Thursday, December 07, 2017 1:58:04 PM
LP & co raised darn near a $ billion over the past 10 years and have a mc of less than $72 million! We have little insight to where the funds went or if they were used efficiently. They told us in February we can expect to meet the P3 trail OS threshold within several months, based on previous 8-month pattern of OS events. In the same PR they communicated they had began a multi-month process to move toward datalock, analysis and then the unblinding of data. Now 10 months later, where are we? Who the fuck knows? Some smart posters believe the trial has been informally extended for another year while others think we will be getting FDA approval in days! All the while NWBO says nothing, or even worst, they referenced an analysis of an unknown MB poster in a profession presentation and, later, provide some vague bullshit about producing an interim blended report. and now they what more stock to give their buddies without being accountable for the last billion. PLEEEEEEEASE!!!!
Shareholders have a responsibility to hold management accountable. We have stood by management and gave them the benefit of the doubt. The fact the some of us "old-timers" are still holding strong despite the phase5 report, mysterious screening-halt and the so-called 90-day internal investigation that has been ongoing for almost 3 years is proof positive that we wholeheartedly and uncompromisingly support NWBO and its management DESPITE A 95% LOST!
I will vote against issuing more shares until management communicates where we are wrt:
(1) Phase3 OS threshold,
(2) status of the unblinding process-- specifically (i) are we still in the data audit, (ii) did we lock the data, (iii) performing the data analysis or (iii) ready to communicate top line data? Additionally, we need (3) an update on the internal "governance" investigation. Don't we need to know that there are no governance issues going forward? Without the above, we would be giving LP & Company a blank check to use as they see fit with no transparency or accountability.
Just my .02.
Recent NWBO News
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 03/01/2024 10:04:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/02/2023 01:31:35 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 10:11:54 PM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2023 08:36:14 PM
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