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Thursday, 04/05/2018 4:34:53 PM

Thursday, April 05, 2018 4:34:53 PM

Post# of 723909
VuBru, Biosect I am running out of my allotment of posts so I combined you posts and responded below in quote sections.

From VUBRU post #165312

Good Guy - Understand your sentiment, but it doesn't matter whose fault it is. The end result of too many No votes would be BK. Saying you helped cause BK for the right reasons still means you are broke, and consciously chose for that avoidable consequence to happen.

VUBRU, I wholeheartedly, uncompromisingly disagree. I am not casting fault. It is other posters saying directly or implying indirectly that if we vote "no" then we will cause the company to go bankrupt. I am merely saying that every long here wants NWBO to be successful. We want to vote with NWBO but we REQUIRE NWBO to deliver on some of the info they, themselves, either directly stated they would provide or implied they would.

Again, Linda & Co can have our votes....if they want them.





From Biosectinvestor post #165289

More info is good. Always appreciated. It’s not relevant to this vote however. You’re either voting to give away your equity in bankruptcy, or not. That’s the current choice, that is virtually always the choice with these tiny, early stage, no product or single product start-up microcap biotechs. There’s no surprise or mystery to the nature of such votes or what happens.

It’s like putting a gun to your own head and threatening everyone, “If I don’t get what I want, I’m gonna shoot him (or her)!”

Biosect, it is very presumptuous of you to tell others what is relevant with regard to their vote. It is very relevant to me and should be relevant to everyone who hold shares in NWBO.

We've supported NWBO for a lot longer than you. Our allegiance, to and support for, NWBO is proven with our investment blood. You can bet you bottom on that for sure.

Based on statements from LP & Co, we've averaged-down repeatedly. We are only asking that LP deliver on those statements.

Linda & Co can get all of our votes...If she wants them. All she has to do is do what the freak she said she was going to do! If she'd rather do go bankrupt that do what she said/implied, we must ask why?

By the way, I really take issue with your statement, “If I don’t get what I want, I’m gonna shoot him (or her)!” That is not what is going on here:

3 years ago, Linda was taking heat about internal operations. She said she would do an internal investigation. We got nothing. We gave linda the benefit of the doubt.

Then the screening halt occurred. Again, we were to get additional info in 90 days. We got nothing. We still gave Linda the benefit of the doubt.

Soon after that, the phase V report came out along with a host of attackers. Linda & co did little to defend the company. Silence was their defense. Now the stock has fallen from $12 to sub $1. Still we gave Linda the benefit of the doubt.

Next, a few years later, Linda implies the end is near! PFS endpoint threshold has been met. The OS endpoint threshold is within 2 months of being met. A year later...We got nothing. Linda is still a hero in our eyes.

About the same time we learn about the multi-month process toward data lock-up—a prerequisite to reporting top-line data. A year later....nothing. But, we know Linda is bringing us home so she gets more benefit and no doubt...again.

So here we are, having been diluted by several hundred million shares with none of the information, with cognate, the company built with our money, sold without any financial details or being told how that benefits us or NWBO.

After all of that you accuse me and longs, who have been shredded over the past few years, are holding a gun to Linda's head? Really!?

I am simply saying we longs have given Linda & co the benefit of the doubt for too long. We are simply saying to Linda enough is enough. We want to continue to support you and vote "yes" but in light of the above we need additional info.





From Biosectinvestor post #165289

You’re authoring 1.2 billion. That’s not the recent dilution.

You are correct...sort of. The vote is to authorize 1.2 billion shares. All but about 250 million are already needed to cover the warrants and the 1-to-10 conversion of preferred shares to common, correct? the remain 250 million shares will be used for a future offering, hopefully when the pps is higher resulting in less dilution. But it is still dilution, right?

By the way I really don't sweat the 950 million to 1.2 billion share increase in shares authorized. But, before we authorize Linda must be more transparent regarding the state of the trial.




From Biosectinvestor post #165289

It makes sense when one has a desire to die and take everyone with them, but not so much with investments...

By the way, it won’t work to harm anyone you want to harm, as some of those people you want to show how powerful you are, will benefit from the short-sighted choice.

In another case I recall where shareholders were worked up into such a “solution”, unexpectedly, after the bankruptcy, a Japanese company came and bought everything for far, far less than the shareholders thought the company was worth, and then out of bankruptcy, they did not get much if anything.

They sued, of course, at their own cost, and immediately lost, because it was a dunderheaded move. But hey, it felt good when they did it.

It's ludicrous to suggest that longs want to die because they are requesting Linda to provide info that she said she would provide. It is relevant and reasonable for longs to ask for more transparency before voting for to increase authorized shares from 450,000 to 1.2 billion. IMHO it is ludicrous not to.

I have no desire to harm anyone. I do not wish for a Japanese company to buy NWBO on the cheap. I just simply want to be more informed regarding the trial status and, if possible, some of the surrounding issues, before I vote for the authorization.

Perhaps, this argument is moot in that Linda will produce the blended data argument which will provide the necessary info for my and other longs to vote "yes".


NWBO PR'd an internal investigation in "90 days" 2 years ago, the trial OS threshold in "several months" 10 months ago, a "multi-month" process to move to datalock 10 months ago. Why can't they provide the info?

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