Doc:
Thank you. I have had a lot of interaction with NWBO over the years and I can tell you that while they are dedicated, hardworking and intelligent, they lack a certain amount of "street-wise" common sense. I have always admired individuals with a lot of street smarts as opposed to those individuals who are professionally and academically credentialed.
David Innes is their link to the market and indeed to the investor on the street so to speak. I wonder whether he has counselled them persuasively in thinking through some of the actions they have undertaken. There are two main constituencies to my mind: regulatory where the science essentially reigns with the capability to execute and "scale up" as LL declared in her recent interview which described NWBO to the 4 corners AND market(public) perception. NWBO management does not seem to appreciate the difference. Perception is extremely important(with factual truth backing it up of course) as it influences investment decisions and quality/level of funding.
IMHO, I think that the science(not silence if you will appreciate the alliteration)is golden, the regulatory atmosphere appears to favour NWBO especially if the guidelines, as LG has said, were essentially written with NWBO in mind, but....the perception engendered is to a certain degree destructive and self inflicted. I do not mean to harp on Mr. Inness but I would have hoped he would have brought at least a modicum of "perception supervision" to the company. Perhaps he has tried but has not been as successful as investors would like and expect. Linda and Les, both being lawyers, are hard-line debaters and it is not easy to get in a word edge-wise. I know....I have tried many times. JMHO.
