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hyper- again most excellent rebuttal. I don’t mean to suggest that I understood your entire rebuttal. But I understood ex’s point AND I understood that ex had no satisfactory answer to your question
For me … breadcrumbs.
anders thanks for excellent point by point rebuttal. #lawyersrock
ATL thx for another example of outstanding due diligence thanks for ur work and post!
I personally stopped reading at “2013,” with high confidence that someone would provide a more fulsome critique. Thanks as always Diver now listen to ur lawyer!!!
Go minions!
Viking thank you very much for sharing your expert views today especially with regard to management’s well-advised caution in limiting its announcements. Before TLD there may be minor upsides to PRs but the downsides completely overwhelm any possible positives. Really if management can prevent disclosure until they feel they have the necessary ducks aligned, so much the better - short term share price being essentially irrelevant for corporate purposes. TLD will happen when it is time.
Honestly I thought that I was not understanding ur post. Had I thought otherwise my respect for ur skills would have caused concern for sure.
Soj I misunderstood also even tho I read the thread and looked at charts! Whatever temporary scare! Thanks for later clarification. Best wishes!!
Oops I gotta stop trying to reply on phone I can’t see the whole message.
“Good Luck to U”
hey ex u are arguing against ur own position if you’d like I can edit ur contributions before u post LMK if u r interested
Quoting ur post:
ex: 1. Uhm, first the rule does not apply if the company asserts they are planning on filing a BLA for a previously unapproved product.
Answer: IDK but if u r correct the rule is inapplicable so … so what? PS I believe your assertion is incorrect but either way … so what?
ex: 2. Second, the clock starts with the last data collection from a patient, not the data lock. We do not know when that was, but certainly well over a year ago.
pqr: Correct - that date was October 5.
ex: 3. Third, this is the same body of law that LP has violated for years. There is basically no enforcement.
pqr: “Body of law” is a pretty wide statement of ur objection. Honestly IFK what ur talking about. But assuming arguendo u are right - so what? Ur own characterization is that “it doesn’t matter.”
We agree on that! Good evening Tony!
anders the one-year FDA disclosure period has not expired as the final data was obtained on October 5. I don’t recall thermo’s turn of phrase but I am confident of this statement. Also, and I am not aware of the specifics, other informed persons on this Board opine that this rule is subject to exceptions and/or interpretation. I express no opinion on that view.
marzan: Thanks for this explanation of otherwise hard to understand trading this morning. While I of course agree with thermo, diver and many others current SP is irrelevant for longer term value, it remains significant for other reasons. For example, based on the many debates on this site I continued to accumulate down from 1.40 through 1.07 and back up to 1.17, even though some weeks ago I had hit my (somewhat arbitrary) then-holdings target. Continued marginal derisking and declining price was too much an
opportunity to pass IMO (marzan I suspect I am buying along w your minions here).
And even though I converted a significant number of shares from IRA to Roth quite some time ago at 1.50, the same factors caused me to convert a very significant block of shares at 1.23 last week only because I didn’t get around to doing that the day before at 1.07 my bad.
So thermo - Daily and even during the day I read the more informative posts including LC and ex, and ALL all posts of the many really expert fellow Longs including the chartists (THANKS!!) because (1) regardless of TLD this will be by a significant multiple the biggest financial event of my life unless somehow SP remains flat (not gonna happen) and (2) short term SP still matter and (3) cannot wait for TLD so even tea leaves are interesting
bio thanks for historical perspective I was not aware of those activities.
ex - for the forget time for me - thanks fir this post!
flip - thanks for taking this discussion and explaining it to us non-pharmaceutical experts.
LOTSA: Not to speak for my friend iwasadiver but I think the statement of his which you quote was referring to dog years.
IV: Interesting hypothesis. NWBO management are more concerned about $X00k salaries than value of 100 millions of shares and warrants owned. Not sure I agree…
Happy what is your justification to say that shareholder suits or the threat of those no longer should affect company public announcements? Plaintiff firms are or recently have been soliciting. Are you not aware of that or do you think avoidance of getting sued is not a legitimate management undertaking.
Hyper Tx for excellent info based on ur expertise.
Soj - I always appreciate your insights but I think u might use a different term to describe your decision to hold not sell NWBO, instead of “bear lock.” Can there be such a thing as a “bull lock”?
I actually disagree a bit with Gary I think when the initial data became available the company issued an overly optimistic prediction of the completion of the anticipated analysis. Thereafter a significant and unanticipated publication opportunity arose and the planned PR schedule was delayed by that work. But for reasons many have discussed the company did not feel it appropriate/a best practice to PR that change in its disclosure schedule. GLTAL and patients.
anders I agree with the minor qualification, probably as bio feels, that the 4-day material adverse “rule” is not absolute or binary, as results are not necessarily absolute or binary. I would in lay terms put it as, the company that fails to disclose results that ultimately are determined to be material adverse results will, subject to litigation vagaries, be liable for the reasonably foreseeable results where causation is proven
kfa the statement you reference is not an historical statement and it is clearly conditioned by the use of the word,”expect.”
anders I am admitted in 2 states and have litigated cases in a half dozen states I am not aware of a single state that has a minimum number of hours of practice to remain admitted and eligible to practice. In Michigan, my primary state, there are not even continuing legal education requirements. Caveat emptor!!
I would be surprised if an academic article reviewing a therapeutic and biological breakthrough would address specific treatment manufacturing issues.
Lykiri, flip et al - terrific group diligence I am in full cheerleader mode and express my constant appreciation for the talented ppl on this board. Buying today, again, Tx and GLTA
Astavakra: I responded identically before I saw your post. We’ll done!!
troc: One-year period for trial result announcement runs from October 5, 2020. Trying to avoid disappointment if doesn’t occur in August. GLTA
Agree Tx.
Wow thermo Tx for this personal data point and very best wishes and luck to tour brother. Does he do power plants I used to play hockey against Bechtel team in Ann Arbor.
KIPK: I note and appreciate ur new comment agree w all Best Wishes and GLTA
Super, Senti - forwarding to all persons to whom I have suggested this investment opportunity.
The one year rule is mandatory, subject to exceptions. The date the year clock begins to run is October 5.
Count on it.
Anders I’m not exactly clear on what the point would be of withholding results “forever” much less being answerable for those expenses without a result being obtained. I would be pretty confident that withholding the results forever is quite unlikely.
DD you also need to thank Belgium and especially for not scoring 2 on themselves!
Prime properties in desirable areas to live capitalize on the often overlapping in remote work acceptance and prosperity of many of those workers. I think it will be harder to reduce or eliminate 1031
like kind exchanges than increase LT capital gains rates.
Thx Redneck. What do they know that the market hasn’t figured out hmmmmm…
Sir Pump u always bring a smile to my face very glad to have u and that your subscription is not tied to your use of consonants!! /s/ “A Proud Cheerleader” a/k/a and without adopting the entirety of the accompanying political philosophies, “From each according to one’s expertise, knowledge and experience, to each according to their interest, due diligence and judgment.” GLTA
An argument may be made that once certified the device may justify its own company. With NWBO providing the test bed/proving ground. Hopefully, a very high visibility testing.