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Re: TZOR post# 36775

Monday, 06/22/2015 7:31:04 PM

Monday, June 22, 2015 7:31:04 PM

Post# of 725420
Personally, I don't want NWBO to detach from Cognate. We've paid too much for all of that technology, manufacturing improvements, and scale to let them become a standalone company.

Right now, financially it makes a bundle of sense.
- No D&A
- No additional labor / regulations / taxes / complexity / etc. One fee covers everything. NWBO focuses on science, trials, etc.

Later on, IF NWBO is successful, I want them to buy out Cognate.
- It will bring all of the technology in house
- AND it will transfer owernship of all current outstanding shares back to NWBO. I am not an accountant, but I believe that can be considered as an indirect buyback and reduce our overall outstanding shares.
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