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exwannabe

12/02/21 2:27 PM

#423423 RE: biosectinvestor #423418

They actually have a contract with CRL, the old one has not expired


They do not.

It would have to be disclosed in the SEC documents as it was for 12 years prior to 2020. It is not.

NWBO stated in a previous 10K they would need to renegotiate that contract in 2020. They did not do so.

NWBO has not been paying Cognate the ongoing payments required under the contract.

The liability of $5M for termination would be in the financials it is not.

Your reading of the contract's expiration term is not real world. It expired at 5(?) years. The "approved" clause did not come into play as it was not approved before the 5 years happened.

Not sure what else you need to understand the contract is ancient history.

I have no problem with the idea they can sign a new contract. But if so, there is no reason to assume CRL is ready for a PAI inspection in weeks (or even months).
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vator

12/02/21 2:36 PM

#423425 RE: biosectinvestor #423418

CRL

We have no assets there what so ever.

Why would they want to get the band together again when they have a facility that will bring them better profit?

Makes little sense.