Friday, October 19, 2018 11:59:14 AM
The into in the phase5 report said the following, not even addressing the other bs throughout and the anonymous authors disclaimers:
This phase 5 report had very little impact on NWBO's pps....until Neil Woodford's open letter to NWBO (which was filed with the SEC). It was only after Woodford's letter that the phase 5 report dramatically effect the stock price. Linda, imo, took on a more defensive posture toward NW.
Now you can hold the views that
(1) Woodford's letter was not intended to harm NWBO.
(2) Ms. Wolf from Ondra (pushed by Woodford) and the resulting conflict of interest was an innocent error.
(3) Perhaps, one too can conclude, that Woodford's recommendation of Leary ( who had never served on any board, had no biotech experience and no pharma experience other than certain government investigations, had no experience working with companies subjected to stock manipulation, had no experience interacting with investors or helping with corporate fundraising, had not worked with companies on developing business plans or strategies, had never been asked to go on the board of any other company where he has conducted investigations, and did not anticipate playing an ongoing role on NW Bio’s board after the investigation is completed and indicated he would probably resign at that time) to NWBO's board was good for NWBO.
But I think it would be more reasonable for LP to conclude NW was a wolf in sheep clothing.
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