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tryharder, didn't say that ihub date and experience are one in the same. I simply am reacting to you saying you have followed these posters for 10 years and wanted to see your thoughts from more than 7 days ago.
haven't missed it. They were testing the system 2 hours ago. 13 people were listening in then
Newly Diagnosed Cancer - Advice Please?
I'm a long-term NWBO investor (12+ years) and a loyal IHUB NWBO follower, but I have rarely posted here before.
Someone I love has just been diagnosed with early stage multiple myeloma. I'm aware that DC-VAX is designed for solid tumors, but I also know that many oncologists and others who are knowledgeable about current cancer treatments are on this site regularly.
My question: if someone you love were diagnosed with early stage multiple myeloma, to which U.S. clinic or Dr would you direct them to get the very best, most up-to-date treatment? I'm hoping to find a Dr who will partner with us to optimize both length of life and quality of life. (Travel within the U.S. is not a problem). TYIA
Senti, thanks for all your work on submitting questions. Just a thought, normally at the ASM they allow everyone to ask one question and for the last few years there has always been 20 or so attendees. Have you considered submitting your "top 10" but also submitting a "if willing or time allows" additional list? I agree with some folks that it is inlikely they will answer Q21 as several years ago a similar question was asked and couldn't be answered. Maybe they will this time, but I have my doubts. Even if you asked is there preference to go it alone or partner you may not get a clear direction. I think it was at last years ASM where partnership was brought up but the answer was along the lines of the platform stays with NWBO with partnership possibly for certain uses.
I have a pretty good number of shares and I will vote with NWBO Management. Will see who needs to be institutionalized within a couple of months. Good Luck to us both!
Hey Gary, yes I have been to all the ASM the last few years and I also attended the special meeting. What I am about to say will get dumped on by the naysayers but to some it may be reassuring so here goes. I am older (60) so have been around the block a few times. I was also involved with running a hedge fund some time ago so I have been around executives through the years. Like has been said repeatedly here and is just common sense, we must all do our own DD and live with our decision whether to buy or not. However part of why I go to these meetings is to be able to look them in the face and make my own decision as to whether these folks are full of it or are honest, hardworking and dedicated to a goal. I ask questions during the meeting but also make contact after the meeting. While I, like many, can get frustrated with what is a lack of communication for reasons I do not know, I do trust and believe in Linda. At times it looks like she has been through hell ( which is probably true). So while a person's due diligence must come first and is of the utmost importance, my personal belief is that these folks have integrity and are doing everything they can to get this platform (as they call it) to market.
Take care
Sukus, I completely agree! Skitahoe laid it out very well too. My point was simply to say folks shouldn't assume when the price rose above .22 that folks would be converting many warrants. I have a few from the offering a couple years ago and I intend to wait until very close to the expiration date to decide what to do. In my humble opinion the greatest benefit to the investors with the latest raise was the extension of the warrant expiration date, not the lowering of the strike price from .30 to .22. That .08 drop would amount to only $8,000 for someone with 100,000 warrants but the opportunity to exercise those warrants for an additional 18 months or whatever it was is of great value in my eyes. Hopefully none of this matters and we hear good news soon. Take care
I rarely post and in fact usually only do right before the ASM which I will again attend this year. I have been long for many years and appreciate the honest discussion/debate that can occur with certain posters. The reason for my post is simply to remind folks that there can be a "cashless exchange for warrants" meaning if you don't know that an investor can "redeem" his/her warrants when above the strike price and depending on the price at the time receive fewer shares than warrants but pay no cash to the company. Hopefully we will hear results soon and none of this will matter.
lke, like everyone else, really appreciate your efforts and leadership on getting some key questions to management. If you are going to be at the meeting like last year, have you thought about submitting questions that didn't make the top 10 during the formal part of the ASM meeting? Wouldn't this put it on record that shareholder questions were formally asked? (doesn't mean they have to answer) but similar to you sending a certified letter, they have to acknowledge at least the receipt of such. You are the lawyer so I go with your expertise. Regards,
Jeff
if you are going to be short on posts today, no need to reply. Just sharing a thought
I probably should have asked if it is ok to take these, sorry. Given you know the questions will be limited, which couple of questions would you most like me to ask AND that you think has a decent probability to be answered. Also if you, Doc, Senti, etc. want to debate the question we should try to ask, I will make copies of the list and pass them out at the meeting to those you may not have a question.
Just a thought
Flipper, I will take these with me. I firmly believe Linda and Les at least periodically monitor this board. Last year I asked a question that Sentiment raised on the board and tried to ask one of yours. Linda told me she couldn't answer yours ( I forget what I asked specifically). Anyway, I think they know you, at least by your board name. Will see what happens.
I truly hope those in attendance can request that Linda and Les give an update first of what they feel they can share before we ask our limited (1-2) questions each. Again, I am a long term shareholder and in no way want them to compromise the study, give ammunition to bears, etc. I just feel strongly that they could make it a bit of a priority to take some time to think about what they can share.
Jeff
Beartrap, we met at the ASM or special meeting last year. I rarely post except before such meetings. I will be there again this year and like you, Doc, Sentiment, etc. I support Linda and Les (have for many years) and will vote my shares in such support. I do think Doc is right that more information is warranted. Last year if you recall my last question to Linda was is there was anything they could share that we didn't ask that would be encouraging to the small retail investor. Linda thought about it for a moment, leaned over to Les, then Les said "The information is there, just look at the website". I like Les, but I have thought about this response throughout 2018. I think as I believe Doc said (Paraphrasing), "they act like a private company, but need to communicate more like a small public company. (Sorry Doc if I butchered this). They do need to offer what information they can without giving the bears unnecessary ammunition. Couple examples...last year I suggested that they make audio available of the meeting. Maybe they don't want call in capability which I can see pro/con for, but no harm is the ability for everyone on this board to hear what is said. Further and I will mention this this year at the start, instead of saying the business stuff then telling the attendees they will be limited to one question, how about Linda and Les give a broad overview of developments for L, Direct, Sawston, etc. so that the attendees can focus their limited questions on the more nuanced questions or issues we might have. I guess what I am saying is instead of trying to limit information flow to the small investors, I would appreciate Linda and Les taking a few minutes to think about the developments over the last year and looking forward and then sharing that with us as long as it truly doesn't feed the bears or concern the FDA.
Jeff
Senti, this is Odoggy's wife. He is traveling but wanted me to let you know he thought Ike covered Linda's response to your question. He will review the posts when he gets back in town late tomorrow.
A couple more thoughts on today's meeting. No need for me to reiterate what Bear and Ike have already said. But Senti, I did lead the Q&A session with the question you had forwarded to me. And Flip, as Beartrap has said, Linda couldn't comment on NICE.
Two additional comments: I did request that in the future they consider streaming audio from the meetings so people can hear the discussion first hand. Finally, when I asked Linda if there was something she could share that wasn't asked, she and Les discretely discussed something together but ultimately decided it couldn't be shared. I respect their need to be careful in what they share, but took away from that exchange that they want to share information with investors when possible.
Senti, got your message and will do my best to ask this. I leave for the airport in about 6 hours, flying to Philadelphia, then driving to DC. Thanks for all you contribute to this board.
lkeEsq, sorry for creating a debate about homeruns. Will you be there Friday?
Reg2015, how would you feel if I started with, "There are many loyal, long and frustrated shareholders that need to hear an update, what can you share?" I could then follow that open-end (depending on what I hear) with question(s) about the publication, etc.
Sorry but it absolutely was said at the ASM. We can agree to disagree. Someone else who was at the ASM can speak up and confirm or deny. I can tell you, I sat across the table to the right of Chris L.
JRIII, I didn't mention everybody by name and in fact want to hear serious questions from both longs and shorts. What I hope to hear from the board is serious questions that I can ask and hope to get a response. Trashing Les and Linda doesn't move us closer to insights. I hear and can appreciate your frustration... most of us here I suspect whether long or short, share that frustration.
From a comment Linda made at the ASM, they are very aware of this board including the effort at analysis made by many here. My opinion is they are quite impressed.
My personal opinion is that Linda, Les and Co. are hardworking and honest people. My assessment comes from sitting across the table at these meetings and trying to get a read on them. Could I have my head up my backside and be exhibiting "confirmation bias?"... sure. However, when I take a breadth and think about what Linda Liau has said, what Flip, Doc, Leprecon, Senti, AVII and MANY OTHERS have done in terms of thought process (both good and bad), I come to the conclusion that while I don't fully know the why behind their actions, I can guess that it has to do with the fact that ANY time they try to share now or over the past 8-10 years, the are sued, facing SEC investigations etc. If I was a lawyer and faced this, I would shut down too.
Regards
Dan, I am serious. At the ASM, this issue was raised basically and as the board knows the response spoke of wanting to allow for a homerun.
Perfect!!!
Thanks Hank, I was thinking about a general question of an update on the publication. Your question is more specific which seems right. Regards
Flip, Doc, Senti....I very rarely post, but do attend the ASMs and will be at Friday's meeting as well (I am traveling from the Midwest). I, like most, was disappointed that there was not an abstract for ASCO. However, I am a long time investor and do believe in Linda and Les. That said, as anybody who has attended an ASM knows, questions are limited. I am hoping Linda will give some sort of update, but want to have 1-2 questions ready in case those attending are given the opportunity to ask. I don't want to burn my question(s) asking something we know she can't answer. So what do you all think is reasonable and possible that she or Les could address?
Thanks
KD, we are all entitled to our opinions. Personally, I am not looking for a leader in this situation to be a salesperson. I want someone (Linda) who I believe will do whatever it takes to get this new treatment platform across the finish line. I was at the ASM and the concern I had was does she, Les and the whole team feel as energized and hopeful as they did a few years ago? They clearly do and to me that is quite remarkable as they have gone through hell fighting off folks who want to see NWBO fail. I am thankful for this leadership team! They do care about the shareholders but they can't share information that might compromise their primary goal of crossing that finish line.
Regarding the ASM, I think there will be more in attendance this year than the previous couple years. Flipper, didn't I see a post from you awhile back that you were going? Anyway, I too will be there. I haven't posted in over a year as quite honestly, while I respect greatly the contributions of many (including even a couple of naysayers) the bashing of individuals is tiresome and non productive. That said, I believe Flipper has said that LG, LG et al know the questions we want to ask, I believe this too. However, if there is a reason for those of us going to meet beforehand, I will be glad to attend. For the record, I am long (have been so for many years), am hopeful yet have questions. I do wish the company could share more information but none of us has been in their shoes to fully comprehend the challenges they face on a daily basis
Pgsd, done! If the board will work together to formulate the questions, I will do my very best to see Les gets them in advance. I don't claim to have any special relationship with Les. I have never talked to him on the phone. So if someone that has wants to take the questions to him, great. Otherwise, Les has responded to a couple of emails from me (nothing pertinent to studies, etc.) but at least he responded so I will be glad to reach out to him.
Lattices, I couldn't agree more with everything you say! Lack of CC's and the restriction on questions at the ASM frustrate me as well. I try to give NWBO the benefit of the doubt as I don't know what it must be like to be a small company fighting for approval and at the same time being under a full assault from the likes of AF and Hedge Funds.
That is why I think this annual meeting could be an important opportunity for us to get some clarity as to what is happening. Sure whatever is said at the meeting would have to be shared with all via a news release. My concern is that if few or none are there for the meeting will any pertinent issues be raised? Again, I am anything but an expert so I pose my thoughts to this board with an honest intent to gain real insight to what is happening.
As for arriving early and meeting other shareholders, again completely agree! I had about 20 minutes last year after I was cleared to attend that I was in the conference room and I struck up a couple of conversations. I asked several folks what their main issues were and people shared freely. After the meeting I saw a couple of posts on Yahoo Board where I said to myself, "Oh that post must of come from so and so in the meeting" Again, pretty easy to guess as attendance was so small.
It would be great if we could get a firm commitment from a few folks on this board to attend. It would be even better if one or more of those folks who have claimed to talk to Les live would attend. If we could get such an agreement, I would then suggest this board work together to formulate our questions we feel NWBO SHOULD be able to address. I would then suggest that group meet in DC prior to the meeting to finalize our thoughts. We may then choose to let Les know we are coming and work with him to develop the list of issues they feel they can address. THIS LAST POINT MAY FALL INTO MY BEING NAIVE, however, I am trying to advance our knowledge and this is the only way I can think of to try and help.
BY the way, I really appreciate everyone's time on this board. Pro or Con, many posts are very thoughtful!
Hi Lattices, tomorrow I am going to try and find my notes so I can be more accurate in what I recall. Last year I went with 30+ questions. Many I compiled from discussions on the Yahoo Message Board and my own thoughts. I started following (stalking?) IHUB over the last 6 months or so. The discussions here are really fantastic and I feel if this board would work together to compile our issues and prioritized them, we may get some insight at the meeting. Not all questions will be answered, that is a guarantee, but I do believe Linda and Les are sensitive to investor concerns and would like to share more than they have been able to. Last year, my questions focused on the informational arm of the study and why they couldn't share more. I followed up with questions about what I had heard was some compassionate treatment in Israel. Linda shared how they wanted to share more about those insights but every time they tried, lawsuits were filed claiming NWBO was engaged in stock manipulation. Linda mentioned how the FDA loved them and they believed there would be a number of things in 2016 that might lift the stock price.
So to be more specific with your questions....
1) I believe the questions and answers can be useful if we as a board carefully think through what they may be able to answer and not waste our time with things that we believe will be under a gag order. That is why I pushed on the informational arm stuff last year
2) I don't believe Dr. Bosch was there last year. Someone else on this board may remember differently.
3)I did arrive early, but didn't have proof of stock ownership which is a must! Les worked with me to get online to my brokerage account and show I owned shares. Les was in the lobby acting as a traffic cop almost. Linda came into the conference room from an adjoining room and I didn't see her until the meeting began.
4) Investors were chatting before and after the meeting in the conference room.
5) My sense was the investors were small meaning most were individuals. There was one fund manager there. NW was not represented as best as I could tell.
6) My recall is that Les did recognize someone I thought to be an investor, but I could be wrong on that.
If anybody on this board was there last year wants to add to or correct anything I am saying please do!! Like I have said in previous posts, I believe in NWBO, I wish we knew more, but also feel the company wishes they could share more.
Hi Aperture, I am struggling to find a way to go. May try to reach out to Les tomorrow and see if they will take questions this year, hopefully they will. As for last year.... meeting was no more than 90 minutes as best as I can recall. Linda and Les were there, couple of board members. I would have to try and find my notes to see who. There was a Q&A session, but Les announced at the beginning that each attendee would be allowed only one question. I like Les, so that is not a dig, just relaying what was said. To that point, several of us did ignore that request and they did answer several questions from those willing to continue to ask. As for the meeting being in a law firm....yes it was a small space, table probably seated 25 people with chairs around the wall of the conference room. However, I don't think there were anymore than 15-20 investors there. Nobody was antagonistic and it was truly a crowd supportive of NWBO. I expect this year will be very similar. Lot of frustration and wishing Linda, Les and Co. could say more but at the same time understanding they may not be able to.
I may sound naive to some on this board and I might rightly take some criticism, but one of the reasons I would love to go is to just look at Linda and Les and get a sense as to whether they are shooting straight with us. Last year, I sat directly across from Linda and just tried to get a read on her. I came away from the meeting last year thinking she is smart, working her butt off and trying to do the right thing. She is not slick at all! That said, I realize when money is on the line (in some cases a lot of money), getting a "read" on the CEO shouldn't be the gold standard, but I know every time she has tried to update folks in the last couple of years, lawsuits have followed.
So I hope this board can share who is going and have a list of questions that can be divided up in case a question limit is imposed. GLTA and much success to NWBO
Annual Stockholder Meeting...is anybody going that will report back to the board?
I am a first time poster. I am long NWBO, have been for years. Last year I attended the Annual Stockholder meeting in DC and would like to this year but with it being scheduled on 12/22, may not make it. 2 questions: is anyone else going that plans on reporting back to this board? Does it seem strange that the meeting would be on the 22nd so close to Christmas when fewer can attend? I appreciate any and all thoughts