NorthWest Biotherapeutics Inc (NWBO)

[Umibe5690]

Skitahoe:

Les was talking about a date for announcement not necessarily at an ASCO venue. At the time he communicated this to me, he already knew that ASCO would not take place in person and I understood that ASCO was cancelled. He did not promise that the announcement would take place on that date but that it was one that they had aimed for. The announcement could take place earlier or later, most likely in first half 2020 and definitely in 2020. So the date is not in stone but announcement in first half 2020 seems more likely. This may somehow support statements made by DI that, at least to some extent, the timing of TLD announcement is not entirely within NWBO's control. To be sure, there is wiggle room. However, they are under extreme pressure to make the announcement before too long. It is entirely possible that at the time LP made her invitation to an interesting ASM, she felt that 2 months would be enough of a cushion to announce something "interesting". It may be that something slipped but LP nevertheless decided to go forward with the ASM rather than postponing it. Hence, a distinct possibility of more of the same---stay tuned. However, IMHO, I think it is clear that she will need to say much more than just stay tuned. The recent financing virtually assures that. Investors don't like to be led on and then be disappointed after investment by a "stay tuned nothing burger" ASM.