Replies to post #224555 on NorthWest Biotherapeutics Inc (NWBO)

[Poor Man -]

Had to rework the 3rd paragraph from my last post, just for the sake of clarity.

Some may recall that in earlier years, payments between NWBO and Cognate were in the form of discounted shares and MFN conditions, which was the genesis of the problems with Nasdaq - those payments in shares continued until shortly before Cognate was sold.

Furthermore, there has never been any transparency over time for the amount Toucan may have received in fees from NWBO and Cognate, and the price and capital gains from the sale of Cognate. But in my opinion, the sums are considerable. Even after that practice stopped, during the final settlement in December 2018, the financial obligations between Cognate and NWBO was paid in shares. And then shares were also paid from Cognate to Toucan when Cognate was sold; again, a good sign to accumulate shares, but it does raise questions about how conflicts of interest shaped the terms of the final settlement between and NWBO and Cognate.

[iwasadiver]

But we need to be intellectually honest. LP has drawn a very large salary over a long period time for a job that I would contend -- in my opinion -- is not really full time.

Please, this is totally inaccurate. Do you have any clue what she does? Part time job?? This is about as insulting a thing anyone could say, let alone ignorant. The amount of mental stress alone would be worth what she gets paid. How on earth do you think a tiny company with so much going on could stay afloat under the enormous pressures it's faced? That is so ridiculous I can't even believe you said it. There are constant licensing issues, clinical trial issues, upcoming trial issues, approval issues, business practice issues, negotiations, etc., etc., etc., infinite and daily fires to put out while trying to stay ahead of other possible and probable developments, all the while working on the strategy and it's implementation for success.

[beartrap12]

Not quite right, Poor Man. MFN status was ended before the Cognate sale and shares returned to NWBO as part of a settlement agreement. This was a positive outcome for longs.
This is from Senti:

Apparently Nasdaq did not like certain aspect of the NWBO - Cognate relationship, as they made Cognate return some of the stock they'd received under a "most favored nation" status clause.