Wednesday, January 16, 2019 12:37:40 PM
I sincerely admire your passionate defense!! You would make a good lawyer lol. The issue as you see it is all dependent on the SAB recommendation which takes all the business responsibilities off of the shoulders of management. In an ideal world of unlimited time and funding, without death or other negative consequences from the wait, a pursuit of absolute truth like that would probably be viewed as quite noble. In the real world that we face, we often must compromise for "good or close enough". In the case of blended blinded data that was shared with us, that point is somewhere around 3.5 to 4 years based on event rate drop off. We are "close enough" to a complete data set from this group that an update of the plan moving forward can be given with no ifs ands or buts. Linda knows this, the SAB knows this, flipper44 knows this sentiment_stocks knows this, Rkmatters knows this, I know this and so do many others.
I don't need to be reassured as I trust what has been divulged as sufficient but there are many others who are sincere longs who want to continue to support NWBO but are troubled by the lack of any apparent end in sight because of management's past fear of affect on share price with a true disclosure when the end was not near and financing would considerably impact share price. They now have cash to finish this trial, patients waiting to get this treatment and some anxious investors who want management to finally come clean with a clear, not fuzzy, outline of procedure going forward. The time has come for management to flip the light switch to the "on" position and make sure the power has not been cut off or about to be, breakers are not tripped, there are no loose, broken or crossed wires or defective or burned out light bulbs, the ground wire is properly installed, lightning strike is not imminent and finally that no nuclear explosion is taking place that would cause a reversal of polarity and subsequent power failure. Any and all additional potential sources of interference not mentioned also being properly accounted for. Now the light does not need to be so bright that we see into the closets and safes but the main room itself should be pretty well lit up.
An ASM is about reviewing past accomplishments and announcing future plans. Future plans should always have some specifics that can be used to hold management and the board accountable to some degree when doing so does not jeopardize the continuation of a necessary strategy. I have not pushed very hard in the past because I believe management felt they were implementing a necessary strategy and knew the science indicated a need to wait. The science no longer indicates a great deal of time needed to wait hence my new position about management's need to shed more light on their strategy going forward.
I would write more about your other comments but I have already written a small book so will stop here as this was the main point I wanted to make anyway. Best wishes.
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