Hi Danish Dude, based on recent filings, Advent generated $26M in revenue and $10M in income. That means Advent is making money without DCVAX-L on NWBO's building facility. If DCVAX gets approved, they'll make even more. How does this benefit NWBO shareholders?
1. Claim: “NWBO does not own the 1A (original) and 1B buildout. That property is under long-term sublease to Advent, and all NWBO gets from it is $145K/year.”
Refutation: ✔ NWBO Retains Control Through Lease & Buildout Ownership • NWBO sold the Sawston property in 2019 but retained a 20-year lease on 87,000 sq. ft. of the facility, ensuring its long-term control over manufacturing infrastructure (SEC Filings, NWBO Investor Statements). • The 1A and 1B buildout includes cleanrooms, cryostorage, and Flaskworks automation that NWBO funded and directed for DCVax-L manufacturing. • Advent does not own this infrastructure—it operates as a contract service provider under NWBO’s control.
✔ Sublease ? Ownership • NWBO subleased parts of its leased space to Advent, but this does not mean Advent owns or controls the facility. • The buildout is NWBO’s capital investment and remains an NWBO asset regardless of Advent’s operational role.
✔ Financial Misrepresentation • The $145K/year sublease revenue is a misleading focal point because NWBO benefits primarily from DCVax-L production at Sawston, not from lease income. • The true value lies in the commercial manufacturing capabilities of DCVax-L, which Advent operates exclusively for NWBO’s benefit.
Hey AI sleuth Advent was spun out of Cognate not NWBO Go read NWBO SEC filings when advent contract was signed So they both were related party transaction entities
• The claim that Advent is “owned by LP” is misleading. • Toucan Holdings owns Advent, and Linda Powers controls Toucan, but other NWBO insiders also hold stakes. • NWBO as a corporate entity does not own Advent, but its CEO and key stakeholders maintain financial ties. Dude in what world does Linda powers not own Advent maybe we need to look into the financials where Advent is getting money from nwbo shares holders as Linda dilutes the stock everyday!