Have Linda and Les done a good job? I would say yes they actually have done a super good job albeit alone almost without the help of any capable deputies. DI and the like are just window dressing. They just serve as a buffer or something non essential.
But because of the age of Linda and Les -- around 70 in average, they can do only that so it's no surprise to see delay, delay and delay, of course a significant part of that is due to the complex nature of seeking approvals of DCVax-L by multiple RAs from a trial which is unprecedented in many ways. Nonetheless it will be definitely approved by the multiple RAs due to its results are "both statistically significant and clinically meaningful" -- conclusion from the high-impact JAMA Oncology landmark paper.
During the long delayed process, the vast majority of retail investors who have been repeatedly recognized as backbone of the support to the company by Linda have suffered emotionally and monetarily due to in a significant part, heavy dilution.
The management, mainly Linda and Les can and should show that we, the vast numbers of retail investors and the management are truly in the same boat; we shall suffer, endure, flourish and prosper together. The management can at least do the following:
1) Buy in open market, if having not yet scheduled, do now;
2) Rearrange the pay package. Cut substantially the future milestone payments of both shares and warrants; Compared to injecting new valor and confidence to the investment community by doing so, I don't see any difference of rewarding themselves with 30 millions or 15 millions of warrants (just example, not the real numbers); and
3) Throw off the shackles of the myth that FDA is a totally corrupted monster which has been better not poked or "offended" in any way so that NWBio shall continually operate in a stealthy mode behind the scene. Well the publication of the JAMA Oncology paper has changed that, or everything in effect. Nothing should we fear for now, and Linda and the gang shall embark on a new journey so that we won't be so passive anymore and instead we should take a more proactive role, fanning out people to promote the company as much as possible. Truth flourishes in light, not darkness!
When we remember the conclusion from the high impact JAMA Oncology paper re P3 DCVax-L trial for GBM: the results are "both statistically significant and clinically meaningful," nothing and nobody shall we fear! We should be in the teens when clouds are clear and dusts are settled. In the meanwhile, get dry powder ready to chase the shares until the 7 accused MMs and their complicit short can no longer manipulate the market.
Bullish
AI
