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Fair question.
If you go through my posts, I’ve never questioned DCVax or the company’s likelihood to enter into a BP arrangement. That’s why I own the stock. What I have issue with are the conflicts of interest and the excessive and unjustified SG&A, along with a number of managerial issues, including, but not limited to, lack of transparency and communication. After all, this is a company that had to sign a settlement agreement with the SEC due to violations associated with ten years of non disclosures.
In my view that has hurt both investors and patients, and caused institutional investors to stay away. How many more trials for Direct could have been initiated without the excessive SG&A or additional funding from institutions? How much further would D be along in providing treatments? In the same way I went after a company that was literally blinding people, I feel justified in calling out this company for being excessively slow and wasteful, to be kind.
Did I save someone from premature blindness? Maybe?
I may post an email I sent Les a number of years ago. Do you want to see it? Will post later this evening if you agree.
Again, this is what Hoff and his various aliases are defending.
Mallard is the third patient to come forward with a lawsuit against U.S. Stem Cell, a Sunrise-based stem cell therapy business in the national spotlight after four patients said its eye injections caused blindness
We”ll just litigate and just see where this all comes out.
It’s end of August, so probably end of September we’ll file.
Ironic isn’t it.
No I can’t.
It will come as a surprise ;)
Wow, not sure what else I need to share with my attorney?
Lawsuit’s coming my friend.
Lorie, frankly, if I only cared about money I’d be pumping this stock at every stop. What I care about is right and wrong.
And in my opinion, the company’s management has focused more on its own self interests — see the self enrichment lawsuit that is pending —- than in the interests of both patients and common shareholders.
I don’t know if he has any connections. But someone else on this board did. ZI’ll be reaching out to that individual.
I think if you do a deep dive on that company and the level of litigation it’s been involved, it will be clear that Hoff lacks the judgement to decide good and bad.
Again, another screen shot.
Here’s something about the company that Hoff and all his aliases don’t acknowledge. As I said, there is a poster on this board that was very connected to this company. The FDA brought numerous actions against them, and a lot of investors lost a lot of money.
https://www.abcactionnews.com/news/local-news/i-team-investigates/new-lawsuit-against-us-stem-cell-after-patient-loses-vision-family-ties-called-into-question
Let’s wait until discovery to find out who is who. Eh?
Another screenshot as we connect the dots.
I think the company is showing its true colors today.
Again, just more evidence and screenshots.
I guess we’ll see.
Obviously, people take me seriously otherwise they would not attempt to put so much effort in targeting me.
Right?
What makes this interesting is l’m a known shareholders with a large stake. And everything I’ve described in terms of conflicts of interest and excessive fees can be tied to public filings.
The company is already in litigation per excessive compensation with oral arguments scheduled for September.
So we shall see.
As I said, any additional information about the parties involved would be helpful. I would keep it fully confidential except with counsel. Thanks in advance.
Some said you are the same poster as Hoff? Is that true?
Thanks.
Any additional information will help.
Good question.
I’ll be discussing fees and strategy and such next week. But for now I’ll just be collecting screen shots.
Lawsuits are very methodical.
Just letting you know.
If you’re a member of the bar (hard to believe you ever passed it), but if you are, I’m sure they would be interested to learn about your activities.
He would love to take the case. But I have someone more local. You’ll find out soon enough. As will NWBO,
We’re going to test that theory.
Now I’ve been doxxed.
Be prepared for litigation.
That’s would be liable. It might be NWBO and it’s media consultant who are now in hot water!
I would check with the status of that company. A lot of people have brought lawsuits against that company, including personal injury claims. And one poster on this board was actually involved with the CEO.
I took a quick glance, and apparently Hoff didn’t realize that in a private conversation in response to his harassing private messages that he initiated, I basically was toying with his gullibility — and yes, I’m sorry for referring to your mother as a rather loose woman.
Because Hoff is involved with what I would refer to as a conspiracy with NWBO and their media consultant, this Reddit article may become part what I and my lawyer include in discovery.
But I’ll take a closer look later.
Would like to here from Jason as well. He know who he is.
Everyone in the Poor Man Crew — please capitalize —- likes Beartrap.
The crew detests most of you dudes, but she’s an exception.
I just saw Beartrap’s post and thought it was very good. I like Beartrap, I sat three chairs down from her at my first ASM. You know me, so you’re aware I’m a busy guy. And my lawyer’s a busy guy too!
My comment from a business perspective is that Toucan already has an investment in Oncovir and Poly ICLC apparently is off patent. And not sure if the company even generates any positive cash flow.
I would be sensitive to the price that’s paid for Oncovir given those first two facts, and would want to see a fair value opinion. I think they would be smart to obtain one.
Maybe we’ll meet in discovery?
;)
How long before I know whether or not to submit my application to Gethsemani? Probably sooner than this company submits it’s application to MHRA.
Crash, it’s ridiculous that the stock is this low three years after data lock. I’m fine losing my own shirt. But a little peeved otherwise for a variety of other personal reasons.
Ya know, it’s one thing to lose your own money — I’m fine with my vow of poverty, the monastic life would suit me well. I can Gregorian Chant with the best of them. But it’s an entirely different thing to lose your family or investors money.
I’m already suspicious.
Didn’t know I had a convert?
Everyone on this board is lying. I question everyone's credibility.
I’m Poor Man for a reason :)
I ask that question all the time. It took me a while to realize that I actually invested in a company (loosely speaking) managed by another company that in turn invested in a biotech.
I own a lot of this stock. So hope this works out.
This is an excellent post.
I would add there is now a window to settle that is in everyone’s best interest. If NWBO waits too long or asks for too much, this could drag on and the company would lose the opportunity to benefit from non dilutive capital while it experiences a liquidity shortfall.
On the other hand, if the defendants wait too long, NWBO may be in a stronger position later to continue to press for a larger settlement.
I doubt that QE takes the MTD all that seriously to use that as a reason to advise their clients not enter into a settlement now.
I stared at Woodford’s quote and just thought how really close we’ve come to the precipice after listening to the Siren’s song of this vaccine technology. The one thing that saved this company from completely falling off the cliff is that Boynton and Bosch knew what they were doing in terms of managing the trials, and LP at least took the advice of the SAB to extend the trial to show better OS numbers.
Keep in mind that the same type of financial awards and legal protections that apply to whistleblowers for Federal related cases don’t apply to private party litigation.
Whistleblower names in civil private party cases don’t remain under seal and there may not be any financial awards attached. Although I could see a whistleblower for an SEC/DOJ related case, this is far less likely than for NWBO v. Citadel. And Federal cases take a long time to investigate before bringing the charging documents.
I could easily envision a DOJ investigation of prominent market makers. But the largest market makers are constantly under the SEC microscope as is. This isn’t Rick’s Saloon. So it would take something substantially new — such as a credible whistleblower — in my opinion to bring Federal charges.