NorthWest Biotherapeutics Inc (NWBO)

[AVII77]

Jerry, Linda’s investments in this company kept it afloat during the deep recession of 2008-2009 when the trial was stopped because of the recession. You can look them up in the SEC reports.

I disagree with that narrative.

They raised $30 million in the summer of 2007 with the AIM listing (coincident with the "Swiss Approval" pump)

You now have the enrollment chart. How many people were randomized with that $30 million before the need to "keep it afloat"?

In 2007 Toucan (and TiGenex) bought the fully equipped CellGenysis cell manufacturing facility and Toucan promptly started charging ~$400k/month for use of it.

How benevolent.

(well, before that they charged a similar amount for the old Layton labs in Sunnyvale. Layton was another Toucan investment and using that Sunnyvale lab was a requirement for Toucan's initial investment in NWBO)

And, Toucan was kind enough to sublet its' entire floor of office space to NWBO's handful of employees for ~$32k/month.

Just who kept who afloat?

Looks like that $30 million went *poof*.

I looked it up and did a post on it about a year ago. She spent millions buying shares between, I believe, 2009 and 2012.

I would be interested to see that post.