It’s not Advent’s “facility”. This is a subleased space, only a small portion of the facility, for Advents offices and initial specials manufacturing and for Advent to generate revenues that help to pay for the facility and generate revenues. The contracts between the company also address this space and it’s uses and we do not have all of the details and I have not parked through them again today to rebut you, but I will. I think you probably also recall that I had also described the arrangement as not just a contract manufacturing arrangement but also as an incubator space that facilitates development of Advent and NWBO and other companies in a symbiotic manner. It just happens to be that NWBO is the main effective owner of the space that is being developed. And again, real estate being what it is, NWBO controls the entire space for a long time, but it is also disposable as an asset, as necessary and can be used to develop the company as needed.
A lease agreement is going to be limited to the lease terms. A development agreement and contract manufacturing agreement is going to be specific to it’s scope and subject matter. Separate agreements, laid out on a table or in a binder, but all together, embody a deal’s entire complexity. Reading a lease is not going to give you the full picture. Nor is knowing the minute details going to necessarily inform you as to the potential opportunities that a deal may create. That all takes place at a higher level of understanding.
I realize that such an innovative and flexible arrangement that efficiently allows for capital to be allocated is upsetting to you and undermines your narrative, but that is just the reality.
I believe the company will be depreciating its investment and ownership in whatever it develops. You can try to play games with the concepts to confuse retail, but the reality is, you’re not changing any realities here.
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