Flipper, it is much more simple and you know this. You also know the implications and I understand the silence. Nonetheless, I'll give some of the others a hint.
Cognate provides full development and cGMP manufacturing services to companies and institutions engaged in the development of cell-based products.
Linda Powers is in a race against the clock. She must complete as much of the UK remodel as possible in the coming months with NWBO resources. I believe that is what the recent financing was for. I think we could see one or maybe two more financings on the way down. There will come a time in the near future when Cognate will need to step in as the guarantor of the mortgage. Hopefully the facility will be very close to operational when that occurs.
I hope you don't have much money wrapped up in this flip. I have an increasing concern about nwbo's ability to continue. Predictions for terms of the next financing? This has been and will continue to be a great real life example of the effects of toxic financing for those here who are unfamiliar with how it all works. Have a great day!
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