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I truly commend your efforts. Gave up long time ago trying to explain the 4 day rule and how little influence it has when it comes to medical trials. It is literally like talking to a wall. They believe what they want to and based on how it fits into their narrative.
I find the gist of the conversation, as reported, very very positive. In regard to the time frame, I am not that worried as I have no short term need for cash or any plans of selling any shares for the next foreseeable future. It does make me think that there could be time to add to the portfolio over the next few weeks.
As for the first point, The statistical compilation is still ongoing, does not necessarily mean that LL and other people involved have not been unblinded to work on publication.
All the other points are really positive, which makes me sleep well tonight.
These posts should always be read with a critical eye, but it seems detailed enough to have actually happened, just not taken it for an absolute truth.
As they are severely handcuffed in regard to any financing deals while sitting on non-public information, I would put the percentage well over 90%.
Agree. I am sure some people are so heavily invested here that they see this company as their chance for life altering wealth accumulation. This is their one shot at providing for a future they might not have envisioned. People in a situation like this tends to get nervous when the slightest thing happens that puts this dream scenario in danger. Unless you have a decent pension to look forward to as a back up plan, this is a horrible thing to do. Gambling with your future without a back up plan should be avoided. I think the nervousness you see from people on this board is because they are gambling with their future. Greed is not always good. JMHO
You've got to be friggin kidding me! We are all adults here. If someone is acting like a toddler, sitting in the corner throwing their toys, they should be called out.
I hesitate to enter into the guessing game, but the filing of the 10Q has made it possible and will likely put a damper on the MM's guessing game and other participants eagerness to sell.
I am going to do the final add to my position today until after TLD, as I feel this is likely one of the last times we will see this 'discounted' share price. That is not to say that it won't be lower in the future, but just that it will be insignificant to me if the price is $1.25 or $1.35 in the big picture.
It seems obvious that they are not able to provide a forward looking statement regarding anything but the financial outlook as they are in possession of non-public information. You are right that most of the statements included are clearly (and deliberately) only containing information up to and maybe a few weeks past Oct. 5, 2020, as anything past those dates would not be allowable to include. I know many posters were hoping to learn little nuggets from the 10Q that would have assured them their continuous investment was safe, but they had to be very careful with any statements that can be construed as revealing non-public information.
Even though the fact that Covid has added to the costs of operating, the delay in the data analysis and the delays/added costs of building out Sawston, those are minor issues in the big picture. We are talking about slight delays and insignificant costs, when we are looking at the potential for DCVax.
From my personal point of view, I feel a lot better now, not that the 10Q revealed anything, but that it is filed and we can move forward from here. I am of the conviction that the release of any news was contingent upon first filing the 10Q. I expect that they are now free to start telling 'their' story' to the market and that the expression often uttered on this board: "Any Day Now" is finally true.
I am saying that I think the 10Q is what is holding it up, not necessarily publication, buy out or something third.
If I knew why it's being held up, I might agree with you. None of us knows anything about what is going on. Yet, everyone seems to know what the management should be doing, without knowing what is going on. I am fine with speculations, but they should be like: "If management is doing ???? then they are mismanaging the company". Not: "They are mismanaging the company" (because they are not behaving the way I think they should). JMHO. When I know what they have been up to, I will analyze and either be critical or applaud them. Until then, I can buy or sell the shares and nothing else.
Agree 100%. The short term SP means absolutely NOTHING in the big picture. It does give you a chance to pick up shares at a artificially low price.
It actually is sensitive non-public information to frame it like you suggested. "Releasing TLD along with publication", COULD infer that it was positive news, since they were going for publication. I know companies publish negative trials too, but that would have been accepted immediately. They have to be extremely careful in what information they release. Almost all the information you are asking for would be a problem for them to share. Sawston progress COULD be interpreted as it is good news if they have continued to improve the facilities after they received the Data.
People often have no clue how restricted a company is when sitting on non-public information. They keep asking why they don't make a statement. They can't make any statement that would satisfy any of the posters without putting themselves in trouble with the SEC. The reason the posters want statements is so they can gauge the good news from them. It is absolutely amazing to me that some of these seasoned investors can't grasp such a little thing. The same goes for the replies from DI. They expect him to say things he can't for legal reason and get toddler mad when he doesn't.
I don't spend much time on this board anymore, as it is just frustrating to see how these people have ZERO clue.
Pretty sure that according to DI, the 10Q is outsourced and not in their hands. Thinking TLD is held up by the 10Q.
In regard to the post about management not being swayed buy online posters, yes I am thrilled that they don’t.
I am neither happy with them or angry with them. Like you, I do not know what is going on behind the scenes. I am withholding my judgment until I know what has transpired over the last few months.
Glad this management are not swayed that way.
There's currently very little liquidity in the stock, so shorting at this time makes little sense. In my opinion, it is a great sign that you are being asked. There's a general consensus that the SP will take a huge leap forward once the news start arriving. There's also an expected drop in SP once it reaches the peak. Having access to shares when this happens makes sense to me. They are probably just lining up for the expectation of a takedown in SP once it reaches it's immediate peak post TLD. Just because they borrow your shares now, doesn't mean they have to sell them to short immediately.
almost 20% less shorted shares as per 12/31/20
Current shorts 14,905,509
Previous shorts 18,463,513
They didn't extend the warrants, according to Thermoo and Hankman.
As for the publication being the reason for the delayed TLD, I am not sure. I think what is holding up their release of information is the delayed 10Q. I think they already have TLD ready, regardless of how close they are to publication, but can't start their story until they can file the 10Q.
Maybe if you weren't so caught up with fitting into your narrative that management sucks, you would understand that he meant once they start their TLD and post TLD narrative. Who cares if they shorts are out in force now. The key is to be strong in the period following TLD.
Those naming rights comes with a hefty price tag. Not sure the FEC will allow for a campaign to buy naming rights to a stadium.
Exactly. There's no chance that 1) NWBO has not been in communication with the SEC during this process. If not, this stock would have been halted by the SEC long time ago. 2) that they are working on making a negative thing positive, as SEC would never allow this to happen as they are in the business to protect share holders.
That doesn't mean the delay is due to a wildly positive event, as it could be a nothing burger that has dragged out due to the pandemic.
So lets say they have been unblinded since mid to late November. I do not know ANYTHING about medical journal writings or time lines. If they had started the paper well before DL (as I assume they have had many months/years to decide how the paper should be constructed) and completed it after the statisticians had delivered their numbers, I think that publication 'could' potentially be ready within the next few months. Please correct me if I am off on the timeline.
TLD could have been done some time ago, but held up due to the delayed 10Q. If that is true, I hope that LL and Ashkan are using the time to produce an article and submitting it so there will be a publication notice in the TLD PR. I am also quite certain that the delayed 10Q has to either a nothing burger that has been harder to collect info on due to the pandemic or a positive development. I do not think that SEC would allow the delay and let the public keep trading in the stock if it was negative. The SEC is there to protect the public. JMHO
There's room for all of us. Longs and traders. I think this is a great stock to be trading in. I kind of wish I would have done more trading. I have done a little in my Roth, and picked up some shares, but I should have done more. GL to you, No hard feeling on my end for traders. I trade in a lot of other companies, but none on the OTC pumpkin patch.
I am not saying management are doing a great job. I simply am saying that I don't think anyone is in any position to criticize the management based on anything factual as we all do not know what is going on. Once we know what has been happening since DL, we can say whether we agree or disagree with the way they handled it. The problem is that people let their emotions get the upper hand and then these toddler posts appear.
They have clearly communicated that anything before DL should be disregarded and referred back the DL PR when questions have come up regarding timing. You are taking information from the company that was expressed prior to DL and creating an expected time frame that works for your investment narrative and when that didn't happen, you go sit in your little corner and start throwing your toys.
There are so many posters on this board who act like entitled little brats. Most of them claim to be long term investors. They keep posting things like "I want", I need", "Why aren't we getting what we want" etc. The only thing you are entitled to in a publicly traded company is to buy and sell their shares. GROW UP!. It is not the managements fault that your expectations are not met. If you don't like it, you can always sell and move on. It is ok to have gripes with management and disagree with the way they run the company, the only problem in the current situation is that you have no clue what is going on, so you cannot argue that they are not doing the best job possible. All you can do is sit in the corner and throw your toys like a little spoiled toddler, because they are not doing what you expect them to do.
When the daily volume of a stock is as low as NWBO, these stories are usually never disclosed, so when someone has to sell a decent amount of shares, it looks like a raid. Thanks for the info. He might have pulled a few nervous shareholders with him, but some of us are happy we got to load up at a hopefully favorable price.
Good to hear. Less reason to feel really sorry for him.
If he's the one who sold me my shares at 1.40, tell him I am sorry for his situation and my sincere condolences for the mess he likely is going through. That is a bad situation, as his funds are likely tied up and he is not able to buy back in for the foreseeable future.
So someone thought the SP was ripe for a raid today. There was almost no pre market buying interest, so they took their chance. I think they got surprised that buyers showed up and they ran out of shares to dump to keep it down. They are taking a last stance around 1.49, but I don't see them risking many more shares as the buyers told them that they are willing to support the SP at least for now. Picked up a chunk at 1.40, so I am happy.
Me too. Picked up a nice chunk at 1.40. Have more buy orders at 1.35 and 1.30.
I agree 100% that this is a significant event that is causing this delay. I also think that this delay could quite possibly be the reason that TLD has not yet been PR'ed. I think if you are reading between the lines, all of the response that have been reported here has mentioned working on getting the 10Q done. There have been virtually no mention of getting the TLD ready, which is obviously the most important to all of us. I think they are ready to announce the TLD, but have to wait until the matter holding up the 10Q is resolved. As retail investors, we should be glad, and look at it as a positive sign that the SP have held up quite nicely during this very important period of no public information.
I always shake my head at the people who are continuously requesting them to release something. They will release it when they are ready and I know they are working for the long term benefit of us and the patients. I do understand that we all have different time horizons for our investments and I understand that some people are so heavily positioned in NWBO that they would like to take some profit so they can continue to live their lives. Their frustration is not due to mismanagement, but due to their own expectations of how this timeline would be when they invested. This is where previous statements of management could have been misleading as they have signaled that the time line would be shorter than what we are experiencing. I am not sure if management previously underestimated the time it would take, that this longer time frame is due to Covid-19 or if the hold up is solely because of the 10Q situation. For all we know, they could have been ready to release TLD a month ago but have not been able to because of the 10Q delay.
Marzan, you know I am a fan, but I have to completely disagree with you about buy out. In my opinion for what it is worth, I am completely certain (to use Thermoo's definition of that word) that ther's no serious discussions about a buy out. Now, there could be discussions about a joint venture or a marketing/sales agreement. I also think that there's no connection between the delayed 10Q and TLD not having been released at this point. Though the TLD could be on hold waiting for the release of the 10Q, the content of the 10Q and the fact that TLD has not been released, has, in my opinion, no relation. Just my opinion.
Thanks for all you, your group and your friends are doing for the company and thereby the patients. I appreciate the candor of your posts, and even though I think you are as blinded as the rest of us when it comes to the actual factual information, I am sure you know a lot more about the attitude of the company than we do. I doubt that you have not picked up valuable hints, whether verbal or physical (tone of voice etc.) from your interactions with management.
Though I will never know, I had the opportunity to get involved with an investment group many years ago, as we had talks about me managing the 'company' and the legal implications for the group*. I would have had to increase my knowledge of taxation issues, but that didn't seem like too much work. I decided to take a job in the gaming industry instead, which was fun and hectic. I think I would have loved to work with you and your group as you guys seem to be socially motivated in your investment goals, which I have a ton of respect for.
Good luck to you guys.
*Note: I would not have been involved in any of the investment decisions.
No, they cannot be frozen unless they have received anything of value from company for this. I think Thermoo and his group (and friends of his) are the only major warrant holders outside of the insiders, but I could be wrong. It is definitely a great sign that they are behind the company like all of us retail longs. I think this company is blessed that a lot of people are loyal to them, regardless of the intention behind the loyalty.