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Friday, August 03, 2018 11:04:44 AM
Two things clearly stand out. First Mr. Woodford's insistence that NWBO pay to have Ondra develop a plan to maximize investor interest and the ensuing questions about Ms. Wolf's behavior. This behavior was regarding questions not necessarily pertinent to such investor interest maximization which Linda Powers sensed and followed up on. I believe that because of this incident Mr. Woodford gained access to non public information, Linda found this out and Mr. Woodford knew he could no longer trade in or out of NWBO until the information he had became public. Now Mr. Woodford could have been set up but his insistence on Ondra and Ms. Katherine Wolf and his ties to the CEO at Cenkos, both of whom suddenly resigned or were cut off, signals to me that Mr. Woodford was in deep himself but perhaps insulated just a bit more. That insulation may or may not be enough to exonerate him in my opinion.
The second issue regards his public comments after the supposed dispute. He had to have known that his comments would be sufficient to create a rational for separation of financial support. He also would have known that once the issue of Ms. Wolf's conflict of interest came to light he would be tied to it and his self imposed exile on trading NWBO shares seems to confirm this. What other investment has caused him so much embarrassment and probable redemption of shares by shareholders without him taking action? I call his public negative discourse and subsequent distancing going rogue. Best wishes,
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