NorthWest Biotherapeutics Inc (NWBO)

[HappyLibrarian]

There is cause for concern but not surprise and here is my guidance:

Above all, prepare for a longer wait than even grizzled and grumbly long term shareholders expect if this is true.

Beyond that here are some points:

First this an alleged conversation with Les Goldman not a confirmed one.

Second, if true, the fact that the statistical analysis is not even done and by extension the clock on the article publication and thus TLD has not even started yet is disquieting but not at all surprising. This does make NWBO’s talk of September 2020 for TLD downright scandalous and we have already established that they knew or should have known that September 2020 TLD was never going to happen when they gave out the timeframe.

Third, the fact that Les Goldman was “upbeat” and seemed sincere and trustworthy is at best meaningless and if anything a bad sign because that is exactly how he came across to shareholders three or four years ago when he knew or should have known NWBO management was going to force shareholders to wander in the wilderness far longer than they wanted us to know.

Fourth, the expectation about the 4 Day notice is worthless especially since it is plausibly deniable over the phone. NWBO has not even stuck to publicly given expectations with September 2020 for TLD being a great example that should still sting especially if the statistical analysis is not even done yet. So of course they will say they do not expect bad news. Who would? That is not binding and means nothing.