InvestorsHub Logo
Followers 0
Posts 1610
Boards Moderated 0
Alias Born 03/14/2013

Re: flipper44 post# 161573

Thursday, 03/08/2018 2:52:30 PM

Thursday, March 08, 2018 2:52:30 PM

Post# of 690394
Wasn't overlooked by me.

After being invested for over 4 years this was kind of shocking to me when Linda said this and that this information never was known before.

If I had known this, I would not have stayed invested from back when I initially did and continually add to my position. I would have waited, knowing that final data wouldn't come until now.

This one piece of information felt like a betrayal to me as there was never any chance of this stock taking off until the final data collection.

This is the carrot in front the horse kind of sh*t that irritates me about management. No worries... 4-6 weeks all our questions will be answered (and free beer tomorrow).

I thought this portion from the ASM was somewhat overlooked, so I decided to post it again with some highlighting.

Quote:When we do a data collection, it's about a 3 month process to collect an update. The independent CRO sends physical staff to all of the sites. We have some 80 sites in this trial. A breathing, human person looks at the [patient] files at each hospital and looks at the numbers and compares them to the central database. The central database is kept by an independent data company that's separate from the CRO. And, by the way, the company (NWBO) doesn't do any of this. That process generates what are called queries. Anything where a piece of data is missing or inconsistent, is a query. A data collection process can generate several thousand queries. All of them have to be resolved. Only then do you have a clean data set from the collection. Once you have a clean collection, then it goes to the independent statisticians who then tabulate it.

So you have the CRO making the in person visits, you have the queries getting resolved and the independent data company holding the clean data set, and you have the independent statisticians tabulating it. It takes about three months to do that process. We have done it once each for the last three years. We have not made any announcements about the spring of this year, but, it would be a, uh, reasonable thought that there might be a similar cycle in the spring of this year. -- Linda Powers

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News