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koman

02/24/16 9:03 AM

#54913 RE: TZOR #54911

BTW I did check some of your figures and you got the sqftage of CLDX incorrect. So irregardless of my error, compensating for your error, my observation still holds that NWBO still has more space per employee (almost double) allocated. Also, I'm pretty sure NWBO doesn't have any manufacturing to spend on- unless you are talking about COGNATE. And we already hashed out the ridiculous amts being spent on R&D.

As of December 31, 2014, our significant leased properties are described below.

Property Location
Approximate
Square Feet Use Lease Expiration Date
Hampton, New Jersey

33,400 Headquarters, Office and Laboratory April 2019(1)
Needham, Massachusetts

35,200 Office and Laboratory April 2017(2)
Fall River, Massachusetts

23,400 Manufacturing Facility December 2017(3)
Branford, Connecticut

10,300 Office December 2019(4)
(1)
Lease includes two renewal options of five years each.
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CherryTree1

02/24/16 9:36 AM

#54916 RE: TZOR #54911

WOW - all these posts about office space rental costs.
It is hard to fathom.
Seems like people grasping at straws desperately trying to find something, anything at all new to paint NWBO and LP in a bad light.
Well if that is all they got I feel even better as an investor.
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Rkmatters

02/24/16 11:12 AM

#54936 RE: TZOR #54911

Thank you. That's all I needed to hear. You agree they should have found a cheaper space for our dollars back in 2008! Just because Toucan had leased property there, it didn't mean that we should. Lots have been stated on ethics, and last I checked we had a full time CEO. It shouldn't matter where Toucan was based. NWBO does not have Toucan's buying power, and we shouldn't have had to borrow at 12% interest rates from Toucan to pay the high rent.

Do you think we're paying reasonable prices now? If you already stated so, sorry, I missed the post.