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I guess that means no ... I was just wondering if your employer was gonna give you a break .. think about it, who would sit on a message board for a stock they hate which won't have any updates (according to you) until 2025. 🤔 There's got to be something else you can do with your time .. relieve some stress go to a Stripclub, smoke some weed, get out of your moms basement and go for a walk 😂
Thanks for the timeline LC (or TJ) ... does this mean you will go away until 2025 as well?
For all those who are disappointed, just put buy order in at .75, .65, and .60. For all the years I've been here I finally learned how to play NWBO: just structure the buy orders based on missed deadlines and I won't be as disappointed. And who knows, one day when we wake up the SP may be at 5 🤷♂️
When they released the last PR I posted and posted and posted that the dates and Timelines were wrong. I called and Emailed DI but never heard back. FeMike did the same and got a response from Dave saying read the Oct 13th PR.
Long story short: the timeline was unrealistic because in the best case scenario the MAA wouldn't be submitted until late Nov or Mid Dec. Now ask yourself, with NWBO's history and the fact that the holidays are around the corner, was there ever a chance that all the pieces were going to fall into place by late Nov - Mid Dec 🤨
I do believe the MAA will be submitted but all we're doing until then is debating in circles. Hope I'm wrong but in case I'm not: Happy Thanksgiving, Merry X-Mas and Happy New Year because as far as I'm concerned there's no point in debating this any longer. See you next year!!
Apologies .. you're right ... you're more at home on the Yahoo message board.
Listen, it took me 5 whole days to get over the Oct 13th PR ... I want to walk on the positive side of the street today!! 🤣😆
That would not be a "flat out lie", that would actually be what many of us refer to as "under promise and over deliver". Since this is a timeline which NWBO are not in complete control of, there is no problem in padding to account for the unknown.
Because we analyze NWBO day to day (and hour to hour) it affects my (sometimes our) ability to acknowledge the accomplishments. Over the last 3 years we've seen accomplishments in Manufacturing, Publication and (finally) preparation for MAA submission. There is a slow and steady move towards the finish line. The accomplishments would look more impressive in a Milestone Chart by year.
The NWBO journey reminds me of the days when my parents would drive from NY to FL. The drive felt like 2 days of pure HELL in a hot ass car. But once we arrived in Disney World I could careless how painful the trip was.
Hopefully 2024 will list multiple milestones related to submissions with an approval thrown in along with partnerships. If that happens I'm willing to bet that all of us will forget the journey and only focus on arriving at the destination.
I have to admit, after all of the complaining I've done about the Oct 13th PR 😆 I'm excited to see what awaits us come Nov, Dec and 2024. Of all my investments, NWBO has the most potential with AVXL a close second. Thanks everyone for contributing to the Oct 13th PR discussion, its helped me air out some frustration and reinforce why I invested in NWBO in the first place.
Lets get back to the regular scheduled programming of bashing FeMike, Orbis, and what the hell happened to Fireman!!! 😆🤣😂
Good question, when I started investing in Bio's I enjoyed the risk reward, its was fun in my early - mid 40's. So I guess the answer to the question is 1) if I were younger YES I would absolutely take a chance on NWBO.
If I just discovered NWBO today at the age 54 I would invest but it would be limited to maybe 10 to 20K shares, no more.
I just think it comes down to timing and comfort level. I personally didn't feel comfortable purchasing at the .17-20 level. In hindsight I wish I did, but then the other issue is availability of funds to invest.😆
I can't knock Bio's approach, he may have been investing in Biopharma a lot longer than I have so his approach has probably become second nature to him. Unfortunately for me I'm gonna be 54, and NWBO will most likely be my last risky investment (although all investments are risky) that requires a 5+ year commitment.
Bio, the approach you described is the perfect world scenario IMO. I discovered NWBO in 2016 and my first purchase was before we went over to OTC at .90+ cents. Between 2017 and 2022 then averaged down to .69 cents. This is all in my IRA, so I'm in decent shape.
I also do the investing in my wife's IRA, I chose to invest when I THOUGHT we were close to major milestones (which means I purchased the run ups). Unfortunately, the most of the milestones didn't pane out so her average is 1.35 and she's sitting with a 22K loss (minor compared to others). I chose to invest on the milestone news because I felt that the company would be in a better position to move forward with either a partnership or BO.
Long story short, the investment strategy you described is based on 1 approach which in hindsight worked really well for you. Unfortunately, there may be others like myself who didn't time the purchases correctly or just didn't feel comfortable investing at the .17-.20 level. Live you learn, either way I'm not selling anytime soon. I would like to exit somewhere between 15 and 25 if possible.
Understood Penny, funny how some of the so called "LONGS" forget about the real LIFE situations that occur over a period of owning a stock for 7+ years. Instead of understanding our situation/delimma we get labeled as fudsters. 🤷♂️
I'm happy that you appreciated the questions, if Dave responds to my email or call I will make sure I provide and update.
😂 I took my own advice and reviewed norisknoreward post and finally realized that he/she is really KIPK ... if I knew that earlier I wouldn't have even responded to your post!!!
I'll never understand people with 2 identities on a message board.
My apologies, I shouldn't have interrupted the Orbis discussions or the lets s&*t on FeMike today or the confusion as to whether Fireman is or isn't back. WHAT was I thinking by posting a legitimate concern/question!!
The sad part is all you had to do is take 2 seconds to review my prior post and you would've realized immediately I have no agenda, and I'm actually a real person (not paid) looking for information. I would probably fit in better if I just clicked a clown face or disliked the so called bashers post all the time, sorry thats not me. But I'm beginning to understand that I'm one of the few independent thinkers left on the board.
Thanks HL and your absolutely correct!!! ... which is why I've been trying to get additional information regarding the Oct 13th PR. She wants to purchase more shares but I don't want her to purchase more until I clarify the Oct 13th PR. Now don't get me wrong, we are not talking a lot of money but I would feel horrible if she lost even a dollar because of me.
Thanks again for your input.
Thanks for the ignore, will save me a little time reviewing my Inbox 😂
You're probably right, the sad part about all of this is I was so positive about the Aug 29th PR I had my daughter, who has a 1 year old, buying shares with whatever she could scrap together. I was able to explain the delay, but I'm struggling to explain the new deadline. SMFH
Don't know if your post warrants a response but I'll give it shot anyway ...
1) So you know what is going on behind closed doors? My post is based on their Oct 13th PR
2) You know where they are in the process? My post is based on the timeline from the Oct 13th PR
3) You can't wait another few weeks after being a "long" for so long? Long story short; I never hinted, stated, or eluded to me selling my shares anywhere in my post
Thanks, I hope he responds to my email as well.
Hoping its just an oversight but I will have some funds ready the first week of Dec in case we don't get any news in Nov.
Agreed, Hoff has responded and assisted me with other post on StockTwits
For all of the name calling of individual posters, FeMike is the only one to respond to my original post.
And its the word "trust" this takes me back to the Oct 31st PR. If the Oct 13th PR was well thought out then there is no way they would have stated Mid - Late Nov.
Which then begs the question(s); was the PR thrown together last minute or was there a meeting regarding the consultants and publisher to establish a new timeline?
I know everybody likes to play sides Short/Long, Fudster etc etc. I'm trying to avoid a unnecessary situation, and if I'm being looked at as Chicken Little ... well at least I can say I did my part.
KIPK, no problem with the thumbs down. But if you have a different opinion on the timeline or the assessment of the timeline I would love to hear it? Am I overacting? Thumbs down is to easy; I'm not bashing NWBO and I've been invested since 2016 so if you have any clarity on the topic I would love to hear it.
Thanks for confirming that I'm not the only one.
Just find it odd that it doesn't appear to be a bigger concern with other investors. I could be wrong but I'm just going by the post I've reviewed since Friday.
But its soooo frustrating, I understand that everyone on the board has a different agenda. But for those of us who are just simple investors just trying to stay on top of the latest news its extremely frustrating.
We have a number of longs here who have 3 times the number of shares I have, why hasn't the Oct 13 PR been a priority to update? Shouldn't there be a priority to avoid another misstep. I've never reached out to Dave or management before but this appears to be so WRONG that I had too. I was even going to sign up for the IHub service so I can inbox Thermo!!!
I just find it frustrating .....
Can Anyone/Someone ... please assist me?
The dates in new PR appear to be WRONG! The dates don't match up .. I've called and emailed Dave Innes but I haven't received a response as of yet. I just want to know if:
1) Is my assessment of the timeline incorrect? (Please see original post)
2) Assuming I'm correct, has anyone reached out to Dave or management with concerns about the new timeline. If so, what was the response?
3) Hoping I'm wrong but if the new timeline that was PR'd is incorrect is anyone else concerned? Does anyone else view this as an unnecessary shot in the foot?
We could be heading into MID Nov knowing that there isn't going to be a PR but the average investor (people who don't follow closely) is expecting one because of the inaccuracy of the Oct 13th PR.
I know this has already been mentioned (not sure if it was addressed) but the new timeline appears to be off by 2 weeks? I could be wrong, but if not, is there anyone with close ties to management who can bring this to their attention?
An additional factor in the timeline is that certain expert consultants who are key to this remaining section will be temporarily unavailable during the next two-week period, returning the week of October 30. The Company anticipates that the remaining section of the MAA package will be delivered to the publisher within about two weeks after the consultants return. (My opinion: Meaning package will be sent to publisher around Nov 10-13th)
The Company further anticipates that once this last section of the MAA is delivered to the publisher, they will need about two to three weeks to complete their work on both the last portion and the integrated whole. (My opinion: Meaning publisher will complete task between Nov 27th and December 4th) With this timeline, the submission of the MAA to the MHRA would take place between mid and late November (My opinion: The safe estimate is late November mid December). The Company plans to provide updates when the delivery is made to the publisher and when the MAA is submitted.
I think I'll start using your acronym MIF (Maybe's and If's Factor) 😂
I agree, this is not a screw up regarding the preparation of the application. But the release of the Aug 29th PR could be looked upon as a poor decision by the marketing department (or management) which is being interpreted by many as the "screw up".
Once everyone gets over the anger that was caused by the Aug 29th PR they will realize that we are still on track to have a great 2024.
You may want to take a look at the calendar, I believe the consultant(s) are out of the office for the next 2 weeks. When we evaluate the timelines I think we need to apply the RF (Reality Factor).
A) NWBO are relying on consultants
B) NWBO application may not be the consultants only project
C) We don't know the depth of the modification/change that is required to the application
D) When the consultant(s) return from "2 week commitment" there maybe a catch up period on all projects. You know how it is when you've been out of the office for 2 weeks, STUFF backs up.
Regarding trusting NWBO: I no longer think its about trust but rather uncertainty with how they are managing the timelines to the project. If a majority of the work is outsourced then a LOT of back and forth between multiple parties will contribute to delays. The project manager needs to apply their own RF (Reality Factor)
Personally I think its better to move forward with a more realistic thought process to NWBO rather than applying wishful thinking. If NWBO was just focused on the UK submission I would have expected a Mid Nov submission but because they are focused on 4 RA's I would give them to the EOY to finalize the application with submissions occurring in Jan. This gives the consultants and publisher enough time to complete the required modifications and provide a little buffer for additional collaboration if needed.
No point in setting ourselves up for the old "Due to the holiday and lack of personnel the application completion is delayed until XXXXX"
May be there are multiple opinions within NWBO on how information should be released. Is it possible that there are 2 groups within NWBO: A) a conservative group that wanted to delay the PR B) an aggressive group that wanted to release a PR with hopes that the MAA submission would be ready despite warnings that it may not be ready.
Group B convinced LP to release the PR and here we are. If such a scenario did occur I can understand how we got here, the conservative group may have been preventing the release of small PR's for the last 2 years and there is a group within NWBO that's losing patience themselves. I bring this up because there seems to be a shift in tactics.
LTR I never said you didn't have proper prospective. I was just responding to your original post calling others cry babies without understanding their prospective. In this situation everyone prospective is correct: positive, negative and neutral.
Over the years I've come to respect everyone's prospective and in this situation I personally believe some longs need to vent/whine. Now don't get me wrong I wouldn't want to visit the board everyday to see constant whining but I believe yesterday's events warrant at least a couple of days of venting/whining.
After we get it out of our system, I'm sure we will all be tuned in again starting Nov .... same bat time ... same bat channel. And I'm sure we all will be hoping for a positive outcome 🤞
This post is grounded in reality! Obviously we don't know for sure but it helps to put some prospective on why the NWBO goal post keeps changing
Sports are meant to be a distraction from everyday life and days like yesterday. But unfortunately I'm a NY fan and it looks like my misery will continue all winter long 😆
OMG I'm a Yankee fan but I can only hope NWBO has a 2004 type worldseries run that you guys did! 🤞
This is a fascinating post, you use the words "proper prospective" but ignore the fact that there are multiple PROPER prospectives.
Its waaayyy to easy (disrespectful) to label disgruntled Long Term investors as cry babies, I've only been here for 7 years and I know there are investors who have been hear much longer. As I've said in prior post some investors are in their mid to late 60s and are running out of time. One poster responded that they are having to sell some shares here and there to meet financial obligations due to inflation.
There's nothing wrong with posting positive messages but don't crap on those of us who have a DIFFERENT prospective.
And if someone's reply is "just sell your shares" ... "management is old too and are running out of time as well" ... then your still missing the point: some of us are locked in and can't accept the loss ... while management is making money through our investment.
NO FLUFF, NO SPIN, NO FANTASY
I agree ... I've set Jan as the new target month as well.
There are 2 things that are somewhat troubling
1. It's troubling that the Aug 29 PR was released. Someone had to know there was going to be a delay. I wonder if there was an internal debate amongst management on whether to PR on Aug 29
2. I know that the intention was always to file with all 4 RAs but based on all of the information I thought the immediate focus was UK. It appears as though NWBO are moving their own goal post.
At the end of the day I'm not selling my position and I'm going to continue to buy ... but it's time to call "bullshit" and admit they are throwing smoke screens to cover the delays. At this point, just get it done already.
NO FLUFF, NO SPIN, NO FANTASIES
Everyone's entitled to there opinion but at this point don't you think that our outlook should be based on reality. I think it's more realistic that MHRA is saying "we'll do our best to provide a response as soon as we receive the submission" .. no more .. no less.
Why would they cater to a company that has to wait for consultants to return from vacation to complete the application.
At this point I have completely embraced the fact that we are a VERY small company trying to accomplish something extra ordinary that is extremely difficult. NO FLUFF, NO PUMP, NO FANTASIES. I will continue to buy when I can and hope that one day all of the requirements are met to allow them to submit and get this across the finish line. But until then ... I'm ignoring all CHARLATANS!!
Hell, if it works I recommend that you put the dance on YouTube or TikTok and I'll do it myself!!!
I've been tossing Socks down the stairs for the last 2years and that doesn't work .. so I'm willing to try something new!!
I really don't understand the confusion here, are you even evaluating your own argument!
Lets assume it happens the way you describe, acceptance with 45 days, to me that means management MISSED a golden opportunity to walk the PPS up through structure PR's!!!
1. Intent to Submit
2. WE SUBMITTED!!!!
3. Acceptance
4. Approval
WTH is there not to understand about the advantage of walking the PPS up through structured PR's.
I swear this is starting to remind me of the Movie City Slickers the VCR Tape Recording Scene!!