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biosectinvestor

09/01/21 6:53 PM

#399436 RE: Jack2479 #399435

They are audited independently and the auditor’s job would in fact be to point out if they do not follow their necessary policies that were put into place in the context of a shareholder lawsuit that was settled and an SEC investigation. Additionally they have said that the arrangement follows the same outline as the one that was investigated and not found to be in violation of any rules, regulations or laws.

If what you suggest in your posting were in fact true, I expect we would have found our multiple times, long ago and concurrently.

Beyond what I’ve said, there is no realistic “disclosure” beyond disclosing proprietary information, and that would not satisfy critics either. They would come up with reasons for why paying anything more than $2.00 per dose is “highway robbery”.
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Sojourner55

09/01/21 7:00 PM

#399437 RE: Jack2479 #399435

see Sawston and ultimately Advent as being entirely funded by the shareholders of NWBO.



I think we somehow forgot that it was Neil Woodford's money that financed Sawston. If my memory serves me, he injected 180M into the company which allowed them to purchase the Sawston lands from part of the proceeds. LP subsequently sold a parcel to Huawei and used the funds to equip and fund Advent while retaining the rest that is awaiting rezoning. That was a brilliant (as the Brits like to say) sale and lease back agreement for 20 years with terms to extend for another 20.
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maverick_1

09/05/21 12:16 PM

#399919 RE: Jack2479 #399435

Jack2479 re “I see Sawston and ultimately Advent as being entirely funded by the shareholders of NWBO.”

On this MAJOR allegation Jack2479 and likely way too many here “shareholders” are missing the very BASICS of “Investing 101” which is WHY this board IMHO since 2014 may have business experience BUT are bereft!

REAL capital funding for ANY public company takes place ONLY when there is either:
1)A private placement or
2)an initial public offering AND as it relates to the above ERRONEOUS assertion above,
3)a secondary share offering whether through a private placement or through a follow on, AFTER being a public company.

The KEY is whether individual shareholders participated in a private or public offering by NWBO in FALL of 2014!! to amount to the purchase of the Sawston UK facility.

Clearly there was NO secondary offering to the public!

The funds for the Sawston, UK complex was through a private placement by Neil Woodford entities that was supposed to be NWBO’s long term financier: MISGUIDED!

ALL the above is IRREFUTABLE.

Par for the course here since 2014!

So ALL the emotions here, versus professional experience since 2014 are still on full display whether small or large shareholders (HUNDREDS of Thousand’s or even many MLNS of NWBO shares is also why NWBO shares are priced where they are at!

MANY here went down with Neil Woodford as he sunk 293,000 formerly well heeled UK investors. Also BreEXIT made it a compound fracture!

NWBO has way too MANY UK investors that have had to endure thru the chicanery since 2015.
That albatross CEO Linda Powers has carried has to be overcome that I avoided.

Today’S update re Neil Woodford:

https://www.thetimes.co.uk/article/how-woodford-investors-lost-1-1bn-from-bungled-fire-sale-f29cbljwl

No one else foresaw Neil Woodford as an UNFIT portfolio MISALLOCATOR that Fell on HIS OWN SWORD that I posted on ad nauseam that all here dismissed.

This is exactly why too many here should not invest in this space!

I always get the last laugh and why I rarely post in last few years.

DIFFERENT STROKES For DIFFERENT FOLKS.