NorthWest Biotherapeutics Inc (NWBO)

[JRIII]

I am still frustrated by this ASM announcement.

That's because this is what they do. They play games. To say in an official press release that the ASM they have scheduled in two months is going to be "interesting" is absurdly irresponsible. What does that mean? It means nothing, but it is a word they strategically included in the press release to build hype and fuel irrational expectations - and buy time. That's all they ever do is buy more time. Every press release and regulatory filing they put out contains at least one sentence intended to buy them more time, a sentence that is meaningless on its face, like "a draft of the SAP is now complete" or "we are moving toward data lock and unblinding," but can be interpreted in enough ways so as to perpetuate the hopeful hysteria.

A quick study of this message board shows how incredibly effective the technique is. It's as if people have no memory. "All those lies they've told us before, they don't mean anything. This time they are telling the truth!" And then when that hype comes and goes with nothing new, they move on to the next hype. What the company is doing is shamelessly taking advantage of pitiful desperation, because some shareholders will believe anything as long as it fits their irrational fantasy of getting rich off of this dogsh-t company. The lying lawyers know this, and they continue to put out these cryptic and utterly meaningless communications in order to sustain the hype and buy themselves more time. The broader market doesn't buy it, as evidenced by a share price that continues its uninterrupted slide to zero, but a certain group of desperate shareholders do buy it every time and that's all the company cares about. Appeasing that group of shareholders ensures they will all be re-instated at the upcoming ASM so that they can continue to play games, and they can add on some raises and bonuses to boot.

The problem for them is that in the end, time always wins. They are going to be exposed eventually, and every one of these irresponsible actions they take in the interim is helping to build the case against them. What kind of professional public company puts out a press release announcing an upcoming ASM and includes the phrase it's going to be "interesting"? It's really just beyond embarrassing, but again, the desperate among us fall for it hook, line and sinker. What the company is doing now is preparing to sell failed, or, at best, inconclusive trial results as something other than what they are. That's the plan. That's the strategy. They are going to hype a failed or inconclusive trial as some great new revelation, but no one who matters is going to buy what they are selling because the people who matter don't care about this POS company run by lying lawyers. In the meantime, you can count on more games, more cryptic and meaningless announcements, so they can buy more time to delay the inevitable as long as possible so they can keep paying themselves. Just watch.