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I totally agree and have stated this theory many times. Silence means acceptance in my world. If one wanted to buy back the rest of the company at low low prices they would do just as they did, this is a technique that I have seen where they can buy cheap shares or they can buy it at the brink of bk or after. If you know that something is going to be a hit in the future and you can own it again like a private company so you can do what you ant with it, the course that they took is the prefect storm. IMHO they allowed the value of the company to decline taking advantage of every situation thrown at them to own 100% of the company eventually privately. This is my opinion. Case in point I have used this strategy myself when having partners who don't have the same goals or who don't do as they are told i.e. don't coop.
I am negative because I not only have a right to be but I am pissed off at where we are trading and listening to all the dog and pony shows of broken promises for the last 2 years.....so sue me.
I am glad that NWBO =Cognate because I understand how it is a great benefit in so many ways but I don't like it when it appears the NWBO is given the short end of the stick monetarily wise since Cognate appears wholly owned by non shareholders.
I am sick of members here spouting how one shouldn't begrudge a company for working on a cure for cancer. When you take a company public from private then you are agreeing to abide by certain business standards that protect shareholders otherwise don't go public. I have had melanoma and my father died of colon cancer so don't think I am incapable of knowing or understanding what cancer is all about. But it pisses me off when members here use that as justification to seemingly rape and pillage its shareholders. Or when members here say that LP can be completely trusted because she has had family members die from cancer......we all are impacted by cancer and just because someone is touched by cancer does;t give them a green light to do anything to get ahead even if it is possibly destructive to their shareholders.
Lets get hit straight, NWBO is Cognate and Cognate is NWBO, with just a chalk line drawn down the middle of an office and 2 different corporate tax filings. Come on guys, this is done all the time to offer asset protection and take advantage of business tax reporting and maintain ultimate controls with regards to intellectual property. Cognate is NWBO's manufacturing arm, split off when the time was right to take advantage of all the benefits afforded wench a company splits itself off.
If anyone thinks it is really two totally different organizations with different owners you gots to be kidding. This isn't like Microsoft and Apple, know what I mean where one company doesn't know what the other is doing and is in competition for one another trying to get the advantage of the other with completely different employees and wonders etc.
But if you want to believe that they are two completely different companies that is fine with me. Wait until they split in half again to take advantage of another corporate function that benefits them and hopefully us.
That told us a lot....any other cryptic messages would be even more appreciated Doc.
But that poster who has been here 2+ years (like that matters in any way, what you think only new ones distort things) put out there his conversation with Les and the $50M in the bank, pretty critical and important facts if true and then split for the weekend not even checking his work. Then 2 days later comes back and says opps he didn't mean to say $50M even though he proved that it was by calculating it when he first wrote it. Now if that isn't intent of some sort I don't know what is, after all he was basically quoting Les the first time. How do yu quote someone and then unquote someone just because other members not privy to the personal cnversation prove he is wrong in his calls. Kind of says he tried to spread something in my book that may not be entirely factual to get his own agenda across. That and the fact that Les is a seasoned attorney who knows the game better than anyone here of what he can and cannot say privately or publicly. you think Les is going to risk his skin for anyone here?
It sure seems that way to me too. It would make total sense that Doc was affiliated with NWBO and is trying to spin this in NWBO's favor by getting the shareholders ready for an imminent dilution and at the same time attempting to spin the dilution as protective to LP i.e. and thus positive for shareholders. Even though any dummy can see that it wouldn't be and that LP has her self insulated with multiple lines of protection while leaving shareholders out in the cold imho. For doc to come on here and write this stuff is just so blatantly ballsy it makes my head spin. What a bunch of hogwash. and to top it off saying that NW will join the conspiracy for his benefit to......wow. If NWBO doesn't have their ducks in a row now they never will, they already have blown thru an amount pretty close to what that new Immunotherapy fund that was recently announced amounts to. I am very bummed reading Doc's nonsense.
FB,
look I hope you are right. I personally would love it if someone here was finally able to predict the future of this stock. But at the same time I don't want to see you lose any credibility if you are the real deal. We have had soon many cheerleaders here that I am doing splits.
FB,
100k volume after over 35 minutes of trading with zero price rise. Do you agree that you overstated your Monday overzealous prediction?
Frank let me be blunt, as much as I wish you would be right, the companies now chatting up NWBO are typically ignored and have little credibility. Your error with NW, resisting a year old PR was pretty damaging to your credibility too btw although anyone can make a mistake, coupled with your wild are projections make you look more like a intuit than a financial guru of sorts. How about tone down the message and have a wait and see attitude or no one will believe anything you post. Kramers supposed views don't mean anything unless a stock has legs and having Kramer sow on legs like Frankistein doesn't cut the cheese.
Edited to add, it is 7am Monday and after 30 minutes of trading from opening bell it looks like any other day in paradise if you ask me.........so where is the torrential volume Mr Blunt?
Editied to add, or the dramatic price rise that you predicted for this am based on your notable RESEARCH?
This board has become the extremist message board imho. Either total pro or total con and nothing in between. I am straddling, of course I want to go and go big but I can't seem to figure out mgmt's intent and strategy. It is almost like the trial is totally pro and the mgmt is totally con if you know what I mean.....rather odd tis ay that but it is what I see even though writing it in the same sentence is seemingly ridiculous and yet it is what it is imho.
Well I noticed the last paragraph due to your direction and I am wondering how you are interpreting it because I see nothing that says anything related or definitive about NWBO. He mentioned NWBO prior in the middle of the text.
When I see LG speaking privately with certain shareholders and btw I do realize that this is hearsay and LP saying words like all or nothing even when she owns/takes more and more as time goes on ultimately making us the one who might be holding nothing I can't help but get an upset stomach that something is not right with Camelot.
I feel that I am being manipulated/set up for failure or the acceptance of a morsel. I do get the feeling that it benefits them to delay and delay and delay, sorry but that is how I feel.
At one time LP said she would shout it all from the rooftops, and at other times she would PR anything and everything and of course later being pummeled for doing so, but nonetheless she PRed any tidbit she could and typically right before funding needs. When looking that the last two dismal rounds of funding and coupling that with all this hoopla from the cheerleader squad I get the feeling are days are numbered. And when you add the abrupt turnaround on NW's support, how critical and fortunate we were when he climbed on board and off awful things became when he abandoned ship I have to ask myself what do we really have other than a pipe dream. Where are we and how does our future look........it appears bleak to me... All or nothing is the usual company dialogue and that isn't very confident imho.
It appears the cheerleading here has started again, so a $250M shot in the arm to immunotherapy in general is something to celebrate, when NW gave more than half of that directly to NWBO?
Overtime Immunotherapy makes a headline there are those here that cheer relating it to our company but if a company is mismanaged it doesn't matter what the headlines are that day. If a company has a great product but either can't bring it to market because of ineptitude or increases owners wealth at the expense of shareholder wealth what is the point of being a shareholder in that company. We already have heard that all measure are not he table to survive, and when you look at the landscape, the anti-dilution clause, the monies being siphoned off from one company to another related company how can you sit comfortably watching an impeding implosion in your ownership position.
Take any other company, for instance APPLE, Tim Cook was grilled for far less, and what about Facebook, the kid was lamblasted for imagining far less. Does our CEO walk on water where everything she touches turns too gold?
If the study is terminated and NWBO won't have to report results I would like to hear from the members here how they would choose to interpret (or spin) that now if it happened today,
Thanks
My concern is that LP is so strongly willed that she will surely try to help to cure cancer (which is great thing) but at the extraordinary measures that she will go that she will choose dilute us and enrich herself since she is controlling the throttle here. So you have to ask yourself is it beneficial to invest in such a company that truly cares about the patients and the owners over the shareholders.
Incorrect. This isn't a change in cash that is significantly material. Cash changes all the time, what is the definition concerning NWBO that would classify this as significantly material change? Imagine companies reporting changes in position of cash on hand all the time, this is exactly why they report quarterly. Since they already had X$'s and now it is X+Y$'s then Y$'s isn't very significant at all. Now if it were $180MS's that would be a different story.
Maybe Les gave us another (huge under the radar) hint, the $M's difference could be income realized/earned.received. And that also means that negotiations could be further ahead or over and additional income could deb coming in. If you are certain that the numbers add up to a lot less he might have just given us a huge gift, that would deb the only thing that truly makes sense and something that he could state.
What LG told Hwy is basically public. We learned of the partnership/collaberation yesterday via the Docs, just verbally confirming it is no violation of a public fact. Stating all is fine with NW is his opinion and is also a verbal confirmation of what we already knew since NW has't sold anything and publicly made positive comments about their investment in WNBO and NWBO's actions taken. Verbally discussing/confirming a projected/approx burn rate or projected cash/approx cash on hand verbally is also no biggie and something we can simply do ourselves.
You guys who rush to judgement to hand our own obviously show your true colors. We had a tiny spike all you naysayers tried to quell it, and did a good job today of removing yesterday's momentum. Saying you hope NWBO does well but bashing it in the same sentence every single day and doubting everything is not good for NWBO.....now you already knew that but I have to publicly call you all liars too.
I am so long that I can't stretch any more. But I won't get cocky with a .15 rise on 2.5M shares trading. As much as I dis-respect Austion I want to be sure that this si the beginning of all runs. But .15 isn't anything to write home about and tomorrow it could drop .30 so I will not fill better until we are back at $12. Obviously rumors are flying but that could help investors dump too, right, sell on news. And we have a long way to go. Also at theses discount rate prices 2.5M is nothing for a big one. We must keep everything in perspective.
DOn't get me wrong, everything that has been discussed sounds great but I am sorry as far as I am concerned a couple M shares trading and up .15 is bupkiss.
Have you ever been involved with attorneys, in a lawsuit or an investigation? When attorneys are involved everything takes longer because it benefits them to delay and paper to death the opponents. A 3 month estimate is only an estimate. When has LP ever met her projected timing estimates. It is always
typical for any estimate based on negative subject matter to be estimated on the low side.
How about looking at it all from this angle:
Maybe the recent payoff of the so-called loan was because the investigation is now over and they are correcting certain things that they messed up on. All companies make mistakes and this is no biggie either.
Check out the Phase V website a month before lambasting NWBO they do a tiny write up on Alcobra probably to make it look like they do it on any company that crosses their radar, yet 2 tiny snippets on that company and the balance on only NWBO and then silence nothing written once the did their hit pieces and the damage was done and the investigation was started. Interesting I would say. Now if they performed their supposed governing/overseeing task on the multitude of biotech out there like their guidance says they do and was still an ongoing concern I would think it would add to their credibility but from where I sit it is obvious they were set up to be a one trick pony.
After all that we have endured, are we going to let Outsideline dictate what is fit to print!
Same here, and I am only allowed to post 3 per day. Far and balanced as we go;)
Ciliate doesn't know reality, he will support his always negative view by stating the obvious fact, in this case telling a member that the letter of the law states if you abstain it is not a positive when in WNBO's situation, being a company owned by LP & CO in a majority were votes do not matter in the least that NW must follow the letter of the law to prove his point even though it doesn't matter in NWBO's case. Ciliate is an interesting member that is all I can say, very interesting.
It is rather simple how they come up with what to charge . They simply check out prices charged in the market (if there is none then they decide on a huge number justifying by hanging on the premise that no has done it or can do it like they can) and then increase it by what ever amount they desire since it cannot be an arms length transaction and the board members are hand picked by the owner to side with the owner imho.
Time is money AF, so why are you still strutting your stuff here and why is it you never respond to those who have asked you to explain your pompous stock picks that have not born put repeatedly. I can't wait until you fade to black.
Sorry I don't buy this.
Please show me exactly where NWBO said that THIS was good and not bad, if my memory serves what they wrote was not specific but vague and many here the vagueness written purposely as attorneys do made sure that it was written in a questionable way where you couldn't be sure that what you thought or hoped was positive may not be. Please quote them and show it and interpret for me why don't you.
As to NW's quote, what else do you want him to say when he has more than you and I will ever have invested and more. NW said enough bad things to sink a ship and yet you choose to remember the ONE possibly good comment, notice it was also very carefully written so not to get very excited about it, very diplomatic if you ask me. But please show that one too and your interoperation compared to all the negative things he said which you aren't showing/comparing it with.
I want to believe but can't stand cheerleadingship.
Them being lawyers is probably what is wrong with the company since they did nothing to combat the naysayers until NW forced their hand. They knowing what they know can only hurt us imho and especially given their backgrounds understanding how to playing in the financial world. I wish they were doctors and businessmen. And when they supposedly hire attorneys then we get billed to death. A no win for us unless the science works and if it does then we have to worry about dilution, but you can bet your last dollar due to them being lawyers they will be protected. In essence this company can't get more lawyered up than they already are and it puts us int he weakest position. I never want to partner with an attorney again.
I have to agree with what I am hearing here, it makes much more sense that there is positive news forth coming then negative. But be that as it may NWBO could have done a much better job PRing something than going silent even though they didn't know how long the silent period was going to be ahead of time. They have always thought and said things would take a shorter time than it ultimately did but saying zero is foolhardy and helped put us where we are today and increased dilution substantially.
I don't care what the naysayers would say if NWBO said something because it is far better than nothing.
Does it matter. NWBO has had one of the biggest venues at ASCO for the last two years and little to say i.e. form over content. So all the parading they did got us to $1.40 and a huge investor who feels blindsided. What should the hugest booth get us this time around other than a huge bill?
I believe in the science, just don't know if I believe in LP's science.
I believe LP is incredibly smart and calculating , just don't know if it serves us the shareholders or her best.
I believe there is a hold, I just don't believe if it is a good hold.
I have read every PR that LP has released for the last 2 years. If there was something positive LP would make sure it was shouted out no matter what the market said, no matter who the detractors were. I wonder about what is going on now, I wonder if she is using all the negative for her own benefit rather than the shareholders.
A company is made up of many elements, but for me the two main ingredients are producing a product and getting it to market that is one and effectively supporting the pps. Hopefully doing one and not the other is doing half the job. When you have your family and friends owning most of the company and the balance the shareholders and when you allow for dilution to occur and to hurt the shareholders but not the family and friends by way of having an anti dilution clause you create a toxic situation where only they benefit at our expense so even if they are successful at making a viable product they ultimately win and we lose. So we lose either way. What is their to root for anymore, if DCVax works we lose and if it doesn't we lose but all along LP & Co stands to live and get paid another day with another product added to the assembly line. The genius is her developing an assembly line of products i.e. playing the game int he biotech arena. Now that is what she appears really good at. This is all my opinion . Blast away at me, why don't you all.
Of course it is 90 business days.
Why can't NWBO ask Cognate for some of the unrealistic transfers to eb returned, they got it toggle. And if LP & LG & company withdrew/distributions from Cognate then they should give it back. The $180M has to be somewhere?
Flipper the date is not April 16 2016.
And what you just wrote isn't rocket science material, so why would the SEC grant an approval if your rocket science was correct? Wy would the SEC grant an approval of confidentiality knowing that an investigation is ongoing and covering I assume the exact agreements that the investigation is covering.
You just ignored that aspect didn't you to try to spin it to the negative.
I hope you are right but here is one rebuttal. Isn't true LP/LG stated in their PR from awhile back now that there are some trying to turn good news into bad, if your theory of absolute radio silence is correct that message would have never been released. And if yo are thinking that it was so incredibly informal then mgmt could have continued in later PR's with equally as informal/hint like messages to ease the concern.
Please allow Avi 24 hours to bone up on doing the research, he will be an overnight expert in no time and have a 1000 page answer copied for you written by others after all he is staying at holiday Inn.
Sometimes it feels like Avi is really a group of guys trying to research answers rapidly to further their cause, always with a negative short squeeze play........interesting
This is a fact:
Avi, Pyr, Koman et al are paper experts when compared to the Linda Liau's of the world and her compatriots there is no comparison. The one in the trenches actually studying MRI's and operating and prescribing are the ones int he know and the others I previously mentioned are the wannabes and you can't argue with that if you understand what I am saying although they will argue until they are blue in the face because that is what they do.....and they do that well.
Reef,
you will not get a satisfactory answer to your much asked question. These guys are great and giving the answers that fit their agendas but they haven't been able to figure out what to say re these subject matter you brought up. They will spend 100's of hours furthering their motives but zero time answering
why they are motivated.
I never brought up NW. I stated Cognate would buy NWBO for a song.