from shareholders, are you kidding me. She has enough votes whereas she doesn't need shareholders in any way, this is truly a private company just not called it.
JR,
what you say sounds right, it really does.....but it is still a guess and a completely negative one at that.
Really what you are saying is that NWBO nefariously announced either nothing or lies knowing full well the trial failed and that is a huge leap considering the risks involved. You don't take into consideration the shorters , the AF's of the world spinning negative articles overtime NWBO announced anything in order to bring NWBO down. If I were hit as many times as NWBO I too would go into silent mode, who wouldn't, what other choice would there be. So I don't think you are correct although I must say it sounds good.
This is all my opinion.
Did this clinic/doctor use NWBO's DCVAx, totally confused by your post?
I would not have a problem partnering with H knowing that Coffer Black is on the BOD, he would be able to keep them at bay and thus provide security. LP obviously surrounded herself with the right people to do the job.
Don't you think that most BP can also see how strange this deal with H is? H gives NWBO a sweetheart deal, A SWEET HEART DEAL! And at this point all NWBO announced is this deal , yet the previous PR said multiple deals in the works "IN THEIR FINAL STAGES". I think if you want BP to come to the table this is a way to do it, because if H gets to do the deal it will be history for BP. It kind of puts LP in the drivers seat. If LP needed the monies now and got it to get us over the finish line and has H to do more business if it wants or maybe the deal's done....who knows. But BP is watching and surely must be wondering about it all. It is a strange deal to say the least. I haven;t heard of such a deal with a disinterested third party in my life, this is a sweetheart deal which basically seems like amongst friendlies. I really don't know what to make of it. All I know is if I were making a deal with my wealthy wife, this is the deal I would make. Who doesn't see it this way. We got ourselves a sugar daddy maybe.
I recently did some reseacr on Mr Coffer Black, don't know what took me so long......and let me tell you that guy is impressive, I can understand why LP brought him on our team. I would want a man with his background and experience in my company if I had one too. When you look at the BOD's of some of the big companies out there, and see who these wealthy rubber stamper knuckleheads are and compare them to Coffer Black there is no comparison, he stands shoulders above every other BOD I can think of. The fact that some of knocked him is ridiculous, or knocked LP's reasoning to add him is crazy, he is a keeper and I hope he stays for the longterm.
Ex I guess math isn't your strong point, assuming none has been paid off that accounts for about half the $47M and not "that is most of the $47M) as you said.
And I just read your next post where you state "most equals anything over 50%) now that is very convenient for you isn't it. Ever think that you exaggerate everything to the negative extreme M O S T of the time.LOL
Financed what you ask?
Lets say you own a piece of land that you paid under $20M for a couple of years ago, the $20M includes the fix up costs to your own building btw. You lease out a part and have the tenant pay for the improvements, and then start having a positive cash flow. Then you subdivide it.
You then sell the property in parts, keep a piece for yourself to sell or develop in the future and lease back what you need at incredibly favorable terms.
do you simply call this a sale or is it a combo: sale,finance and development deal?
After all you raised money for ongoing business purposes that allowed the company to survive via the sale (but a strange sale it is , maybe it is a refinance) and maybe via some future partnership/lending or investor relationship.
What did they really sell, a portion of the land? And at a price 2 times what they paid for the entire package.
Come on...you try putting that kind of deal together.
I say this turns out to be a future finance deal where the buyer is going to be a lender like NW.
I wouldn't just call this deal a sale. In fact I don't know what to call it, but I love it.
You obviously don't read.
They sold a piece. And did quite well doing so.
And they financed it.
And did quite well doing so.
All in one deal.
Can we agree on this, LP didn't really sell Sawston since it retains its buildings on a long term favorable lease and 17 developable acres of land..
From June 28, 2018:
The deal, at a modest $25 million, was negotiated by seasoned entrepreneur Stan Boland after Neul had worked with Huawei for nine months on narrow band cellular IoT.
Huawei said the move would provide a springboard for a massive push in the Internet of Things arena and its growth in Cambridge has evidenced that intention.
Now the company, which told the UK government it had multibillion dollar investment plans for its UK IoT agenda, is looking to expand again. Huawei has other East of England operations – at Adastral Park in Ipswich – but the smart money is on Cambridge getting the nod for a flagship UK HQ.
Cambridge Science Park would appear to be in pole position.
With Korean business Samsung setting up an Artificial Intelligence hub in Station Road, Cambridge’s cachet as a growth platform for global technology heavyweights shows no sign of abating.
I am also told that Darktrace, PwC and Mewburn Ellis will soon have some powerful new company at the soon-to-be opened Wilkes Building at St John’s Innovation Park. That trio has taken the lion’s share of space at the building, which at the time of writing was on course for completion by the end of June.
I understand that one of Cambridge’s most innovative internationally renowned tech companies is set to join them along with a spin-out business from the world-leading Cambridge online games development cluster. Legal details are being finalised but expect announcements imminently.
Chinese ICT giant Huawei is looking to scale its UK operations – and Cambridge is understood to be high "on the company’s agenda.
Huawei has significantly grown its operations at Cambridge Science Park since entering the cluster through the 2014 acquisition of IoT pioneer Neul."
You forgot about mgmt.'s selling shares, imho although its deserved it could have waited. I remember members here said that they planned this a long time ago although I haven't seen proof of when it was planned, it sure felt crummy when they did.
Flipper,
great post. Sometimes there are those who can't see what lies right in front of them.
How can Huawei not be motivated to get in the inside tract of the potential product that would/could cure cancer i.e. DCVAX. THIS IS NO COINCIDENCE. And LP alluded to such a deal prior. Its all on the table for everyone to see, it just wasn't PRED.
Scotty,
what do you now about real estate....nothing. If the property was listed then the seller owes a commission whether the seller's agent finds a buyer or NWBO finds a buyer. I would think in order for H to be aware that NWBO wanted to sell the property must have been listed formally or informally. After all NWBO recently leased up space with tenant(s), therefore the property had to have been listed for lease, this usually gets the world out the the property is available in some way i.e. at minimum for lease. So an agent that represented H or NWBO's agent must have made contact with H at some point in time after the lease up.
Then the following was released in a 8-k 3/22/18:
"The Company is currently exploring a potential refinancing of its 540 acre Sawston UK property in view of a major new lease and actual and planned further improvements to the property. In the exploration of more favorable financing terms with mortgage lenders, one party has requested that we make public the most recent letter update of the appraisal of the property provided to us for our evaluations. With the concurrence of the appraiser, the most recent such appraisal letter is attached hereto as Exhibit 99.1."
Note the appraisal was prepared on 3/19/17 most likely for a future refinance due to the increase in value after the renting out of the building(s).
I am sure with the word out that NWBO was leasing up their vacant assets and refinancing their property
any company would really that all they had to do is contact NWBO's reals state broker and see what if something can be brokered where a refi, or a lease up or a sale or some combo could be done. Now let me ask you this, would a large Company want to get involved with NWBO as a lender/investor/partner if NWBO's financial condition was as dire as the shorts report. Well if NWBO had equity the lender would feel a whole lot better. And for the lender/investor/partner to give NWBO such a sweat heart deal, I say this because not only did NWBO make a huge profit on the land but will make a huge future profit again if it sells what it was allowed to keep. In addition the lease back for so long at such favorable terms is also stunning. Now granted if NWBO were to go by by the lender/investor/partner would own the property, and release out the building so its losses wouldn't be great but they still are giving up the first year's rent either way which is a loss, so if NWBO goes by by after the first year they resent it.
But NWBO still owns the 17 acres, if you thought that NWBO was going to go by by wouldn't you as a lender/investor/partner want to be able to take that 17 acres to help recoup the losses? But H decided to let NWBO have it. Again a crazy phenomenal real estate deal, so crazy that it makes me strongly believe that H wants in on the DCVX action in some way. It appears they can't own NWBO or partner with them, at least there is nothing PRed but if they are negotiating now or have and something is to be announced that would make a lot of sense. My take is H will be an angel investor like NW was, but H knows that LP won't screw around since it can see what happened with NW so it is going to get in at a safe distance.
They have the money, they have the motivation and now they have the opportunity which is huge. Perfect timing and maybe all due to the broker representing NWBO who earned the customary 1% (in the U.U. 1-1.5% is the norm, where the higher the price the lower the commission so 1% sounds about right).
This is all my opinion. If you were to believe that NWBO was a success in the near future and needed to build out a piece of land and that piece of land was ideally located and you were able to not only lend NWBo money and own land right next door, as a real estate developed wouldn't you go for that big time.
A sure win win. So the profit you just gave NWBO in the purchase along with the lease back pays off since your land is next door and will be worth even more. Forget what NWBO paid for the land, it was a steal then and with the appreciation and development and lease out it skyrocketed.
Question, you said $47M of new cash in the coffers, how come you didn't subtract the liens on the real estate, I do when I sell?
The 17 acres that NWBO kept was genius!
It is composed of 7.87 acres of undeveloped Brownfield land & 8.8 acres of developable land with planning consent to deveole a 163k sqft warehouse.
Of the 24.17 acre developed land they get to lease back on 2 longterm 20 year leases at favorable terms existing offices & distribution facilities, with zero rent for first year. The rest of the 511 acres is undevelopable. Pretty amazing eat if you ask me.
Kiwi,
can sounds like you can see the sky falling....guess what it isn't. Trump will replace Matis and in my world that is no big deal. As far as Powell goes, he should be replaced but Trump is probably just threatening and won't have the courage to do it. Powell is dead wrong and he should go but most are wussies and are afraid if he does due to undue influence by a business savvy non-political wild Prez.
Contemplate this:
the land LP purchased so artfully was probably one of the largest and best located tracts in the Biotech there at this moment in time. She would have wanted to build out her dreams and develop the rest of it for Biotech purposes to match what is being developed in the surrounding areas. But her cash position changed when NW took her down.
With this deal so many problems are solved and she gets to still build out her dream in the near future.
In order to redevelop the property according to her dreams in the biotech world she would need a huge loan and she just found her NW in H. A 40 year lease will cover her lifetime and then some, she has made a brilliant move, she gave up nothing and now has a friendly lender and possibly partner (I strongly believe H will be her new NW and future partner in a number of areas). This seems to match that PR where she stated she is getting a multinational multilateral financing partner.
I strongly believe the on,y thing that is being waited for is FDA approval now that she just received present funding and has a source for future funding, she has so many options its brilliant , all due to a real estate deal....think about that. That is why her last few PR's have hinged on the real estate aspect, as certain hint for the wise shareholder.
The fact that current pps doesn't reflect what I am saying is meaningless, you can't educate the market all the time and she probably doesn't care to until the right moment....but its inevitable.
Anyone who posts that DCVAX has failed its intended purpose in the trials is deluded. At this point one way or the other NWBO's future is preserved and will shine, when I don't know and that is the question, but LP is certainly lining everything up in brilliant fashion. Owning 17 acres and having please on the buildings at favorable terms for 40 years is incredible. The 400+ acres were beautiful but worthless building wise. And the problematic toxic site is the norm for the area, when old industry and water met. It is far enough away to be out of sight out of mind. Typically in the U.S. the original owner who polluted the land/water is ultimately responsible or the inheritor of the land. In this case the land will be dealt with at some point in the future but who is ultimately responsible and how severe it ends up isn't known. But I can tell you this is no superfund sight, now here close, this is the typical pollution that comes with this sort of location, not a big deal by any stretch of the imagination.
I have a neighboring site next to my land that a hospital built in the 1960's sat on that caused pollution via asbestos and medical waste and oil on the land. It was cleaned up in a short period of time and townhouse are now going up over it. There was an aquifer under the hospital that supplied water for the City and it was resolved quickly and easily. No different than this site I can venture a guess.
If this Chinese Co was interested in getting some prize winning land in a Biotech mining field for future building development they found the right piece. It is a win win, Nwbo get cash from a sale of excess land and gets the right to remain there on a long term supposedly favorable lease They also get to keep a large parcel for their own future development or sale. Remember the only way to for NWBO to retain some of the land is if the land previously was subdivided or recently and since NWBO isn't a real estate development company I bet they kept a pre subdivided piece which is brilliant on their part. NWBO got the best of both worlds, got their cake and get to eat it to. LP was brilliant with this one from the moment she bought the property. Right now all she did was offload excess and at a premium because she bought a huge tract at rock bottom prices, leases the buildings for a long term favorable lease probably on land that wasn't subdivided and keeps some of the previous subdivided lots or some other imaginative parcelling.
I don't believe though that LP wold be partnering to a Chinese Co that is known for stealing tech trade secrets. I believe that LP is still gia motivated and thus the necessary acquisition of non dilutive funding.
I am also sure it was a long drawn out negotiation. Now the Chinese Co might have done it to get it on the good side of LP with a penchant for land in the best Biotech areas in the UK but I just can't believe after dealing with NW that Lp wants to deal with this untrustworthy company. However on a buy out or as a financier where Lp is in control who knows, still a win win for both sides if they do something together.
This is all my opinion.
So has LP told us everything, remember the hint of a multi national multi level financing etc deal that she was working on. Is this PR everything or is there more.I am thinking that she is releasing partial PRs. A foreign company that has an interest in Biotech makes a sweetheart real estate deal giving LP what she needs to get over the finish line............hmm does that sound as simple as the PR?
Me thinks this foreign/multinational company wants to do more or is doing more and the details aren't worked out just yet. But there is great motivation by way of this deal to show that more has to be on the way. This multinational company could easily become another NW benefactor or motivate others to invest/buy etc.
All excellent and accurate points. Sounds like a smartarse deal by yours truly LP.
I loved reading what you wrote. Sounds like a great award winning article..........and yet I am still in the dark....since 2013 and feel like I have been led along and played with and mindf@cked. I desperately want to believe it since I have so much at stake. And yet here it is the end of another year and we really don't know much. Sure all you say makes sense and then again it could all be interpreted another way.
I hope you are right. What ills me is that way back in 2013 when mgmt had anything remotely positive to report they did it and I mean anything and now I feel like I am in th middle of some sort of mind game. And for the past 2-3 years it has seemed that LP played right into the hands of the shorters and LG just repeatedly placated shareholders with stories of streets lined with billions of gold.
Again great writing , I sure hope it is content over form and we all win. Cancer can use a powerful enemy to wipe it off the face of the planet.
Haven't you heard that is found in a number of trials and it turns out that it can hurt us.
Do you ever really listen to what Dr LL says? Why is it that Only Dr Ashkan says good things about DCVAX, where are the other doctors spouting the same? If I said to you that trial failed to meet endpoints but still looks promising under certain situations, how would Dr LL speak differently than she is now. I haven't read anything phenomenal coming from Dr LL's mouth, have you because I would be interested in hearing about it.I sometimes wonder are their members here fooling themselves or just trying to fool me.
This is all my opinion.
Its fascinating when you realize that I would be shouting from the rooftops for everyone I know to buy NWBO if I only had faith in mgmt. That simple but I can't ever make out what they are or are not reporting/saying. I guess that is what happens when you have attorneys running a biotech company.
This is all my opinion.
Blue,
I am sure you are most likely correct, probably wishful thinking on my part. But the investor is an ally that is for sure and a big one at that who either hails from the UK or also connections and a comfort zone there.
Stock went down 3cents on Friday after news of the close of the real state, could it be that the market believes LP is selling all assets of NWBO to pay off debt so her new company can flourish debt free?
Just an opinion, what say you?
How good of a caretaker of NWBO has she really been, sure I know you are one-sided but can you also look around the corner to to see the other side, again just posing the question since I haven't felt that she cares about NWBO since 2013
Just my opinion
It very well could be.
Here is my take.
A real estate deal of this magnitude closing this fast, at such favorable terms make me think that whomever is the buyer must be a friend of NWBO, be extremely familiar with the location and have not only deep pockets but familiarity in the field of biotech. Hmmm I wonder who that sounds like especially if the beer is uncomfortable investing in the company directly via buying shares for some reason.
With all the above taken into account the beer seems like a chap from the UK, involved heavily in biotech and is very very familiar with NWBO.
If it isn't Neil then it is someone that NWBO knows intimately.
This is all my opinion.
BTW the UK Sawston deal closed today.
I have been in real estate for over 30 years and I have never seen a deal described such as this was. When I am involved in a sale, or see them the words used to describe the transaction is SALE, the spelling of the property, and a seller and buyer come together. I have never heard of a deal described as a TRANSACTION, and the words FUNDING or FUNDING of GROSS PROCEEDS used either. This does not sound like any normal sale that I ever heard of. Also mind you a lease back of the buildings for 40 years at favorable terms also is wild. This absolutely sounds like the buyer is a friend or a future business partner or a combo etc. The closing also took place incredibly fast imho.
I like it.
This is al my opinion.
Tasty,
you are talking to on deaf ears with Marz. If you listen to him he can straighten out every problem.......only after the fact........and still be wrong. Heck he wants you to sell sahara of AMRN and stick it into NWBO. What does that say about Marz's genius?
Mars, great Monday armchair quarterbacking.......really does a lot for everyone. Great point.......thank you next.
and what would that be Chris?
Such a continuous teaser.
Isn't interesting how the company's news release is written "Undilutive", but when ever there was a dilutive financing or toxic financing the company never stated it was, I wonder why.
That I believe would be great news, but tell me why nothing is severs spelled out for us? Why do we have to opine here 24/7 as opposed to telling us exactly occurred. Everyone has an opinion, we read them every day here, no one is wrong or right, we just never know.
For a bunch of lawyers one would think that every word would be succinctly written as they do when they are loaning the company monies or receiving tons of free shares but when it comes to actual news for possibly the shareholders its all cloak and daggers, Can you blame me when I say I just can't trust anything this company says?
I have waited since 2013 and am still waiting, and still accumulating....needless to say my family believes I be crazy and is preparing to take away my ability to manage my own estate....an estate solely composed of shares of NWBO.
This is all my opinion.
Here is how I look at the real estate deal. Yes it could have been done at any time previously, since it is obvious it went to another related party. It is no coincidence it went for the balance sheet valuation, not a coincidence. i always felt the land was worth a tremendous amount due to its LOCATION LOCATION LOCATION, so I hated to sell this great asset and at such a low valuation. It feels they just gave it away under another sweetheart deal. It reminds me of when Cognate was sold ,and LP received funds and now probably buys the real estate for a song. It sure feels like valuable assets are being stripped out of NWBO's hands by friendlies under the guise that NWBO is desperate for cash. It seems like the only alternatives is that mgmt does toxic outside funding, toxic inside funding or selling assets for a song.
This is all my opinion.
And so if we go to .35 or even a stretch to possibly.40 ,just bread crumbs for us while mgmt and friends get piles. Remember not everyone here bought in at .17 over the course of this company's existence. Troubling when new shareholders celebrate when our share price rise .05, what a poor excuse for knowledge of history.
We shareholders are treated as crap imho.
This is my opinion, but I cannot trust what I can't see, and what I see I don't like.....yet. I have fears this sale could be a sale for mgmt and friends to be paid back. I need proof otherwise, and I only feel this way because of what has gone on previously.....I need proof that we are looked out for.
This is my opinion.
In normal situations I would agree with you but in this particular situation how do you know?
What happened with WF's monies? What happened with all the bonuses? What happens with all the friendly loans by insiders and the shares they get and the interest they get along with their short term due dates?
All my opinion, but without governance and news and transparency how does anyone know anymore armada to feel comfortable?
All my opinion.
FYI I took CoQ10 for years, did absolutely nothing for me from no lowering cholesterol to zero muscle enhancement, me believes you are fooling yourself.
Why don't you just do it?
No, 1.3M was yesterdays action.
Excellent!