So what? It was another company. Cognate also funded NWBO for years with payment in shares, not cash, and set at the high but current then share price.
You act like investors and private equity funds having synergistic portfolios is a new or unusual thing or that it is a terrible thing, when in fact there have clearly been major benefits to NWBO, and had COGNATE been something else you’d have seen major lawsuits and SEC issues that never panned out fir those claiming them over the years. It all amounted to nothing, in reality but it benefitted the speculators betting on their efforts manipulating the share price. But such investing by private equity firms, by the way is not unusual. They often invest their portfolios in a synergistic or related manner, and in this case it was an area that did not currently exist.
It was the critics that undermined that relationship literally for their own profit, using the Most Favored Nation’s clause as a piñata and tool for accelerating dilution while pretending they were “helping” shareholders by criticizing the company and by attacking it with fake and sensationalized “scandal” mongering that amounted to virtually nothing legally but of course accomplished the share price ends of that undid the MFN clause and ultimately achieved their trading ends directly at the expense of actual shareholders. These traders siphoned money effectively from shareholders into their own pockets while pointing elsewhere. That is a kind of magician like distraction… hey, look over there!
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