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Again, only an imbecile would try to make the case that there’s institutional ownership in NWBO based on 0.3%.
I’m actually laughing way too much.
You must be some type of inbred imbecile to use 0.3% as evidence that there’s any institutional ownership in NWBO.
I guess so moron.
More Yiddish, I feel verklempt.
OMG. The reported institutional ownership is 0.3 percent!
Sorry, I rounded down to zero. But thank you for that number. I’ll remember to cite that going forward.
Imbecile.
Imbecile.
Under any Alias you use.
“baseless ambulance-chasing schmucks”Lol!
Didn’t know you spoke Yiddish.
You’re hard to dislike.
Crash, since it’s manifestly obvious there are many discontented shareholders as evidenced by lawsuits and comments by shareholders including Bigger and those on this message board, it’s only in your delusional mind do you believe that stakeholders are aligned. Yesterday we were discussing $10 a share, and now you’re talking pennies on the dollar. What changed?
When Horse and I head out to New Mexico to trip on some peyote, would you like to join us? Probably much better and more natural than what you’re using now.
Sounds tribal, but in the right direction.
Sounds too militaristic.
We’re looking for sunshine and daffodils.
The only thing wrong with a hostile takeover is the name itself. When there’s this lever of misalignment of interests between the Board and common shareholders, then a tender offer made directly to shareholders is likely the best course for shareholders to realize the highest value.
I propose for message board approval that we rebrand the name Hostile Takeover to now and forever be referred to as a “Happy Takeover.” I just think NWBO shareholders (as far as I can tell) would be fine with something called a Happy Takeover whereby a party (let’s start to use the word “party” rather than “acquirer,” because that doesn’t sounds happy) makes a tender offer to purchase shares over the heads of management to realize value for common shareholders. Shareholders can accept the invitation (let’s not use that boring word “offer”) from the party, or they can just RSVP.
I think if we just rebrand the name, then everyone will be delighted. And that’s what we truly aspire for is the state of delightful.
Horse, I’m a little upset that you’ve taken the Verrazano off the table. All of a sudden you’ve made issue over and assigned value to an asset with actual cash flow. But MORE THAN HAPPY to sell me a bridge with no tolls that I have to incur O&M costs out of my own pocket.
What have you turned into Horse? I hardly recognize you any more. Okay, Brooklyn Bridge with an option on the Empire State Building. Then we got a deal.
If you throw in the Verrazano as well, then we might be able to cut a deal.
Horse, I actually didn’t use the word egregious. But in any event, you must be a minimalist, since you advocate being paid more for doing less.
And let’s be perfectly clear Horse…and I’m deadly serious…no matter how cheap you make your offer, I’m not buying the Brooklyn Bridge from you. I just bought the Golden Gate from Crash, and that’s been very hard to manage since nobody believes I took ownership.
That is true, she is also CFO.
I’ll have to look up the pay scale for biotechs where the CEO and CFO are the same person.
Linda Powers is also fund manager that receives streams of revenue from many sources. Her sole job is not CEO of NWBO, which is a “company” that employed only between 10 to 20 employees through her tenure.
But I’m sure the legal defense is to convince the jury that Linda is under paid compared to her peers. If I recall, the complaint made the case that she’s well over paid compared to CEOs for biotechs of comparable size.
I believe the average salary for a CEO of a small biotech is less than $500k. Linda’s salary is more than double.
So much for cost consciousness.
I didn’t realize you were so cost conscious? You didn’t seem to mind the excessive bonuses that management gave themselves, which not surprisingly resulted in a lawsuit that remains in costly litigation. So what gives?
That’s equal to ~$10 a share fully diluted. That’s some highway robbery. Obviously very unlikely and highly theoretical, but I can’t imagine shareholders walking away from that kind of offer. And I think the board would be sued if they didn’t present that offer to shareholders for a vote.
Given the circumstance as far as we know, a hostile takeover, meaning a tender offer without board approval, would to be a good thing for shareholders.
Obviously a hostile takeover requires substantial shareholder buy-in and approval, which would likely require a significant premium from where the stock price sits now.
The only thing a hostile takeover does is take the decision process away from the board and places it in the hands of shareholders — very democratic, but we know Crash doesn’t believe in democracy. And we also know this slate of directors is problematic and lacks independence. And frankly lacks the capacity to make decisions in the best interest of shareholders rather than in the best interest of Toucan. Maybe a tender offer would trigger a bidding war?
Twitter had a poison pill, but that didn’t stop Elon. I suspect Linda wouldn’t trigger the NWBO poison pill if there were an adequate tender offer that the majority of shareholders were in favor.
Because this company has been so mismanaged, that’s why I would favor an outside party making a tender offer. Then place the decision within our collective hands rather than with the residents at that senior citizens home in Bethesda.
This is like Crash achieving “Next Level” for putting words in my mouth. This is so OVER the top, it’s hilarious!
Do you really want me to pretend I’m a short seller? That would get really ugly really fast. I have a Fire Truck (haha) full of criticisms and observations that I don’t share that I otherwise would if I were actually a short seller.
In fact, if I was indeed a naked-short fund manager working behind the scenes with dark pool money from offshore accounts — funny if I rented a P.O. mailbox in the Caymans next to Toucan’s — my approach would be to let everyone know, just because that establishes credibility to get other people to go along with what you’re recommending.
But I’m not, sorry.
Again, everyone is lying — doesn’t matter if you’re long or short.
It’s very possible that the disposition of the database and how to monetize this asset would be subject to any pending deals. Obviously, any partner(s) would want a say or even consent rights over the licensing of any of that data. And may even demand exclusivity on all or at least parts of it.
So that is a possibility for not getting out over their skies on this. But you’d think Bigger would be told that specifically, and not feel the need to come out publicly if that were the case?
It’s very curious what’s going on between Bigger and Bethesda.
You seem desperate to defend the indefensible, so you’re lashing out along with your feeble minions.
Whether Bigger just holds the shares for his own account or at the fund level, he’s both losing money…his and/or someone’s else’s. And perhaps worse yet he’s losing face because he’s so out in front. Even if it’s his own money, he’s still very public. So his followers and investors will obviously be tracing the performance of company that he’s been advocating. It’s not a good situation for him either way.
Okay, Crash has already told us Bigger has invested $10s of millions in NWBO stock. And now Crash is saying that Bigger just used his own money because this is not the type of investment that’s worthy of being included in his fund portfolio.
Is that a good argument?
He’s just Hoff using another alias.
I mean really, it’s hard to disguise stupid.
Feel free to post the full exchange, if you feel so strongly — but I bet you’re scared to do so.
Obviously Bigger is expressing his very dissatisfaction with management, like anyone in his position would. That’s why his responses are short and vague, and so someone (that we know) felt the need to put words his mouth.
Bigger and I are aligned. We’re both investors and we’re both concerned with the ineptitude of this management. He’s just nicer than me.
You are an imbecile.
If I could influence a hostile takeover from my park bench, I would. But I’m more likely to be abducted by aliens before that ever happens.
I’ve actually had two encounters — during one, my wife literally thought I was going to be abducted. But she’s obviously not that lucky. Jeff Goldblum was born in Pittsburgh, so he’s most likely an alien. A good friend of mine’s brother is a commercial pilot, and those guys see stuff all the time.
On one hand it’s nice to know we’re not alone; but on the other hand it’s disturbing to know how primitive we are relative to other intelligent life in our galaxy and universe. And we’re really at their mercy.
Here’s literally the exchange where someone attempted to put words in Bigger’s mouth about being “bullish” and not having concerns. And where he then slaps back with a non-answer as to say there’s “So much potential,” with the silent part being “but it’s not being realized.”
Read this exchange carefully,
Man, making promises once again. How much will the tender offer be? This could be a very good thing for investors.
You guys always want to know how I know things.
That’s because you’re scared.
That’s all great, but what about the alien autopsies?
Nah, totally get how much fun that would have been to work with other scientists, government and military officials, and such folks under those conditions. It’s also the reason why a lot people in the intelligence community marry each other.
DS, don’t ya be fooling me. GHK is an investor?
That just can’t be right?
Keep in mind that Bigger has to explain all of this to his own investors. And it’s very difficult without losing face. Bigger wants to present himself as a futurist, but eventually basic business principles just catch up with you no matter how much you see yourself as a visionary. And I assume most of Bigger’s investors are sophisticated enough to begin asking questions.
I’m even afraid to ask.
Horse, that’s actually really cool. Sandia Labs? If you’ve been involved in alien technology research, you’ll be my best friend for life. I would also like to spend some time traveling around NM and sampling some of the plant life. Let’s get a RV.
Mav, Bigger is obviously frustrated. When asked whether he still supports NWBO, his reply was “So much potential.” Which is a pretty terse non-response that likely reflects his new found attitude shared with most longs that have any business sense — hence the credibility problems this company’s management has with the institutional investment world.
Bigger has the added challenge that he’s losing face with his own investors, a common side-effect of openly owning and promoting this stock
Hadn’t thought about a shift in their business model. But guess I can see Linda driving a delivery truck.
Interesting take to bring in the Moody Blues combined with the God Father.
After this is all said and done, we’ll be meeting up in New Mexico to do some peyote together.