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Re: kabunushi post# 405158

Wednesday, 09/29/2021 6:12:06 AM

Wednesday, September 29, 2021 6:12:06 AM

Post# of 723761
Well please feel free to provide some of your own evidence rather than continually shooting down mine….Anders and myself plus a small number of others are literally the only ones attempting to work things out. I’ve never stated that Advent has production contracts elsewhere….they don’t as yet have a license to do anything other than via the small facility in a london hospital. It looks like they are gearing up for that but I doubt they have any revenues at this point without a license.

So you understanding what I’m claiming is off kilt… it’s a mystery to me what you think I’m claiming that isn’t in black and white…you have to work it out which is what I’m trying to do. The facts are as both Anders and myself have stated. I don’t know the inner contractual arrangements but from an outsiders perspective it looks like NWBO shareholders funded a scale up of Advent including all the equipment (agreed owned by NWBO) and wages of all the staff with a company of which we have no ownership. A project mgt fee of 15% is not unreasonable in fact….but we had 11 staff in 2019 and that strictly for the purposes of project Mgt is unreasonable….as is the cash balance at the time for just project mgt….it equates to almost $500k per employee. It’s either a relationship that is as I and a small number of others claim just by looking at revenue numbers from Advent and the license to operate or it’s a perfectly excellent relationship that has not materially caused now or in the future any losses to the shareholders of NWBO. The company has created a muddy pond when it comes to this and I’ve attempted to seek genuine assurances in the interests of shareholders. I cannot find any evidence that demonstrates beyond doubt to the contrary. All I’ve heard on this board so far is a claim that the certification is in NWBO’s name which it isn’t or it’s all okay nothing to be seen here or I’ve been attacked…..it’s not want anyone wants to hear I get that…me included but everything we do know supports this theory and the company refuses to provide any clarity around this. My only hope is that they go much further than announcing the license for Advent and completely put beyond any doubt that NWBO shareholders funds have paid for a private company owned by our CEO to scale up and win contracts with either NWBO or others……but don’t hold your breath.
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