LG has been promising a PR announcing a law suit. He has since said that the timing is not right. And......it will never be right notwithstanding Larry Smith's series.
If, as LG has said innumerable times, that 10's if not hundred of billions are at stake and big P is threatened with the loss of revenues from their toxic and relatively inefficacious drug product lines, then these malevolent forces aided and abetted by a network of powerful interests will fight to the death to preserve their greed. No doubt but the market network itself is inextricably involved in these manipulative games and I would not be surprised if regulatory authorities are involved at least insofar as turning a blind eye. There is a re-cyclical process where the regulators go back to the industry they regulate and are replaced by industry executives. Everybody makes money in this chain and politics protect. Criminal enterprises are also no doubt involved and US Attorneys offices see little political gain in pursuing such cases, especially given the power and resources these malevolent parties possess.
So how does an extremely small enterprise like NWBO win? For every lawyer NWBO brings to the table, this network can bring thousands to bear. For every million NWBO spends on such a case, these forces can spend 10's if not 100's of millions. There is just no way NWBO can match these goliaths even if they have what they think is a smoking gun case. The defendants will strategically delay and appeal(multiple interlocutory appeals) so that we will all be dead and buried before any final determinations are reached by the courts which are not appealable. The methods devised by the perpetrators are so convoluted and complicated that it will take years if not decades to unwind and understand. And of course, with the criminal element involved, offers that can't be refused will be made. There is no way that even if NWBO can ultimately prevail, which is highly unlikely, they can do so relatively quickly. This will take decades and will do nothing to help patients, NWBO and its shareholders. These malevolent forces understand the dynamics and will become even more emboldened to take down NWBO. Are ALL personnel within regulatory agencies immune to offers that cannot be refused? How about nice little "envelopes"?
And if NWBO were serious in bringing such a case, why would LG telegraph it by indicating that among a string of PRs, a case would be announced? Why put the wolfpack un-necessarily on notice? Why put Cofer Black on the BOD? To scare them? Regardless of Cofer Black's credentials, he can't fight city hall. Too much money is involved and the forces he is against are much too powerful. NWBO does not have the resources and bandwidth to become entangled by a complicated lawsuit and probable slew of counterclaims. Larry Smith is completely naive if he believes his "expose" gives anyone real hope. And LG, who is a lawyer, should know better.
Rather, NWBO's success is grounded in stellar results and the weight of general public and medical industry outcry if this is not approved. Lawsuits are Alice-in-Wonderland fantasies guffawed upon by the wolfpack. JMHO
