Sunday, February 21, 2016 8:19:42 AM
I posted the links to the available SEC documents (including a link to the new lease)on IV in Post 3589 on Oct 26 2015
That post is titled "Tale of Two Subleases"
What I failed to include in that post is the fact that after the first lease was terminated, NWBO paid Toucan $5k month (after they moved out) in addition to the rent on the new place (the rent on the new place wasn't paid to Toucan, but Toucan moved in with them). Subsequent filings noted that Toucan was contemplating paying rent to NWBO but the terms were not worked out. I never found a subsequent sublease agreement back to Toucan and after a couple filings they just stopped mentioning it all together. But remember, Toucan Capital was a "$140 million venture capital fund". NWBO on the other hand "As of March 5, 2007, we had less than $100,000 in cash. We are considered illiquid as this cash is not considered sufficient to fund the recurring operating and associated financing costs for the next month.". Great timing to enter into a "verbal agreement" to pay $34k/month rent.
An interesting aside; The title of my lease post was inspired by Dr. Liau's "Tale of Two Tumors". You know, where she talked about the two patients, one pronueral the other Mesenchymal and the different response observed.
Of course, the more astute among you will recognize Dr. Liau gave her talk on Oct 15 but it wasn't published on Youtube till Jan 8.
When I shared the link on IV for the video on Jan 9 in post 4421, there was one view.
So, how could I have been "inspired" to title my post "Tale of two subleases" in Oct, swearing to God (as I do now) that the title was inspired by Dr. Liau's "Tale of two tumors" if that video wasn't publicly posted until 3 months later.
NWBO is full of intrigue; FBI, CIA, naked shorts, militant longs, foreign investors, consultants w/ COI's, shell companies, mystery posters, coded tweets, lawsuits, frightened competitors, big pharma with billions to lose, evil forces battling the noble pursuit of a cure, etc. How compelling.
Another mystery post.... On Aug 15 I shared a seemingly off topic post numbered 2623 on IV about the devastating effects of a Halted trial. Of course, the news about NWBO's "temporary halt" didn't "break" until 4 days later.
Hmmmm, makes you think, doesn't it?
Am I an idiot savant as Afford might suggest?
Am I a short distorting the facts as Poor Man might suggest?
Or maybe, just maybe, there is another much more reasonable and innocent explanation. (there indeed is, and I'll share it later if anyone is interested.)
Recent NWBO News
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