If what you say is true, then Dave Innes is not only naive and out of touch with the perception created by the ASM announcement but rather intentionally disingenuous. If he uses "interesting" as a weasel word, then he is knowingly ignoring what "interesting" really implies. The "elephant in the room" is upper most in investors' minds. Wall Street, physicians and patients are all hanging on with baited breath on what is "interesting." Indeed, last year, a definitive time table might have been "interesting." In fact we were all given a time table by none other than Jerry J. board member. Didn't he say with conviction, and supported by LP, that in 3~4 months there would be a string of PRs regarding developments such that the SP would be upwardly effected in order to create a much better acquisitions environment? Didn't Jerry J say that he was experienced with mergers/acquisitions? So what happened? This was blown as was his, and NWBO management credibility. You would think that BOD members would be clued into the company plans.
This time around, more than a year later, it is too late for timetables and their announcement is completely meaningless. Nobody believes it with management's and even BOD's track-record. It is more than likely that we would all believe that timeline prognostications would be blown. Why waste a perfect record?
In my conversations with LG, I once again explained the foregoing. The only thing that matters, that is 'interesting", is top line. He is not going to announce a partnership, acquisition, merger or anything else of interest unless and until TLD is announced. Potential partners, suitors, etc. have waited this long and assuredly won't make any move until TLD is known. That is the realty. TLD is the gateway to other "interesting" things. Without TLD, nothing else is really of any significant interest to anyone. TLD is top most on everybody's mind.
Skirting top line will confirm the perception that NWBO is again, for no discernible reason, kicking the can down the road. All credibility will be lost and IR a laughing stock. Might as well get rid of it and save some cash and bonus shares. No telling what will happen to the SP. Definitely single digits. LP will end up having to finance out of her own pocket because there will be no financing deal toxic enough to attract the vultures.
Is management this naive? Is the ASM really going to be a nothing burger with no PR build up between now and the ASM? No TLD then but "we are planning to announce it prior to the former ASCO Exhibit dates or soon thereafter...." If that's the case, even the most ardent supporters will have had enough and I would hate to say it, but Scotty would be right. Accordingly, with all due respect to you, you misunderstood DI. If he said what you claim, he is one dumb SOB and should be terminated forthwith.
