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PacificNW

05/24/16 12:47 AM

#62712 RE: Doktornolittle #62711

I understand and happen to agree with you, but the way in which I run my (small) business is I have to plan for worst case scenario ALL the time. I have to have financing in place ALL the time and before hand not after, before doing anything. I have to be ready for a crash in the economy. If anything could go wrong it usually does albeit it is typically temporary even though it can last longer than expected.
IMHO NWBO has failed in these areas and it needs to be pointed out. Everything else that happens is out of (my) their control but everything else is in (my) their control but they act like there is absolutely no planning in certain areas.
So when we talk about Big Pharma, Biotech crashing and all the AF's out there which one cannot control or prevent I want to make it crystal clear that these things just need to be contained and massaged but areas like financing which is the critical life blood of the company cannot be ignored or unplanned. A CFO needs to plan for all scenarios and always take advantage of good times and avoid financing in bad times. This advice was not heeded. What does that say about NWBO not having a REAL CFO then is the big question, maybe that is what happens when you have one individual wearing multiple hats and not handling multiple tasks effectively. LP may be great at steering the company through beaurocratic red tape and dealing with Public and Private agencies but can one person do everything well? I cannot tell yo if Sawston real estate deal was a great buy, it might be the steal of the century but we will never know it until they go to refi or sell it or use it.
I just can't allow you to or anyone to cheerlead and give only positive angles all day long, we still need t be fair and balanced. There are reasons why my investment is currently in the toilet and it isn't just Fox Mulder chasing the truth and conspiracies.
This is all my opinion as always.