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Re: BioInfo post# 14574

Wednesday, 06/25/2014 9:57:21 AM

Wednesday, June 25, 2014 9:57:21 AM

Post# of 732181
Thanks for sharing that Bio, I've never seen it before. I know you are looking at it as a positive, but it certainly doesn't sit well with me. We (NWBO) purchased the facility, and we are paying Cognate, who is owned by majority shareholder of NWBO to Manage it? This is where transparency is really lacking with LP and NWBO and probably the reason for not taking questions via a conference call.

I for one would like to see where are manufacturing costs are going, it wouldn't surprise me if the costs are inflated due to having Cognate manage it. Meaning if we bought the facility then we could probably staff, manage, and run / manufacture for less than what we are paying Cognate.

Now you know why the expenses were so high to increase production capacity. We are probably paying to re-tool or tool the facility that Cognate third party manages for us?? I was wondering why the cost associated to the production increase was so expensive!

Flipper, OU, Pyr, Dok, please don't ignore this. Doesn't anybody see a conflict of interest here?
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