Thanks, Doc!
I agree with you. I am sure that management has been forced into a number of bad situations and tried to do the best they could. Having met them at a couple of ASMs, listened to them, watched them, and looked critically at some of their choices and actions, I feel very much that they are trying to do the best they can for the people who have supported them and enabled NWBO to continue to exist. As you say, they could easily have allowed a great deal more dilution, especially over the last year-and-a-half.
It seems clear to me as well that they very much want to provide all the details people are itching to hear. They want to trumpet the success of DC-Vax to the world. On a number of occasions Les has said more than he should have. And honestly, I would not count Linda or Les as being particularly good public speakers. Communication really isn't their forte.
For all that I support their efforts, I absolutely acknowledge that they may not have been entirely truthful, they may have been misleading. But so far I have not been presented with evidence that proves that. Instead we are daily barraged with a bunch of conclusory drivel. 'The share price is X, or down X%, so the company stinks.' 'They said X and it didn't happen, so they are frauds.' I spent 2 years as a Federal pro se clerk, handling over 300 cases filed by federal and state inmates seeking relief and they invariably gave the same sorts of conclusory arguments. If you are going to attack someone's character then the burden of proof is on you to prove your allegations.
The thing about communications is that it is a two-way street. While it is reasonable for shareholders to expect timely, factual communications, a company should be able to expect that the public and markets will react in an appropriate manner. If you provide good blinded data in 2018, you should expect the stock price to rise, not crater. If every time you provide good news hack journalists and a bunch of anonymous bulletin-board posters twist everything, then are you really doing a service to your shareholders?
If you want facts, the price about a year ago was $2.50 and today it is half of that. Where did all of that money go (~$1 billion)? To the people shorting the stock and attacking the company. When good news comes out the stock goes up a bit, and then gets pounded as shorts drain the bounce from the positive news. If they don't coordinate the release of TLD, the same thing is going to happen on a much larger scale.
AI
