Monday, December 10, 2018 8:20:15 PM
What exactly is illegal about it?
I don't see any advantage to NWBO going after idiots like AF. And seriously, anyone who bases their investment decisions on tweets deserves to lose their money.
You may not agree with the securities laws, but they exist nonetheless. It is illegal to post false information - good or bad - with the intent of influencing stock prices.
AF might contend that he isn't trying to affect the stock price with false information. If that is the case, all he needs to do is provide his source for his claim that the trial was unblinded and that NWBO knows that the trial failed. NWBO has stated that the trial hasn't been unblinded. It would appear that either AF or LP is lying, and if so, someone is guilty of violating securities laws.
I don't have an opinion on whether or not people should listen to AF. My position is that NWBO's silence makes him seem credible. This would not have to be a long drawn out court battle. NWBO could just draft a simple cease and desist order and then issue a PR that it had been done. Not a big deal to take that step - should have been done a long time ago.
Recent NWBO News
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- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 07/01/2025 09:04:38 PM
