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Time for retail to support the stock yup mean? I'm fairly certain that institutions couldn't invest even if they wanted to with the ongoing governance issues. If my money was in a fund that invested in NWBO, given Woodford's comments and poor governance score, I'd be pretty upset.
"Wolfpack" ...LOL. Talk about a lopsided article...way to go Larry! Not even a suggestion of the possibility that governance could be the root of all problems. Not a mention of shareholders majority stake holder cash-cow, Woodford, and his comments on governance problems as the reason to turn off the spigot. And not a mention of the "internal investigation" gone missing. "Wolfpack"...I can almost smell the fumes coming off that article.
So much gone missing from yesterday. Everything regarding Powers and Toucan's investment, censoring of pfs vs. os....
So i guess they've put the "investigation" on the back burner then. Lol. Are Black and the other independent members gone?
Yeah, Phase Five would be foolish not go long here and collect twice as much. Lol. ...Maybe they'll even throw some money at NWBO to "get to the finish line" lol X2
How much was her initial investment and where/who did it come from beyond just Toucan? And what about that Cognate cash?
If Powers knows there's no possibility of commercialization than she's not really diluting herself, is she? Plus she gets to reprice options and assign herself more shares probably with just one signature -Hers! Reverse split splits have all sorts of neat tricks.
Never mind me. But i can tell you banks like to loan money, especially when there's a happy whale who's done the hard lifting invested.
Be honest and please tell everyone here, for a lousy $10 million how much did Powers dilute shareholders percentage wise?
And did it even with her own Toucan Capital, a billionaire majority stake owner, probably a multimillionaire herself, and in a low interest banking environment offering bridge loans all day long.
"Classes of shares"...Who said anything about that? I was speaking about governance scores and having a CEO,CFO,COB,Bookkeeper, etc. one-women-lawyer-show!
I saw what Peregrine management did to its common class when they introduced the preferred with a massive dividend. Not pretty. But that's a whole other story.
"Quietly accumulating" lol. How many times have we all heard that one?
Sorry but with the governance issues and lack of any investigation results, there's absolutely to way to assess risk in a fair way. This company appears to me tailor made to deceive retail shareholders.
"Safe to say". You gotta be kidding! This thing could be zero tomorrow. A reverse split, an SEC move, additional PhaseFive allegations, a Woodford suit...and many other issues could be the shareholder final wipe out. All related to GOVERNANCE.
I still note no formal filing on this last press release.
Down side is always a complete loss while upside is infinite. Same for every stock.
Do you really think with the shareholders down some 90%, that Woodford dumping would matter to Powers or him, for that matter? Better he remain since he's the only one who seems to care about proper governance.
What is it about Woodford's awful governance comments you people just don't get? Do you really think the average fund would be permitted to invest?
I'd bet if Chris does finally write that article he won't mention any of it.
Simple answer? Easier to raise money with PFS endpoint.
Also consider expirations from secondary causes/drop outs will make for plenty of censoring.
"If they always wanted to wait for OS, why not make OS the primary endpoint to begin with and have a clean trial?"
A simple cc would go a long way in clearing all this up, but alas there is nothing. Nor is there a thumbs up from Woodford. Why? None of it passes the sniff test.
If true, what a shame they gave away so much just a short time ago. I don't "believe".
Sorry but leadership buried themselves here with terrible and very unnecessary governance scores. Not to mention the lousy dilution, and an "investigation" on shareholders behalf that went absolutely nowhere...Even worse than nowhere.
It's a real predicament. And bless these two physicians for brining the unfair control arm participation to the publics attention. I think we probably have the computational modeling power now to do away with control arm SOC so long as biomarker and other testing is timely, accurate, and honest. It's the honesty part above all. Where there's money to be made there's sure to be deception.
LOL. Chris has been on the phone with the wrong people!
Not really. I suspect the hold had something to do with exclusion/inclusion criteria so maybe the FDA said, "well, what's done is done". It could have an effect on the trial outcome. The fact that Powers wont specify is still a red flag, imo.
The "Good" is that DCVax might, maybe, possibly, help cancer patients. The "Bad", from shareholders perspective, is a long long list.
Yeah, almost the price of a nice Benz. Lol
Hard to imagine, after Woodford's comments, any respectable fund manager would buy in. But you keep ignoring the elephant in the room...GOVERNANCE.
If true, strange that there'd be so little on social media or that the share price would be in the tank. Something just does not fit, imo.
...And this is also true. "Alternative facts"?
This is true. From the 10Q:
The trial is on partial clinical hold for screening of new patients for further enrollment; however, over 300 of the planned 348 patients are enrolled in the trial, and the patients already in the trial have continued to be treated in accordance with the trial protocol, without interruption. The Company is in ongoing dialog with regulators in regard to the partial hold.
Really? In case you did not notice shareholders are being diluted into oblivion EVEN with all the "great news". Powers appears to be just about out of cash again and another horrible deal may be on the way.
I don't see any official filing on that press release??
Nobody can deny it but it can be clarified, and i think Chinatown did a good job of it. Not a reason in the world Powers couldn't hold a cc for clarification.
Hundreds of post here and barely if any a mention of Woodford. I find that remarkable.
"Very clear" ...And you really don't think that had anything to do with Woodford or the SEC?
Doesn't pass the sniff test does it? But they're buying! Lol
...And if they get hit with the flu again say goodbye to that! Lol.
WHERE ARE THE BUYERS?
I'd bet just about every fund manager would likely have a chat with Woodford before dipping their toe in. But you people can ignore him and his importance to your detriment.
Here's how i think it went down:
Woodford, after publicly scolding NWBO on poor governance, puts a call into the SEC.
SEC begins an inquiry.
Powers forced into transparency request the FDA lift the halt since no more patients will be recruited anyway, and so issues this pr.
FDA complies.
I think that's where we are now. What's to come?
What about a reverse split, does she still need shareholder approval?
I'm sure Feuerstein will shine some light on this latest information. And let's not forget the SEC "inquiry". He seems to know something.
"For all we know, the FDA simply acknowledged the company decision to not pursue the final enrollment and therefore removed their ban from doing so. "
That's how i see it too.
Is the property in England part of the deal?
How many more shares outstanding and warrants now?
The past lousy volume and cash raise can tell you a lot. Big Pharma was not making offers. Why?
Woodford must force a board seat here to preserve his investment, imo.