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Know-Fear

06/23/16 3:01 AM

#65183 RE: flipper44 #65182

When Kings was announced last October my initial reaction was it was a stopgap until Sawston was online. But when one gets to reading tea leaves you can postulate many other senerios around Kings.
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maverick_1

06/23/16 6:10 AM

#65189 RE: flipper44 #65182

REFRESHER:Posted ~2yrs ago ANGEL investor Four M Ptnrs (Dennis Mehiel a $Billionaire) who has been diluted to less than 5% (doesn't show in latest Proxy). Given the current NWBO circumstances, he may wish to do a mutually compatible funding to double down. Mr. Mehiel was a PIVOTAL factor in 2011 NWBO financial crisis! that allowed the resurrection of DCVAX L to proceed to PH 3.

Circumstances somewhat similiar BUT clearly much higher profile.

Perhaps even Sean Parker the Facebook/Napster $Billionaire with an active interest in Cancer is another possibility:
https://en.wikipedia.org/wiki/Sean_Parker

Since 2005, Parker has been an active donor to cancer research, global public health and civic engagement. In 2012, he pledged a $5 million grant to Stand Up to Cancer and the Cancer Research Institute to create the Immunotherapy Dream Team, uniting laboratory and clinical efforts that will lead to the immunological treatment, control and prevention of cancer.[70] In December 2014, Parker pledged $24 million to create the Sean N. Parker Center for Allergy Research at Stanford.[71][72] In 2015, he made a $4.5 million grant to support the Malaria Elimination Initiative at the University of California San Francisco’s Global Health Group,[73] and a $10 million grant to create the Sean N. Parker Autoimmune Research Laboratory at UCSF.[74] In February 2015, Sean was ranked number 5 on the Chronicle of Philanthropy’s 2014 Philanthropy 50 list.[75] He donated $250 million to create the Parker Institute for Cancer Immunotherapy, in April 2016. The funds initially went to over 300 scientists at 40 laboratories, in 6 institutions.[76]
Parker is an active supporter of groups including Code for America, Stand up to Cancer, the Cancer Research Institute, Malaria No More, the Clinton Foundation, ONE, and the "charity: water" campaign.[77][78]


https://www.technologyreview.com/s/601742/money-behind-first-crispr-test-its-from-internet-billionaire-sean-parker/

http://parker.org/initiatives/immunotherapy

WORTH A RE-READ:
From:http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118776488

From Nov 2011 8K:

On November 14, 2011 the Registrant entered into a loan agreement with an existing non-affiliate investor for a loan in the principal amount of $2,000,000. The interest rate is 6% per annum and the maturity is 6 months after closing (May 16, 2012). The loan is not convertible. In connection with this loan, the Registrant issued the lender warrants to purchase 1,052,632 shares of the Registrant’s common stock, par value $0.001 per share (the “Common Stock”), at an exercise price of $.57 per share and an exercise period of five years. The Registrant will use the proceeds for general corporate purposes, including particularly for the ongoing clinical trial of DCVax® for Glioblastome multiforme (GBM) brain cancer.

Also in connection with this loan, Toucan Capital Fund II, L.P. and Toucan Partners, LLC agreed to pledge an aggregate of 6,415,613 shares of the Registrant’s Common Stock that they own as security for the Registrant’s repayment of the loan. To effectuate the pledge, on November 14, 2011, the non-affiliated investor, Toucan Capital Fund II, Toucan Partners and the Registrant entered into a Security Agreement and Escrow Agreement. Toucan Capital Fund II, Toucan Partners and the Registrant intend to enter into a compensation agreement in due course, for compensation to Toucan Capital Fund II and Toucan Partners for their pledge of the shares.

On November 16, 2011, the Registrant entered into a convertible loan agreement with an existing non-affiliate investor for a loan in the principal amount of $444,444.44 The loan accrues interest at the rate of 4% and is due 2 years after closing. After a 10% original issue discount, the net proceeds to the Registrant are $400,000. The loan is convertible into shares of Common Stock of the Registrant at a 10% discount from the market price at the time of conversion.

On November 14, 2011, the Registrant entered into a purchase agreement with an existing non-affiliate investor for the purchase of the first $3 million of newly-issued shares of Common Stock under the Registrant’s pending equity facility. This purchase agreement is pursuant to, and will implement a portion of, the purchase agreement previously entered into by the Registrant and Toucan Partners for an equity facility under which the Registrant may issue up to $25,000,000 of registered, tradeable shares of Common Stock over a 30-month period.

The shares to be issued in accordance with the equity facility will be registered pursuant to one or more registration statements, and the 30-month period will begin on the effective date of the first registration statement. Any use of this equity facility will be solely in the Registrant’s discretion. Upon notification by the Registrant, the investor will be obligated to purchase a specified number of shares of Common Stock based upon a backward-looking, fixed price formula of 95% of the average of the 3 lowest closing prices of the Registrant’s Common Stock during the 5 trading days prior to the Registrant’s notification date. The amount of Common Stock in each such purchase transaction will initially be $150,000 per transaction, and, based upon the stock price and trading volume of the Registrant’s Common Stock, the amount may rise to a maximum of $1,000,000 per put. The investor will also receive a fee of 5% on the sales of shares under the facility when the sales are executed. The term of the agreement with the investor will be six months from the effective date of the registration statement filed for this tranche



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DoGood_DoWell

06/23/16 6:35 AM

#65192 RE: flipper44 #65182

That sounds like a lot of very plausible scenarios. A multi front attack with Woodford orchestrating a sort of paralysis at the cost of patient lives for his own benefit, and Wall Street is doing back flips to help him out.

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Doc logic

06/23/16 2:25 PM

#65293 RE: flipper44 #65182

flipper44,

Maybe you are hitting a little too close to home or perhaps someone heard a whisper but today's action is definately recording an eye twitch before the rebalancing is finished. Best wishes.