The most predicable behavior w/ regard to management is their abundance of excuses, which are just next level. They will find and use any excuse no matter how relevant and without shame.
You could fit these nouns into any number of NWBO excuse laden sentences: Shorts; Spoofers; Market Makers; Nasdaq: Ondra; Woodford; AF; SEC; FDA; Covid; Pages; Scanners; Politics; Stat; NVCR; OTC; Pre-revenue; Contractors, etc. Sure I’m missing a dozen or so other nouns used as excuses, but that’s a good sample. However, to the contrary, possessive pronouns are never used by management. Shareholders never hear management say it’s “our” responsibility, or it’s “our” error in judgement, or “we” own this and will fix the problem. The buck never stops at Linda’s desk, apparently?
Here’s a lesson about Covid and business. Yes, businesses were broadly impacted, and many are still recovering from at least some of the negative effects — mostly in certain countries in Asia, Central & South America, and Africa. But nevertheless, Covid lifted the curtain to reveal the weaknesses of the most poorly managed companies whereby the business impacts continue to remain the most noticeable.
Much like culling of the herd, it’s the weakest and sickest animals that are the slowest to recover and the most vulnerable to be taken down. That’s especially true in the US and EU, where better managed companies have regained their footing, while poorer performers are gone or severely lagging behind their competitors.
To still be using Covid as an excuse as the reason for being grossly behind schedule, especially in achieving critical milestones, is simply more evidence of fundamental problems and flaws underlying the management and governance of NWBO.
Covid has made one thing abundantly clear about management: the herd is not well, and a partner will likely insist on them being replaced. And maybe that’s why we haven’t seen any new hires at NWBO. Perhaps that will be up to the partners to decide.
