NorthWest Biotherapeutics Inc (NWBO)

[Umibe5690]

Jack, I really think DC VAX has promise. When I came upon this company and its approach to GBM, indeed all solid tumor cancers and perhaps as a new paradigm in treating all diseases, I was excited and invested. Management looked great on paper and my early interactions with them were fine. But management has since been largely disappointing. Perhaps you can agree on that. The real heroes here are Linda Liau and her collaborator Robert Prins, Alan Boynton and Marnix Bosch. Linda is to be commended, not for her CEO skills, but for her vision and financial support of the company. But she is out of her depth as a professional CEO well versed and experienced in NWBO-like ventures. I think you may also agree that her side kick Les adds little value, even though he is reputed to work hard, and may largely be counter productive. He has sabotaged his own credibility by stating plans to MB denizens but never delivering. And when pressed, he goes off on a tangent haranguing nefarious forces and "billions at stake." He is a very poor communicator, does not listen and belittles points of view different from his. Lack of credibility and respect is a killer in business. As I said ad nauseum, the environment NWBO finds itself in is what it is. It is up to them to meet and beat the challenge. That is what they have been paid to do. Rather, Les incessantly complains how hard it is with these vultures constantly circling around. This is part of the biotech jungle. Experienced bio tech managements know this and deal with it. Many bios fail because management can't meet the challenge. However, I think that the science will ultimately triumph in this particular case.

However, I no longer believe that this investment is the promised land as I once did. But I think there is a good chance the investment will pay off. I will admit, though, that I fell in love with the science and that clouded my view of the overall situation. But I am still here if lightening strikes. I think the promise of the platform still outweighs the foibles of management. That is why I am still here. Good luck to you. Hope we make out alright.