NorthWest Biotherapeutics Inc (NWBO)

[JRIII]

How is this benefiting them vs if they had quickly made bad data public?

You know the answer to this question because you know what's going to happen when they reveal they've been sitting on bad data for six years. The share price is going to tank close to zero. How are they going to raise money when that happens? How are they going to pay their salaries?

They won't be able to, so it definitely benefits them to sit on the bad data as long as possible. This is just common sense. As Biden would say, "Come on, man!"

I know no one wants to believe it (and, honestly, I don't want to believe it either, because it disgusts me), but I believe that really is what is happening here and has been happening for a long, long time. I've said many times that I think they learned this trial failed back in 2015. They had a choice to stop, learn from what had gone wrong, and start over. But they didn't. Instead they just decided to keep going because they knew they could change the focus to overall survival, keep raising money, and drag things out for years. After all, if the focus is on overall survival, then the longer you drag things out the better some shareholders will think the results are going to be. And that's exactly what happened. Some shareholders ate it up, even though there was no substance to it. Then they thought they would get cute by changing the endpoints and using historical comps. They didn't even tell shareholders that's what they were doing. They just tried to sneak it by. But I think anyone who has studied this business at all knows how well those types of moves go over with the regulators - not very well.

So that's where we are. I wish we weren't, but I've been telling you all this for years now and no one wants to hear it. It is a perpetual series of cycles, a game. Only those of us who have been here a long time have been through enough of these cycles to see the eternal pattern. Wash, rinse, repeat. NWBO has mastered it. Everyone here should read Beckett's "Waiting For Godot." That play carries many important lessons for shareholders of NWBO.

Everyone wants to know why I am still here. I am still here because I care very much about accountability. In the end, I just want them to be held accountable for what they've done and the way they have treated shareholders. That is why I am here, and it is why I still own shares.