First posted two Summers ago on Four M Partners founder & billionaire and large NWBO shareholder Dennis Mehiel. The below posts IF anybody read them would have been tipoff and why when FourPhase Tome of their TOMB came out my response was don't have the productive time to counter MANIPULATORS work by devious distortions or the other nonsense that flushes thru this board of not amply fortified mindsets:
maverick_1 Sunday, 08/03/14 05:56:56 PM Re: maverick_1 post# 16471 Post # 16498 of 45832 Go Dennis Mehiel Ownership History contained in
Self Responded Post 1484
I see him as an ANGEL INVESTOR just like how Jeff Bezos was literally very early in seeding Googles Sergei Brin and Larry Page: That initial seeding by Bezos is worth a few $BLN!
Four M Purchasers(Dennis Mehiel) is up easily more than ten fold in 3 yrs and that's before the pending DEFINITIVE NEWS.
So we thank Basin Street Blues (BSB) who prompted this rewarding excursion for the community.
Had BSB not expressed his frustrationS (post#16356)I wouldn't have posted it(Post#16367 BASIN You are NOT ALONE)
Fortunately I pride myself on recall and putting a mosaic together and even though I was late to tennis it was spontaneous thinking on my feet.
maverick_1 Monday, August 04, 2014 10:58:23 PM Re: maverick_1 post# 16498 Post # 16584 of 45832 Go Addendum to Dennis Mehiel 11% owner of 3.9 mln shs worth ~$25MLN
This part of what I posted yesterday I'm leaning towards
Changing this: Four M Purchasers(Dennis Mehiel) is up easily more than ten fold in 3 yrs
TO this: Four M Purchasers(Dennis Mehiel) may be somewhat under water with it's NWBO investment to reflect the Sept 12, 2012 1 for 16 Reverse Stock Split
Note: Until one labors through the transactions like a true FORENSIC,which I'm not inclined to currently,I rather err on the side of conservatism since it's still a very small part of his net worth and it's his business and it would NOT sway me one way or another: what is his cost basis? Regardless the guys clearly a very successful serial entrepreneur with a long term perspective as evidenced by his close to 40 yrs building US Box selling it to International Paper as well as 6 yrs with Sweetheart Cup selling to competitor Solo Cup. IMHO he won't sell until the time is right and he deems he's made enough money
maverick_1 Sunday, August 03, 2014 2:21:47 PM Re: XenaLives post# 16474 Post # 16484 of 45832 Go There is HOPE
IMHO Liken to Jeff Bezos(AMZN) seed $ to Sergei Brin/Larry Page's (GOOG)
That's why I BOLDED those two innovative ventures that Dennis Mehiel controls!
As to your comment title: Mehiel - all good so far - Lord help us, is there hope for ethical business in this country???? This man has clout and it is not purely political IMO. See bold.
That's why I selected that page back in Feb and only posted last night.
Addressing First: Dennis Mehiel Chronology w/NWBO
NWBO withdrew it's S-1 (File Number File No. 333-178740) filed with the Commission on December 23, 2011 and accepted the following from Dennis Mehiel (Four M Purchasers) Purchase Agreement November 14, 2011, amended on December 8, 2011 and January 6, 2012
From Nov 2011 8K:
On November 14, 2011 the Registrant entered into a loan agreement with an existing non-affiliate investor for a loan in the principal amount of $2,000,000. The interest rate is 6% per annum and the maturity is 6 months after closing (May 16, 2012). The loan is not convertible. In connection with this loan, the Registrant issued the lender warrants to purchase 1,052,632 shares of the Registrant’s common stock, par value $0.001 per share (the “Common Stock”), at an exercise price of $.57 per share and an exercise period of five years. The Registrant will use the proceeds for general corporate purposes, including particularly for the ongoing clinical trial of DCVax® for Glioblastome multiforme (GBM) brain cancer.
Also in connection with this loan, Toucan Capital Fund II, L.P. and Toucan Partners, LLC agreed to pledge an aggregate of 6,415,613 shares of the Registrant’s Common Stock that they own as security for the Registrant’s repayment of the loan. To effectuate the pledge, on November 14, 2011, the non-affiliated investor, Toucan Capital Fund II, Toucan Partners and the Registrant entered into a Security Agreement and Escrow Agreement. Toucan Capital Fund II, Toucan Partners and the Registrant intend to enter into a compensation agreement in due course, for compensation to Toucan Capital Fund II and Toucan Partners for their pledge of the shares.
On November 16, 2011, the Registrant entered into a convertible loan agreement with an existing non-affiliate investor for a loan in the principal amount of $444,444.44 The loan accrues interest at the rate of 4% and is due 2 years after closing. After a 10% original issue discount, the net proceeds to the Registrant are $400,000. The loan is convertible into shares of Common Stock of the Registrant at a 10% discount from the market price at the time of conversion.
On November 14, 2011, the Registrant entered into a purchase agreement with an existing non-affiliate investor for the purchase of the first $3 million of newly-issued shares of Common Stock under the Registrant’s pending equity facility. This purchase agreement is pursuant to, and will implement a portion of, the purchase agreement previously entered into by the Registrant and Toucan Partners for an equity facility under which the Registrant may issue up to $25,000,000 of registered, tradeable shares of Common Stock over a 30-month period.
The shares to be issued in accordance with the equity facility will be registered pursuant to one or more registration statements, and the 30-month period will begin on the effective date of the first registration statement. Any use of this equity facility will be solely in the Registrant’s discretion. Upon notification by the Registrant, the investor will be obligated to purchase a specified number of shares of Common Stock based upon a backward-looking, fixed price formula of 95% of the average of the 3 lowest closing prices of the Registrant’s Common Stock during the 5 trading days prior to the Registrant’s notification date. The amount of Common Stock in each such purchase transaction will initially be $150,000 per transaction, and, based upon the stock price and trading volume of the Registrant’s Common Stock, the amount may rise to a maximum of $1,000,000 per put. The investor will also receive a fee of 5% on the sales of shares under the facility when the sales are executed. The term of the agreement with the investor will be six months from the effective date of the registration statement filed for this tranche
As to Lord help us, is there hope for ethical business in this country???? As I see it:EXCESSIVE GREED is the PRIME CULPRIT w/o checks/controls HUGE ISSUES w/dominant sectors of US Economy: 1. FINANCIAL SYSTEM: Way too dominant courtesy of repeal of Glass-Steagall act which shouldn't have happened and literally allowed the merging of securities firms with that of plain old banks engendered a period of GREED with massive issuances of complex derivatives; toxic sub prime loans etc etc and put not only the US but the entire worldwide economy at risk! But no matter what I said to many I did not sway those of the peaking of real estate back in 2006-2007! save for one gifted Bible school compatriot who thanks me profusely: sold his house at the top of the SDO mkt; used the proceeds to pay off his large student loans (went to Med School) and credit card debts is an ER doc/prof. now @ Duke! 2 FOOD/FAST FOOD Cos causing growing health issues worldwide:Their UNHEALTHY brew of carb laden highly processed; sugar toxic offerings has accelerated Body Mass Index to off the charts and sets up costly & worrisome diabetes issues for even pre-teens. These 3 NYT's best sellers are worth it's weight in gold for you: 1)Eat to Live by Dr Joel Fuhrman 2)The Brain Healthy Way to Get Thinner, Smarter, Happier (2011) by Dr. Daniel Amen. 3)Clean and Clean Gut Dr. Alexandro Junger Fortunately, I've practiced most of what each of them have espoused my entire life BEFORE I even known them to be an issue! Have NO Medical Record: never been in a hospital; BMI ideal: still fit Wall St. suits! You can REVERSE lots of ailments: ie Dr.Fuhrman's program of nutrient dense vs caloric dense diet has resulted in healthy lifes of sustained weight losses as well as cured close to 30 LUPUS (a fatal auto-immune disease)patients! Dr. Junger's DETOX is critical first step to clean up our GUT and restore our digestive system to the way it should function.Finally a growing awareness by leading Doctors of alternative simple inexpensive therapies vs costly doctor/hospital visits. In a similar vein doctors are gravitating towards the benefits of restoring the immune system to deal with afflictions. That's why each of us needs to deal with it ourselves daily: by eliminating foods that cause inflammation the start of most every health issue.You will have a healthy, full of energy life instead of suffering or consequentual damages.
4.EDUCATION SYSTEM needs Massive Reform: Philantropists, especially the 1% donate typically a large part to this key area: Bill Gates Eli Broad (Kaufman & Broad) Paul Tudor Jones: exemplary commodities trader/PM and his Robin Hood in NYC Ken Langone (Home Depot co-founder) even Mark Zuckerberg (Facebook) Stan Druckenmiller(formerly Soro's Quantum Fund mgr) in 2009,was the most charitable man in America,
5.HIGHEST IN THE WORLD CORPORATE TAX RATES: known to me since early 2000 period has resulted in the acceleration more recently of corp. tax inversion strategies due to dysfunctional political system
6. Leads to why I never registered as a voter: I have better uses of my precious time vs dealing with politics: You can talk to you are BLUE IN THE FACE and it's formidable INERTIA.
A MAVERICK TO THE CORE
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Also this post:
maverick_1 Sunday, 08/03/14 12:02:38 AM Re: Evaluate post# 16384 Post # 16465 of 45833 Go Dennis Mehiel 11% NWBO Owner OWNS CXCR-4 Patent
That's my reading of what some have glossed over: I almost did as well!
So avoid getting excited and save your time and energy.
I'll post the details in the next rather lengthy post to highlight what I find significant about Dennis Mehiel a SERIAL, DEEP POCKETED ENTREPRENEUR!
