Thanks, while I felt there were examples of this happening in the past, I didn't have one to cite. There is no reason to believe it cannot happen here.
Most of the stocks I've invested in had investors critical of management, it's not something exclusive to NWBO. In most cases I could agree with at least some of the criticism, yet in the end the management did keep the company alive, and sometimes, that's the best thing they can do while developing a winning product. In some cases that product never comes to fruition and the company's left worthless, but it can go the other way as well. The CEO who months earlier was highly criticized becomes the toast of the town as investors make a fortune.
Our CEO may have done some bizarre things to keep the company alive, many may have done it differently, but in the end, if the DCVax family of vaccines prove to be successful, all who hold will be well rewarded. Certainly our CEO and other executives with the company who've gained many shares as bonuses will do very well, few investors will have done better. The point is, investors will have done very well, and that's all that matters to me.
Frankly the CEO's I'd put down are people like the leadership of the Big 3 automakers back in the 1960's, 70's, etc that permitted American named products to become clearly inferior to the foreign competition, even when the foreign cars were made here in the U.S.A. Many of those people made fortunes while their companies needed Govt. support to remain in business years later, they sewed the seeds of that failure.
I admire people like the founder of Federal Express who at one point couldn't make payroll. He took what assets he had to Vegas and got lucky enough to make payroll. I don't know what he played, but clearly he played it well, and kept the company alive. It had to stay alive before it could thrive. Our CEO has kept the company alive.
Gary
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