NorthWest Biotherapeutics Inc (NWBO): Disagree. Flaskworks is tiny, both in...

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NorthWest Biotherapeutics Inc (NWBO)

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Re: exwannabe post# 346215

Saturday, 01/09/2021 7:01:24 PM

Saturday, January 09, 2021 7:01:24 PM

Disagree.

Flaskworks is tiny, both in assets and employees. It is barely material to nwbo. Assign a value to the assets. Create a goodwill account for anything else. Start depreciation of the assets and amortization of the goodwill. Done.

There is no requirement to restate historical statements for acquisitions. Bringing Flashworks onto nwbo's books is a one time exercise of minimal complexity.

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