Replies to post #68113 on NorthWest Biotherapeutics Inc (NWBO)

[HappyLibrarian]

Mr. Goldman is either:

1. Doing very little if public relations is his primary role

2. Stretching himself too thin to be effective if public relations is but one of several hats he wears.

If it is 1 then Mr. Goldman probably needs to step down.

If it is 2 then Mr. Goldman needs to help hire a dedicated PR person because no one can credibly argue that NWBO's PR operation is adequate, especially given the dire financial situation, abysmal stock price and negative perception out there about this company among those who even know NWBO exists.

Personally, I hope we're looking at scenario 2, in which case hiring that new PR person is a win-win since Mr. Goldman can focus on whatever he is actually doing and do it better, and while Mr. Goldman is busy doing that the new PR person can be doing things like:

1. Educating analysts about NWBO and helping set up quarterly conference calls for Ms. Powers (who doesn't seem to be familiar with that means of informing stakeholders of a publicly traded company).
2. Getting earned media to discuss NWBO's existing accomplishments.
3. Presenting news about all topics NWBO is legally allowed to talk about in a timely and effective fashion.

[pgsd]

Carry on the good fight Maverick. I am sure there are many like me that find your posts highly informative and intelligent. You also provide a fascinating insight that many could and should learn from whether in the context of investments or in life. I know you are strong enough to help ensure those that would relish the demise of NWBO win. Thank you for your time and efforts.

[HappyLibrarian]

On January 29, 2016 the share price was:

$2.0800

Over 7 years later it’s now:

$.069 a share as of Friday, September 15, 2023. I think it could break $0.70 today. We’ll see and I hope it does go and more.

I was right and sincere to criticize how media and investor relations were being handled at NWBO in 2016. Their seemingly broken promise to proceed undeterred after Dr. Buzdar criticized them publicly for good communication is still bitter especially since smart shareholders knew what would happen just now how bad it would get. Now NWBO is slick with words so maybr thru can say they meant undeterred on the science but last so checked Dr. Buzdar was not demanding they shut down Direct but only (improperly demanding) that they shut up about it.

So yes, the biggest thing I really got wrong was how bad they would let the share price get and how long this whole thing could be dragged out by these folks with little change in communication before they finally started a hint of reform in August 2023 by providing a fairly clear timeframe on submission.

The next thing I got wrong was how very little big catalysts would matter for the SP if NWBO made such a desultory effort at media relations and engaging with investors when the catalysts came. I naively thought that something like TLD would finally be it or even that first long delayed JA (which was supposed to be in a big journal) or even a conference presentation would grab media attention despite NWBO’s reticence and that would be that. If nothing else I thought patients might notice a milestone like TLD and start pushing if no one else would though this was a long shot.

The narrative of spoofing has been advanced very late in the game and maybe a jury will make a finding of fact that the narrative has truth to it and maybe that will be a partial explanation and the company cash in that way or via a settlement and maybe get DCVax Direct moving again. Maybe, maybe not.

Even so, it is widely and well understood that pre-revenue biotechs that fund themselves via dilution mostly have to support their SP by executing on catalysts and just as importantly, consistently communicating the company’s story to shareholders and potential shareholders of the share price is to avoid a natural drift downward as the share count is inflated but no revenue or little revenue comes in.

Hopefully NWBO management is finally listening to shareholders and if so you will see the good results that come from better communication since as seem, big catalysts do little without communication.