NorthWest Biotherapeutics Inc (NWBO): Lol. For $300k you could have an CFO (no...

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NorthWest Biotherapeutics Inc (NWBO)

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Re: learningcurve2020 post# 97395

Saturday, 01/21/2017 12:02:58 PM

Saturday, January 21, 2017 12:02:58 PM

Lol. For $300k you could have an CFO (not accountant) too! He/she would've easily paid for themselves with better cash raises thanks to increased confidence in the company. Only one reason I can think of you don't have a proper CFO in place. Poor governance, no two ways about it. Sorry.

They had a CFO. Actually they had 2 CFO's.

The first "noped out" after 3 months. The second lasted 9 months.

I don't know if it turned their stomachs writing checks to LP for over half a million a month for cognate services. Or perhaps it was writing checks to LP for $32k/month to sublease her Toucan office space for NWBO's 4 staff.

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