NorthWest Biotherapeutics Inc (NWBO)

[JerryCampbell]

Advent is owned by Toucan, not nwbo shareholders.

There would be a conflict of interest for Linda Powers to negotiate both sales. She owns a chunk of nwbo (shares/warrants she granted herself), but controls all of Advent. I'd be willing to be that she would assign more value to the entity she fully controls.

I don't think that is Linda's endgame. She is building up Advent on the back of nwbo, just as happened with Cognate. Advent has real value independent of nwbo, just as with Cognate. If nwbo happens to succeed, that is just the cherry on her already enormous sundae.