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Re: Jack2479 post# 399435

Sunday, 09/05/2021 12:16:36 PM

Sunday, September 05, 2021 12:16:36 PM

Post# of 716116
Jack2479 re “I see Sawston and ultimately Advent as being entirely funded by the shareholders of NWBO.”

On this MAJOR allegation Jack2479 and likely way too many here “shareholders” are missing the very BASICS of “Investing 101” which is WHY this board IMHO since 2014 may have business experience BUT are bereft!

REAL capital funding for ANY public company takes place ONLY when there is either:
1)A private placement or
2)an initial public offering AND as it relates to the above ERRONEOUS assertion above,
3)a secondary share offering whether through a private placement or through a follow on, AFTER being a public company.

The KEY is whether individual shareholders participated in a private or public offering by NWBO in FALL of 2014!! to amount to the purchase of the Sawston UK facility.

Clearly there was NO secondary offering to the public!

The funds for the Sawston, UK complex was through a private placement by Neil Woodford entities that was supposed to be NWBO’s long term financier: MISGUIDED!

ALL the above is IRREFUTABLE.

Par for the course here since 2014!

So ALL the emotions here, versus professional experience since 2014 are still on full display whether small or large shareholders (HUNDREDS of Thousand’s or even many MLNS of NWBO shares is also why NWBO shares are priced where they are at!

MANY here went down with Neil Woodford as he sunk 293,000 formerly well heeled UK investors. Also BreEXIT made it a compound fracture!

NWBO has way too MANY UK investors that have had to endure thru the chicanery since 2015.
That albatross CEO Linda Powers has carried has to be overcome that I avoided.

Today’S update re Neil Woodford:

https://www.thetimes.co.uk/article/how-woodford-investors-lost-1-1bn-from-bungled-fire-sale-f29cbljwl

No one else foresaw Neil Woodford as an UNFIT portfolio MISALLOCATOR that Fell on HIS OWN SWORD that I posted on ad nauseam that all here dismissed.

This is exactly why too many here should not invest in this space!

I always get the last laugh and why I rarely post in last few years.

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