NorthWest Biotherapeutics Inc (NWBO)

[Pyrrhonian]

Hey Doc, definitely substantially LESS than the cost of 35,000 sq ft expansion including all equipment, etc. And that was $9mm.

Or how about way less than the estimated cost of ARGS facility, estimated at $25mm for 100,000 sq ft. And it's owned by ARGS shareholders (unlike Cognate, in which no NWBO shareholder has any ownership, except Linda Powers and her family).

How can you even begin to justify the costs? Seriously doc, it's clearly disturbing.

Am I an expert on GAMP facilities? Nope, but I can easily look at others doing similar things and see big discrepancies. IMUC doing their P2 trial in ndGBM with dendritic cell vaccines for $13.5mm w/ 124 randomized and 278 vaccines made? While NWBO spends $260mm (20 TIMES as much) and gets 300 randomized? I can see ARGS spending on their own plant (that shareholders actually OWN) almost 40% larger than Cognate's planned total size post expansion and see vast discrepancies in cost ($25mm total). I can see Cognate doubling from 35,000 to 70,000 for $9mm.

Where did $100mm in CASH go?