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Re: HappyLibrarian post# 269780

Sunday, 03/08/2020 9:42:00 AM

Sunday, March 08, 2020 9:42:00 AM

Post# of 700549
The PR is one in which Dave Innes must have had significant involvement. He understands the power of words and phrasing.This is not a hastily cobbled together PR without sufficient understanding of what it at least implicitly implies. It has set up investor expectations. This is obvious. It is just plain stupid if NWBO puts out a PR like this and then thinks..........."ooooooops, didn't think people would take us so seriously on this. We got to back pedal on this lest we get hung at the ASM." That would be the height of mis-management/mis-communication. If NWBO does not deliver at this ASM and kicks the can further down the road, it will have lost all credibility. If the TLD subsequently does not hit all end-points and is not stellar and understandable by Wall Street, nobody, at least market wise, will believe their analysis and explanations. They will be adjudged as non-credible. Long suffering investors will then need to wait for RA approvals before they see any real movement in the stock. There will be further financings one more toxic than the other. We all expected unblinding last year at least by September. DI bet a steak dinner. Here we are in almost mid-March and no unblinding, nothing. We have the company volunteering a very positive PR which implicitly, at least, promises that this ASM, at long last, will be interesting. You have the General Counsel telling accredited investors that not only should the ASM be interesting but "very interesting and exciting.

IMHO, NWBO put itself in this box. With apologies to my friend Longfellow, NWBO has no viable option but to deliver on its PR, lest credibility is completely destroyed. We all know--management, investors, patients, physicians and Wall Street---what interesting really means. It has to be at least significantly tied to TLD if not an unblinding. IMHO, LP can't stand up at the ASM and essentially say....we can't say anything about TLD, stay tuned, but here is a little tidbit that should tide you over until we can talk about TLD blah, blah, blah. I just can't imagine LP setting herself up for this. Why then voluntarily issue such a PR? It does not make any sense. I can't imagine Dave Innes agreeing to let a PR like this go out without any thought for the obvious consequences and then back-pedal. This would be an IR nightmare. Plain common-sense would argue against it. I know there are two versions but I choose to believe Kabu-san's report. It just makes sense.
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