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Re: flipper44 post# 207329

Tuesday, 01/08/2019 1:32:57 PM

Tuesday, January 08, 2019 1:32:57 PM

Post# of 710789
Linda has no interest in giving away anything to Cognate now, and I think it would amount to fraud and total idiocy for her to have closed the Cognate buyout including any promises to favor Cognate later. Getting rid of the 'stink' is probably the only reason that Linda sold her stake in Cognate but she did and as far as I understand has no financial interest in Cognate now. Whatever you think of it keep in mind that here they are only stating what Cognate's claim is and we have no idea whether or not any of the $ amounts listed as AP liabilities are included in the share numbers, so we don't really know what the actual settlement will be. It's been pointed out here many times that it would have been a very bad deal for NWBO to pay for Cognates capacity when in fact Cognate had been free to sell those facilities to other 3rd parties and NWBO was actually using at most a small % of what had originally been contracted. I would not assume that Cognate's claim is going to be honored in full if even at all, but I don't want to argue vs whatever you or anybody else suspect.
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