Good Morning All. OK a contrary perspective from a loyal long who has previously always defended management
1. Management’s obligation is to maximize shareholder value
2. Here that obligation happily is wholly consistent with meeting the moral goals of management and our research partners because share price increases allow (pre-approved products) continued operations - preferably without toxic borrowing.
3. The biggest chance the Company ever had and likely ever will have to impress upon the financial community the importance of its technology was, I am sorry to say, yesterday. “First Impressions.” “Control the narrative.” “Momentum.” “Long-awaited and Earthshaking” results. Any way I am able to think about it yesterday was the day. No “do-overs” in real life - yesterday my friends was real life not “Ferraris.” Mike Tyson - the boxer - I think said, “Everyone has a plan until they get punched in the face.”
4. The narrative, instead, is about a catastrophic SP decline. Instead of a world-improving treatment breakthrough.
5. The market has graded management’s management of the entire situation: F minus. Show me a similar situation where a publicly-traded enterprise has truly “earthshaking” POSITIVE information to disclose and where the share price plummets 80% or whatever. Seriously- give me another example. Even close. Especially where the company has for months at least, had that information available and been able to PLAN a disclosure THAT RESULTED IN MAXIMAL SHAREHOLDER VALUE.
6. So now instead of a series of PRs coming on an orderly-market share price of say even $2.00, we’re all and management had freaking better be in Full Recovery Mode to overcome the FINANCIAL news that inevitably carries the message that the trial was a failure. That’s the public legacy of what happened. What non-follower of iHub is going to believe that a medical breakthrough happened when the stock lost 60% of its value? Ppl on THIS blog don’t all understand that. “How stupid do you think I am?” will be the obvious question of the retail investor that must be answered - with a very long explanation that few will believe.
7. And retail investors are the target market bc management has made it clear they don’t plan to sell, and institutional investor aren’t touching NWBO with the proverbial 10-foot pole. Tho BEFORE yesterday some had some reasonable hope of stable share price above a penny stock, uplisting, and what might have followed.
8. Yesterday was a financial event that management mistook as a scientific event. The cognoscenti were reading ahead to get to the right presentation slide. THE PEOPLE WHO CARED ABOUT SHARE PRICE WERE MAKING MILLIONS, STEALING SHARES FROM INNOCENT LONG INVESTORS WHO DID THE RIGHT THING BY BUYING IN ADVANCE AND HOLDING, and generally, RUNNING RINGS AROUND MANAGEMENT AND THEREBY SERIOUSLY DAMAGING THE COMPANY AND ITS ABILITY TO OPERATE WITHOUT CONTINUALLY LOOKING TO BORROW MONEY.
9. We who were sickened by yesterday but held on will recover some but never all lost value. Not to mention the real emotional trauma and disappointment. Those who were railroaded, never backed by management, and sold, will not.
F MINUS
