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Pharmboy46

06/02/19 9:04 AM

#230368 RE: IkeEsq #230367

Both you and Dr Diver are exactly right. Thank you both (as well as many others) on this board who have elevated my understanding of this NWBO experience.

MI Dendream

06/02/19 9:49 AM

#230379 RE: IkeEsq #230367

Ike and Diver,

Next time a diamond in the rough baby biotech shows up, I say longs on this board band together and get ourselves a seat or two on the Board of Directors. There is enough experience here and among our friiends to have a say and make a positive impact on a beaten down biotech. Shoot, we may have had enough clout to do it here if we unified.

While I plan to hold a sizable piece of NWBO for a long, long time, I also will be banking profits along the way.

Dendream

antihama

06/02/19 10:14 AM

#230386 RE: IkeEsq #230367

Totally agree.

They pop in, make some unnecessary changes they claim through bad statistic will lower costs or improve productivity, then leave before the true effects can be felt with a fat bonus and another line item on their resume.

You see this crap happen all the time. New management comes in and downsizes or sells subsidiaries or take on debt or whatever. Invariably 5 - 10 years later, their moves don't look so good and new management comes in and does the opposite. Ditto on government, "if I'm elected I'll get contractors to do garbage disposal; government pensions, medical costs makes in-house prohibitive", years later someone else comes in and says "Do you see how much our contractors are costing us? If we hire our own municipal employees it will cost us half as much." And the cycle begins again. Sometimes ya gotta say "If it ain't broke just tweak it" Sorry for the ramblings but you hit on one of my pet peeves.

Poor Man -

06/02/19 4:16 PM

#230463 RE: IkeEsq #230367

Objectively, any CEO that manages a company that loses a significant value in its stock price during a bull market for biotech; engages in highly dilutive and toxic financing; runs into compliance issues with Nasdaq (not once, but twice); had to delist from a major exchange; and are the target of a SEC investigation, would in all likelihood have lost their job for any one of those -- most certainly for any two of the five.

Ike, you recall that woman at the ASM who was a former vice president at Marsh and Mclennan w/ a background in M&A, she didn't think too much of management either. And that's someone with a heck of a lot of high level business experience and success. (I felt her pain.)

Suffice it to say, we'll all be very fortunate with the success of L and be able to say all's well that ends well. And if L is a major success, Linda Powers will be one the wealthiest individuals in the United States when all's said and done.

Beautifully said, iwasdiver. It is easy to make conclusory statements about how Linda Powers is doing such a bad job. Usually with the explanation "look at the share price" or "toxic financing." But few enough people seem to have even the vaguest clue what NWBO management has had to go through and accomplish.