NorthWest Biotherapeutics Inc (NWBO)

[Jack2479]

We will have to wait until NWBO provide proper clarity on the situation but until then I’m just stating the facts that are known and not saying one way or the other if this is an appropriate arms length relationship. I simply don’t know the full details but I have a lot of unanswered questions on this matter with Mgt going back years. I do know that a lot of the recent funding rounds were for the scaling up of Sawston. Our cash was needed to build up Sawston . So we have all helped fund Sawston over the last few years. Looking at this as an outsider we have a CEO of one party deciding manufacturing contracts or transfer pricing to the owner of another party (and they are both the same individuals) and you don’t or cannot disclose in full that arrangement for reasons of commercial sensitivity then you create a situation which is not ideal for anyone including the CEO…just look at the situation with WeWork and Adam Neumann as an example. it would be helpful to have an independent auditor to specifically sign off on these transactions and not the appointed auditors. It will protect Mgt as much as it protects shareholders. I see Sawston and ultimately Advent as being entirely funded by the shareholders of NWBO. Now the confidential transfer price between Cognate and NWBO sets a genuine market price to manufacture DCVax…..so on that basis what price should Advent pay? Hopefully a very low price in comparison…..it’s not enough to make me want to sell my shares but it’s a niggle of mine that Mgt could address if they wanted to. Good luck and I’ve made my point and have no interest in playing ihub ping pong - it’s energy sapping.