"The rule is, jam to-morrow, never jam to-day." Thus spake the White Queen to Alice in "Through the Looking Glass", and it could be NWBO's approach to keeping its investors (well, the hoi polloi investors) up-to-date with the Phase 3 trial and where NWBO is really heading.
I've been prepared to accept this non-informative style of management as being a defence from having nay-sayers twisting news from Management to NWBO's detriment. However, the time has arrived when Management has either to put up or be shut up.
Until this upcoming ASM I did not appreciate just how much money is being pocketed by Management - $502,000 for Mrs P and $495,000 for Mr & Mrs LG. If management pulls any stunts at the ASM to delay unblinding of the Phase 3 DCVax-L trial by any significant amount of time, those sums are going to figure strongly in my deliberations. If I get out now, I will lose only a few thousand dollars but at least I'll no longer be supporting Management in the style it so clearly has become accustomed to over the years. They may be worth it but I'm now having a hard time convincing myself that this is so and I don't know how long I can continue to persuade myself that this company will come good rather than this company remaining a cash cow for Management.
The problem is what leverage do the common-or-garden investors have to persuade this management to change its style of management?
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