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So, they are afraid of saying anything in the US that will piss off the FDA before data is out but approval will come in UK first and they are commenting on, and allowing, articles about Sawston and potential vaccine cures in UK....doesn't make sense.
Fuzzy rules at best (based on historical reporting) and covid delays are an easy cover for more time.
Well, we don't even know if they have applied, so I am skeptical of MHRA approval "any day." In their July guidance, MHRA said anyone looking to participate in the streamlined process could begin using the new system THEN. And, starting in January, the new process would be in full effect. What they don't say is how ling the process takes. All they claim is a 30% reduction in time to get an approval, if warranted. How could we apply for this without TLD? How could they submit unblinded data for this without releasing to public? Just don't see it.
I don't think anything will prevent a short attack once tld is released. Question is, how effective (or hopefully short-lived) will it be. Strong Journal article simultaneously will help. The only sure way to avoid short attack is to release TLD/Journal/FDA or UK approval all at the same time.
Easy to do when we are in a communication vacuum. They know there is nothing to interrupt their games. News is the only thing that will move this stock. Until then, things don't look very good on the charts. All pointing to an easy bear raid, IMO. I am sitting on some powder but reluctant to add more right now. Hate to say it but I am looking to add in the .60's.
TLD will get it to $5. Purchase price of $15-20 is a bargain.
I believe it will be a 15-20B buyout within 3 months of TLD/Journal. BP won't even wait for approvals, they will force them through more quickly.
That's why this will be a buyout. All LP is doing with production ramp up, IMO, is trying to guarantee that the BP that buys them gets this to market. Meaning it will already be known and in production.
Lol. And alarmists always seem to use an alternative set of "facts."
Agree. There are bought and paid for crooks on both sides of the aisle. I'd be fine with starting with 535 newbies in November. Back to NWBO.
You lost me with "logical." If there were an alternative, we would be using it. This is a multi-decade transition. There is no other logical way. There are life-long politicians on both sides who are wrong on the issue. This is not a one-party argument.
First of all the earth is not doomed. The US produces the most environmentally clean oil and gas. We have reduced our carbon footprint over the past 20 years. You can't flip a switch. Petroleum is involved in much more than gasoline. BTW, the oil and gas industry has invested more in clean and alternative energies than any government. Have to get there in an intelligent way. And, why is everyone willing to crush the US economy when none of the other major polluters in the world are doing anything to make energy cleaner?
Bingo. Drill, baby, drill.
Disingenuous for the mouthpiece of the administration to stand there and say "ask the oil execs why they aren't using the 9000 leases." The roadblock they put up and moratorium on new federal permits is reason one. Reason two is what you stated, you have to spend time and money to see if there is even oil or gas on the lands you have permits for. Reason three. The Admin put up additional roadblocks by tasking the EPA to slow down environmental reviews of proposed leases and also in approving rights-of-way to those lands. It is a risk-reward scenario, like all business. No One is going to spend the time and money if they know the odds are stacked against them from the start. Don't worry though, Iran, Saudis, and Venezuela will come through for us. NWBO could be the shining star in a cloudy sky if they were to announce a cure for brain cancer today!!!
Unfortunately, this market is not helping anyone, much less NWBO. The likely announcement by Biden at 1030, restricting the purchase of Russian oil, will be more of a drag. The markets are in full bearish territory and there isn't much good news to change that in the short term. I hope NWBO doesn't choose to wait for better market conditions to release data (if they are ready).
Could be. Obviously not on this stock as it wouldn't be in a margin account, but on a margin account that needed funds to cover, possible.
Ok, thanks.
Right about 3:10 the selling really ramped up. Over 1,000,000 shares sold in 30 minutes. Someone wanted out. Not sure MM's could orchestrate that one.
Any good news you have heard or anything you can share on your end? You seem much more connected to the mgmt than us....
I was hoping early on after data lock that the change in strategy involved BLA and approval in one shot. Meaning they thought the data was so good that they were going to go after the home run. That hope slowly went away as we found out they likely didn't see any unblinded data until early 2021. Then the never-ending covid delay statements continued. Who knows, that may still be the strategy, but if it is, we are likely another 12 months away.
Eerily quiet along with the slow downward slide...again. Lather, Rinse, Repeat. Every year there is more talk of what thy HAVE to do. Back is against the wall, running out of money, FDA 1yr guidelines on TLD release, new conferences, etc., etc....
It's 17 FRIGGIN months from data lock tomorrow. ZERO info on timing or trial data. I am frankly surprised there hasn't been a class-action suit demanding answers. LP's public statements over the past two+ years (TLD release dates) would likely give it some merit, at least to be heard. I want to see the data before some shareholder gets really mad.
Just the Advent minimum payment per year would mean we have to do at least 26 UK Specials treatments at $200K (if it were all profit, which it isn't) just to break even.
This company is going nowhere on it's own. Regardless of what LP thinks. This is a buyout all day. It would take ten more years for them to scale to a fully integrated sales and production company. Maybe they would have partnerships/licensing, but I don't believe that would be as lucrative.
Doesn't matter. We have nothing to produce and sell. Even with the UK Specials program we have no indication that people are lining up for this treatment. We need TLD, Period. Nothing else.
Changed to "near future" so she could use galactic space-time.....way more flexibility than "months"
Well Doc, if that were entirely true, where so many shares were in friendly patient hands who were holding until TLD, it would not take much to make this fly. And that, we have not seen. shorts, conversion sales and MM manipulation seem to be having more of an effect.
It's about 2,000 more than last year, not sure where I got 16,000. Oh well, looking for something positive.
"As of February 15, 2022, there were approximately 41,900 holders of record of our common stock. Such holders may include any broker or clearing agencies as holders of record, and in such cases exclude the individual stockholders whose shares are held by such brokers or clearing agencies."
If memory serves, we had roughly 16,000 shareholders at last 10K, now we have over 41,000. All of those were buyers. So, given the volume of warrant conversion and sales, it likely balanced out, and recently lowered, the PPS, rather than moving it higher. The number of unrestricted warrants is getting pretty low, I think like less than 40 million based on 10K.
Groundhog Day. LP saw her shadow so one more year of silence.
I hope you are wrong but I believe they have the votes to do anything they want without anyone on this board....or the 41,000 individual investors they said they had in the 10K
IMO, they cannot hold the ASM until TLD/Journal. They will need to ask for a raise in authorized shares or a reverse split, neither of which will be well received with no data.
Friday will be my 7th birthday while invested in NWBO. I build and run companies, including public companies at one point. I demand communication and transparency within an organization. It is the only path to success. NWBO is not that company. I believe we will succeed in spite of themselves, but it is frustrating.
Exactly! Doesn't that break the "quiet period"? This piecemeal, breadcrumb BS is what I despise.
Out early so they don't have to disclose additional financings for 4 months.
The only things of interest to me were the $5.4 million in new money received since January 1st, about 8 million shares issued from warrant conversion....thus the continued selling pressure.
In total, the Company received $5.4 million from exercises of warrants, issuance of notes and common stock between January 1, 2022 and February 25, 2022.
During January and February 2022, 8.0 million shares of common stock were issued upon warrant exercises for proceeds of approximately $2.4 million.
During January and February 2022, the Company received $2.4 million from issuance of 3.6 million shares of common stock to various investors.
And then the other (non) interesting part is the copy and paste of the same "delays and excuses" paragraph throughout the 10K.
Awful...
Almost has to be given the cash burn they are likely experiencing. Building a nice little ponzi scheme. $11M, replaced by another $11M to pay the first, then maybe a third tranche to pay the first and second...and so on.
So, why can't they tell us what is or has happened?
Nothing matters until news. We are marching quickly towards a year and a half since data lock with ZERO info on the trial.
If the current administration would remove the restrictions and regulations imposed day one of the Presidency, we would be energy independent again very quickly. Fossil fuels are not going away anytime soon even though we are moving to alternatives. What this week has shown is the National security interest and threat we have with energy. We are begging OPEC to produce more and we are being restricted? Makes no sense.