No they are not. The funds to fund the development of Sawston go into the asset that belongs to NWBO. That is a false assertion. The capital that goes to creating and marketing Advent is from the investors in Advent. The cost of labor up front, hiring, and all of the benefits or other inducements all come from other investors.
NWBO does not have these people on its payroll. The payment for building out Sawston is the cost of construction, which we know uses specialized other third-parties mentioned in the PR’s and would be the same no matter who was paying them, and then the costs of Advent plus 15% for managing the process as the operations and facilities manager.
These notions that get bandied about are pure false speculation and if they were true you’d be alleging crimes and looting, which you can easily go to the SEC fr but their accountants would likely note the looting in their certified accounting statements, unless they are involved too…
And what exactly monies are they looting to give to Advent? This company is not rolling in money. That is why this is being done the way it is being done. It is more efficient from a capital perspective and requires less monies up front.
But Advent does not own anything they are building. There is some symbiotic opportunity born of two companies with limited but complimentary resources, they have the manpower, labor and expertise and NWBO has the facility for the factory to be built. Adven does not have a factory or facility, but for now, to lower the start-up costs for NWBO, they can contract for manufacturing gigs in the large and unused space before NWBO is fully commercially operational, upon approval by NWBO, and the revenues no doubt will be discussed at that time of proposal. The unused but necessarily highly maintained factory will be an incubator for all the other companies that would efficiently share in the otherwise outrageous cost of maintaining an commercially operational facility with all of the employees that requires in payroll.
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