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What about the statistics for smart investors who avoid trials that ultimately do fail?
These kinds of companies don't go br. Better to reverse merge and continue the game. Take a look at TCLN PPHM and many others.
Yes, despite the many examples laid out before them somehow, even with the trust of a billionaire investor, managed to under estimate the short attack, and actually help to feed into it themselves.
Lol.
The plot:
Digging up cash for academic research folks and handsome long term executive level salaries and bonuses -Compliments of the retail investor, unsuspecting pension funds, and basket investing strategies. Fiduciary duty to shareholders out the window.
Is he working his day job night? ... You know just like King. You're actually telling shareholders the guy takes calls at 1am.
Lol.
Do you know what's most fascinating about that video? That there's just one comment -nothing from scientist/physicians, noting from patients, nothing from concerned shareholders regarding discussing a blinded trial prematurely, nothing from Powers or NWBO.
Hmm.
That all sounds great but if your scenario were presented as fact to the larger stake holders, the stock price would not be anywhere near the death spiral it currently finds itself.
Shareholders can hope all they want but it will get them nowhere. Woodford is likely pressing management for answers to questions not even connected to these issues.
One hundred percent correct. ...And an even lower chance of commercialization. And don't ever forget SOC advancements. It's entirely possible the trial is running just to study long term effects and changes in the immune system...On shareholders dime!
I cannot reply to your arguments. Sadly. Thank you.
"Own family money" ...Really? Anybody have this recorded for ALL to hear?
Forget about the share price how do you think her words affected the patients in the trial? They now have been told unequivocally the vaccine is making them all live longer. Isn't this everything patients in blinded trials are not to know?
Not a reason in the world they couldn't have a few months back, given the news we've seen released. Maybe still not too late given they're all blinded.p and Liau's border-line reckless comments.
And that sounds so nobel but the best way to keep the "doors open" would've been to impress Woodford and his buddies with leadership style. ...yeah, that didn't happen.
Yeah, but don't forget SOP advancements.
She could've raised wth a shareholder loyalty program but that'd require actually pitching investors and maybe putting herself on the line.
The reverse split in itself isn't a terrible thing. It cleans up the books for a takeover, if one is in the works, and allows institutions easy investing access. The real issue is when they don't change the number of authorized shares. It's a license to turn "donor" cash into handsome salaries and bonuses for inept leadership.
Any way she can categorize shareholders as "donors" for a better write off? We need to talk to an accountant. Lol.
Thanks.
If they do it won't be worthy of a share price rise. There are windows when these financings are deemed appropriate. One just can't give some entity shares and warrants and then release good news the following week...Well, they can, of course, but that'd catch the SEC's attention.
Makes sense and might explain why it's at 35 cents and clawing for cash, with most shareholders already destroyed and gone.
Thanks for that insight.
TCLN becomes PPHM... On and on and...
Coming to the end of my investing days. I'm right one hundred percent on this one, I know it. Only wish I had a clue when I first started out. An absolute betrayal to common minority shareholders and a travesty in fiduciary duty.
....Actually, somehow they will. When the public company's true goal is to find "donors" (aka retail investors) and fund academia and research, there always seems to be a way to raise cash. I've seen company survive for thirty plus years in this mode. Makes for nice executive salaries and bonuses.
Simple you want? Bet you'll get at least three page long replies. It's all about eyeballs.
Yes! No dial in, no real transcript. Looking forward to it.
Lol.
It's the same kind of twisted optimism as over on Peregrind and others too, I'm sure. No acknowledgement that management has turned shareholders into donors, yet again. No cry out for heads to roll. "It's all about the science"
I clearly heard her say the trial will have a tough time getting FDA approval. A truly shocking comment for a blinded ongoing trial with public shareholders.
No it was not bogus. The London Times is a quality news source, this is not disputed by anyone but some here. Woodford likely didn't speak because he's involved in a suit. But through the author he did send a clear message of disgust with NWBO leadership, otherwise he would've spoken out against it, being a shareholder himself.
The idea that Powers&Co. don't know what the SEC inquiry is all about is simply ridiculous.
Sunday Dec 11th - London Times article - Woodford disgusted
Tuesday Dec 13th - NWBO claims to have received SEC inquiry
Thursday Dec 15th Investigator Liau comments on Plll. Pitches for $donors
Tuesday Dec 20th - NWBO in filing announces SEC inquiry
Perhaps. But given the timing of the London Times article and move to OTC, it should be material.
I stand corrected. You are right about it only being an inquiry. I guess Feuerstein got ahead of himself. It is an inquiry and could be sent to the next level, becoming an investigation. Either way, I'd bet Woodford is putting the heat on Powers. Timing of that London Times article is too close.
I'm rarely wrong but happy to admit when it happens.
I don't believe for a second the inquiry has to do with manipulation on the company's behalf. And if, by some crazy chance, it does then why not just say so instead of putting more pressure on the share price?
I'd give anything for a chance to work at the SEC and chase these bad penny stock players. I've been doing this investing thing for so long and have seen so much. Oh well.
LEGAL DEVELOPMENTS
On December 13, 2016, the Company received a formal information request from the SEC regarding several broad topics that have been previously disclosed, including the Company’s membership on Nasdaq and delisting, related party matters, and the Company’s special committee investigation. The period covered is January 1, 2013 to the present. The Company intends to cooperate fully.
S-22
So a full week went by without a peep to shareholders and maybe would've been longer if not for this offering. A material event withheld for a week!
I'd hope Woodford is behind this.
And does London based Woodford have anything to do with it now or in the future?
Thank you.
Yes, you've done well with that strategy over the last ten years. Feel like I always need to remind you people that many shareholders have lost nearly everything. With your strategy what to you stand to gain, a few percent in share price if the market sees "the information" just so? At least with my one question you'll know you've been taken to the cleaners, at be able to act for once.
But you could ask him if she likely can tell the difference between a donor and a shareholder, not be the later herself.
I've seen this all before; Try to convince poor shareholders not to ask the tough questions. I once attended a cc where management had hired a bunch of security to protect them from shareholders. That stock went down the toilet, of course.
Correct. There's many ways to ask it but it must be asked directly and with no wiggle room.
Have Shareholders lost almost their entire investment due to PhaseFive allegations being true and unchallenged or because the vaccine won't be commercialized in a timely manner?
Thank you.
So what. Ask the question and let them remain silent. There are no institutions left to ask it. What'd you have to lose?
A cash deal was just done so it's extremely unlikely any material news will come over the next thirty days. OTC is going to crush holders.
Expanded version: Can you assure shareholder here and now that the investigation is two prong; That both discovery into the allegations against CEO Powers herself, and into PhaseFive itself and its motivations, will be made available to shareholders?
Feuerstein knows this thing is criminal. End of story, unfortunately.
When Powers looked at Woodford I'd bet she saw a giant barrel chested kangaroo with a red ribbon on its head. What a disaster for him. What was he thinking?
Correct. And how about that PhaseFive investigating and clearing Powers name? ...Been so long I forget, were Black&Co. looking to do one or the other or both? Lol.
Just a little light on that subject would've gotten them a better price...Assuming lies were told, of course. Hmmm.
It's called taking advantage of retail holiday cheer. The bells, champagne, a toast to long-loyal determination paying off, and then the rug pull. You can all toast to Powers on the 23rd.
Lol.