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Re: biosectinvestor post# 657498

Wednesday, 12/20/2023 2:26:46 PM

Wednesday, December 20, 2023 2:26:46 PM

Post# of 730911

No, it is an NWBO factory, which is depreciated. Advent has a lease for a small port for offices and to provide additional services to the third parties that NWBO is obligated to provide because of the regional financing.


Advent's sublease is on the entire GMP approved portion of the facility and the phase B expansion (not yet approved). This is all well documented in the SEC submissions.

That nonsense about Advent being required to provide CDMO services in order for NWBO to get that $5M loan is complete BS. Just message board hype Doc Logic posted so often even he believed it.

Anyway, details on the Advent sublease.


Hotel Suite 1 (including C lab extension) 2,238 ft2
Hotel suite 2 2,012 ft2
Labs (PD and QC). 830 ft2
Corridors 1,420 ft2
Computer room 75 ft2
---------------------------------------------------------------
Sub-Total 6,575 ft2

Unfinished and/or un-equipped interior space:

Hotel Suite 3 2,012 ft2
Hotel Suite 4 2,012 ft2
Nitrogen cryostorage area 2,560 ft2
Plant room + electrical cupboard 1,300 ft2
----------------------------------------------------------------
Sub-Total: 7,884 ft2

Total Interior Space: 14,459 ft2



Compare that to approved GMP space from the NWBO MHRA facility approval PR

To date, the Company has developed Phase 1A of the facility, comprising approximately 4,400 square feet of the overall 88,345 square feet.

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