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Thursday, 11/26/2015 9:35:30 PM

Thursday, November 26, 2015 9:35:30 PM

Post# of 701861
The patents that Force V allege were sold to various other companies do not appear to have been sold at all, but are part of security agreements, like a mortgage. I've been looking into some of the allegations made by this blogger, and started with the one I found most disconcerting...his claim that NWBO no longer owns its patents. At first glance it appears that they did transfer 19 patents to Four M Purchasers, but the event is referred to as a Security Agreement. It appears to me that NWBO put up some of its patents as collateral in 2012, when they were strapped for cash. If you go to "assignment.uspto.gov" and look up Northwest Biotherapeutics you get a list of these events. There are several cases where Toucan had NWBO patents that read "release by secured party" so patents put up as collateral were returned to NWBO.
When you look up the definitions of security agreement and secured party it appears likely that Four M and Toucan were acting as bankers. Consider the deed to a mortgage or a car. The bank's name appears on all papers until you have paid off the debt.

If anyone out there is a lawyer, I'd appreciate your input. But based on what I see, I'm convinced now that NWBO will have its patents back in due time. I don't have any info on the financial agreement and couldn't find them on the USPTO site. But I'm pretty sure Force V misinterpreted these pages.

Any thoughts, anyone?

As I have time, I'll continue to fact check Force V's allegations.

If anyone else has found blatant misrepresentations or misinterpretations, please share.
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