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Re: exwannabe post# 429019

Wednesday, 12/22/2021 2:35:17 PM

Wednesday, December 22, 2021 2:35:17 PM

Post# of 708908

Of course the trial failed. Everybody knows this.



if everyone knows this as you assert then NWBO management and its scientific board of directors know this too but refuse to disclose this which is againts SEC rules.

So Im rehassing my question which you keep avoiding are you then also asserting NWBO management and its scientific board of directors are swindlers, crooks for not disclosing a failed trial and will be investigated by DOJ and or SEC?

Please answer and stop avoiding my question are you saying that?

https://westwicke.com/2019/11/keys-to-successful-disclosure-of-clinical-trial-data-and-milestones/


Failing to properly disclose material events regarding clinical trial data may result in more than harm to company’s reputation. It could lead to an investigation by the SEC and/or DOJ if the agencies believe that the company has intentionally deceived investors. The FDA may assist these inquiries, and in fact, the FDA and SEC now have a specified mechanism in place that facilitates FDA reporting to the SEC if they come to believe that a company may have made a false or misleading statement to the investors. SEC and DOJ investigations pose a much graver risk than ordinary commercial litigation, as consequences may include substantial fines for the company and its executives, bars on serving as an officer at a publicly traded company for a period of time, and, in extreme cases, criminal prosecution including potential jail time.

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