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Why? You have a better one. They didn’t tell you anything about the content changes. I can speculate just as all do here.
And the changes are probably due to Liau joining the SAB. She joined soon after the initial 45 day estimation was given.
I do not think we got the real explanation. Some changes they wanted to do with filing at the last minute. Anyone know what the changes are? They do not tell you what that change is but give the excuse of the consultants. Are they joined at the hip? They both are not available until Nov1st. A fishy way of telling us they thought of something new to do to the filing and diverting us to look elsewhere.
Since when?
“ LP stated their intent is to get the going once the DCVax-l maa submission has been cemented. “
Did she state following MAA submission or just state joint agreements with no time line given?
That I agree with. A $100 billion technology cheapened by inept management. If bonuses came up for a vote again I would vote “NO” again.
When they finally addressed 4 or 5 cancers or stopped killing the share price I would soften my stance.
You do not know what the commercial agreement is. When you do, get back to us.
You didn’t seem to address what I stated. You left out that very big fact. So you are pissed off. Who isn’t? They suck for shareholders.
It is a 20 year lease at $300K if I remember correctly per year. What start up company do you know that owns the building? ADI has plenty of their own real estate for fab now. At the start they leased. But like NWBO they owned the gear in the building.
That really puts it in a negative spin zone. NWBO could let go of Advent and still hold the plant. NWBO owns the plant and the certifications. I am not suggesting Toucan won’t make money selling the personnel and know how if a large buyer took NWBO, the facility and Advent.
The jury is still out on what Advent is to NWBO. Reason being the Grand Pooba still hasn’t told us the commercial production deal between Advent and NWBO. An overhanging question for a quarterly call that never happens. One of the most infuriating aspects of this arrangement. I can see why some trust her as far as they could throw her.
They put out a PR and you got some lame excuses such as a printer (for over a year prior to that it was scanning) but not the real reason. It is what they do. At least they told people they would be almost terminally late.
No they have not always been there. Linda wasn’t always the CEO but she has been through the poor corporate governance episode, the crushing of Woodford to save her positions in the company, the poor financing episodes and building herself the appendage of Advent instead of just paying Cognate to keep manufacturing the product. The last item I will hold judgement on because in true LP fashion the shareholders do not know what the final commercial deal will be.
Last but not least are multiple promises and timelines not kept and clearly not communicated until yesterday. A real surprise that they finally communicated an item like yesterday that they refused to communicate over the past decade. The only thing that surprised me about yesterday.
Good question. Could change the dynamic of the stock.
I agree with Jeff. I want a management change that should have been made years ago. Too many promises not kept. When people fail on promised actions, there should be accountability. Time for this company to grow up.
The only sports animosity I have now is towards the SOX owners. They own STATnews and allowed lies about the NWBO trial data to be pushed. I say we sue them and take Fenway.
I went to 3 games of the SOX 67 World Series. Sat in the center field triangle. I thought the curse would’ve been broken then. St. Louis and Bob Gibson were just too much.
An interesting post considering the toad for years on end said the product didn’t work. You cannot get more creepy and dishonest than that guy. If anyone should get sued it is STATnews.
Not mine as well but it was time to make leadership changes many moons ago. The BOD have been just as sad to allow this to continue.
I clearly stated the science was solid and a path to a cure. Doesn’t mean I need to fawn over sub par managers that has not predicted problems over the last decade.
“Also they confirmed again they plan to submit to multiple RAs for approval:”
Confirmed yes. But did not say when it will happen. Only that their package for the other RAs will be ready. More word play by a bunch of lawyers.
I do not like the falsehoods and believe the science is solid in reaching a cure but the management of the company brings on much of this ugly social media talk. I also blame the BOD for a rubber stamp of approval to poor execution.
Funniest post today was they were watching Barney Miller reruns. I bet Les cracks up at Wojciehowicz.
I think they are just incompetent. If a proper CEO was hired, one you had to pay $1 M or more/year a great deal of money would have been saved. More important, time would have been saved. This grab by seat of the pants management style has been detrimental. Usually people are rewarded for instinct but they clearly have none and shouldn’t be using the method.
Same old story. Just like at TLD they found they could not halt trading. They do not know how to plan properly or avoid pitfalls. You do not know when your consultant resources are available?
Oops! Screwed up again. Oh well …. Time to vote bonuses!
To what end. Better to send a certified letter to the BOD with your questions and concerns. I would ask why they except poor planning and why no one has been let go.
December is a bust in America for government response. I worked for numerous contractors supplying research to the government. Also Thanksgiving is dead time. Even during a pandemic the FDA had the lights out and I thought that was shameful. Maybe things work better in the UK.
I own my shares and do not trade. Doesn’t mean I have to be happy about sub par managers.
Sorry Thermo. It is endless for this team. They never deserved a bonus after May 10.
Winning product. Dopes getting it to market.
Been watching these idiots for over a decade. They never fail to disappoint based on their miscalculations. Not the shareholders. The management just cannot meet a schedule.
The only people that leave are competent. Like Duffy!
Heads never roll here. A welcome PR next week would be one or two people were leaving to pursue other opportunities following submission to MHRA.
That was the only good news. Multiple RAs. But do we wait until mid 2024 for them to execute.
Really incompetent people to not have a clue about their resources.
Replace the top 2 dopes. The stock will triple.
I yield.
It just shows how ineffective this team has been. They give a 45 day window and they are going to be a month late.
The best that can happen is people with proper biotech and business acumen replace other BOD members.
We disagree. You apologize for them. I have them slack long enough. On May 10 a year ago they couldn’t even prepare the battle field. Was it TLD? Even half this message board couldn’t figure out what was happening on that presentation. Then to have a third party do it without a PR was unconscionable.
Sorry to disappoint but a few years ago they should have fought hard and never stopped.
Musk didn’t lay down. This BOD is afraid of their shadows.
And because of poor corporate governance, a fault of the BOD and management, they couldn’t fight back because that poor governance hung over their heads.
You fight. You do not lay down. Unfortunately, the BOD was personally sued back around 2014 and decided their skins were more important than the company.