Replies to post #692692 on NorthWest Biotherapeutics Inc (NWBO)

[theorysuit]

Is is perfectly normal for the ceo to own the cdmo while funded by nwbo shareholders? There will no path path to profitability for nwbo. I can't say the same for advent and LP though.

[learningcurve2020]

So why'd Lappin project $100M in Specials revs by 2022?

[exwannabe]

Last year NWBO paid Advent $14.9M to manufacture and run Specials. This does not include the payments for the SOWs. It has increased to that much because they now paying Advent t run ops in both London and Sawston.

One would normally expect that given NWBO pays Advent to do this, NWBO gets the revenue, Yet, the revenue was about $1.8M. Since Advent is already being paid nicely by NWBO for Specials, it makes no sense that Advent should also keep the revenue.

Related party transaction do not require conspiracies.