so what? Can you spend this kind of money and come up with an Advent or Toucan?? Is there someone whom you know can chip in money to build such plant and get you and me the shareholders rich and the patients cured?? Is there anyone out in the world wanting to try while we are still hoping to get the regulators approve this DcVaxL?? If it is a proven or already approved platforms, I can understand all you speak that some big guys will come forward to build such a plant. In the absence of not many, what can you do? You should appreciate what is happening if you are a true long.
Right, that’s another problem. There’s no way to make a case that the disposition of those assets are at arms length. Ideally there should be a buy-sell agreement for those assets. But barring that, Advent could easily — at the direction of LP— take assignment of NWBO’s lease and purchase the depreciated value of those assets when the time comes.
NWBO bought the assets and pays the lease, but doesn’t have an equity stake in the use of those assets - the value for the use of those assets entirely accrues to Advent.