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Re: TZOR post# 37648

Monday, 07/20/2015 10:57:53 AM

Monday, July 20, 2015 10:57:53 AM

Post# of 718585
Thanks, but nothing you posted says or even remotely hints that NWBO is going to be producing DCVax. Owning a building means nothing. I work in a building where my company occupies the entire building, but my company isn't on the title. NWBO - or rather a subsidiary - is a landlord...great. Still doesn't dispute my argument...in fact is supports it!

Let me help you with this arrangement: NWBO just bought a building to expand Cognate's services in Europe...period. Once AGAIN passing along NWBO investment money to better serve Cognate.

NWBO employees are not going to be occupying that building, Cognate is...and I can prove it. You need to read the actual purchase for sale contract. NWBO isn't on it, a disposable subsidiary is. Cognate - who you say isn't involved in this - is acting as the Guarantor. Why? Because they are going to occupy the building. That is why 3rd parties act as guarantors in corporate real estate investments:

http://www.sec.gov/Archives/edgar/data/1072379/000114420414069728/v393316_ex10-1.htm

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