Replies to post #593357 on NorthWest Biotherapeutics Inc (NWBO)

[hoffmann6383]

What’s relevant is NWBO has funded Advent and subsidizes the company by paying the lease on space for future expansion.

The details in this narrative are all wrong or speculative without any supporting basis. For example, the above is 100% false. Advent pays for the space they use.

Also, we keep hearing about conflicts (general accusations without supporting details), but Courts have not found any issues and neither has NWBO's Independent Conflicts Committee:

Conflicts Committee

The Conflicts committee is comprised of the independent directors of the Board. The main duties of the committee is to review and approve potential related-party transactions for potential conflicts of interests or other improprieties as well as evaluate reasonableness of new transactions, prior to being presented for the full Board’s review and approval. Under SEC rules, related-party transactions are those transactions to which the Company is or may be a party, where the amount involved exceeds the lesser of $120,000 or one percent of the average of the Company’s total assets at year-end for the last two completed fiscal years, and in which any of our directors or executive officers or any other related person had or will have a direct or indirect material interest, excluding, among other things, compensation arrangements with respect to employment or board membership. Any transactions that the Company enters into with officers, directors, or 5% stockholders are to be on market-based terms, and are approved by a majority of our independent and disinterested directors, those of who serve on the Conflicts Committee