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HappyLibrarian

11/12/17 12:26 AM

#142576 RE: TC_Trader #142563

TC this report has one good point for NWBO management:

During the three months ended June 30, 2017 and 2016, the company made cash payments to Cognate BioServices of $0.3 million and $4.8 million, respectively. Also during the three months ended June 30, 2017, Cognate waived $3.75 million of the payables owed to Cognate by the Company as of December 31, 2016 and March 31, 2017. Following this waiver, the Company owed Cognate $21.4 million for unpaid invoices as of June 30, 2017.