NorthWest Biotherapeutics Inc (NWBO)

[JRIII]

I don't think this started out as a scam, but I do think it has ended up as one. It became a scam when they learned that, for whatever reason, the trial likely failed five or so years ago, and instead of starting over on a new, better conceived trial with lessons learned, they decided to plow ahead thinking they would be able to get the FDA to go along with their new pie-in-the-sky direction, which was always a long shot at best. And they chose not to tell shareholders what they were doing. Now they've got nothing and they know it. They are just playing games, and shareholders have suffered unnecessarily for at least five years.

Just think, if they had made the more prudent choice we'd be five years into a legitimate trial with a really promising product.