NorthWest Biotherapeutics Inc (NWBO)

[skitahoe]

I can't say this will be the week, or even the month that data lock is announced, or the month that TLD is announced. I feel reasonably certain that this will be the quarter that both will be announced, and if at the Annual Meeting they'd said that they expected it by third quarter, none of us would have been concerned, or had that much to talk about.

Of course that's not what they did, they said late June, early July for TLD, and we were told by DI that we'd be told of data lock as well, clearly they're running nearly a month behind, while they probably did a soft lock, they're still well behind.

I would suspect that before they ever made the commitment they asked those who'd be responsible for doing the work how quickly it could be done. We must remember, it's not the people at the company that are doing this work, it's clinicians and others, and they're blinded to what's being collected. I cannot say if they're told where the hangups are, or specifically what's causing them. I'm sure they're well aware of how frustrated stockholders are, but they also know that the SEC views certain things as hype, so they may not want to release something that the SEC could object to.

Another company I'm invested in has already announced that they'll post results for the past quarter, and hold a webcast to review the quarter on July 31st. I'm not saying that NWBO can be ready by then, or that they have to, but if they could, and if data lock and/or TLD is not available by whenever they announce quarterly results, it certainly would be an opportunity to discuss it both in the manuscript for the report, and they could do something they haven't previously, host a webcast. Hopefully we won't have to wait that long, but if we do, it would be the appropriate time for the company to update us, and the SEC would have no qualms about such an update.

Gary