Replies to post #46691 on NorthWest Biotherapeutics Inc (NWBO)

[Jack2479]

I agree with you but for $150k per month retainer you would expect Ondra to manage client expectations around confidentiality and so for the buck spent the professional services have to be 100% beyond reproach. It just makes a sham of Ondra's business model. It lists her role with macrocure on her linkedin page as well as on the Ondra page and as a board member of Macrocure you have to assume she was aware of the litigation with Cognate....if she has a hole in her ass she should have spoken up very early on. I have no doubt she informed the board of Macrocure and it was discussed. Ondra should suspend her pending an investigation and the return of all confidential material.
Malik gets suspended from Cenkos based on an anonymous report about his conduct with NWBO from phase five.
Wolf gets hold of highly confidential information by not disclosing a conflict of interest. The management of NWBO should be rightly very angry.

[sentiment_stocks]

If you were to ask me, I don't think Woodford knew, so I'm not accusing him of purposefully placing Ondra in this position.

In fact, that really makes no sense because having Ms. Wolf privy to information she shouldn't be privy to (serving on MacroCure's board) does nothing to benefit Neil Woodford's investment here. Most likely, he simply chose Ondra because he's worked with them in the past and found their work acceptable to him.

Ms. Wolf was probably chosen as one of the partners to meet with NWBO because she is American, and has a background in healthcare. She's closer, and knows the industry. Linda probably first trusted them, since Woodford had recommended them... but with Ms. Wolf's probing questions, grew suspicious.

Now... is this the first Woodford is hearing about this? Or did he find out about this previously? Either way, I posit he didn't know about her relationship with MacroCure. I'd think he'd be none to happy to hear of it.

Hopefully, he'll understand why Linda might have chosen, then, to take a closer look at Freeh, since perhaps she didn't take such a close look at Ondra first.