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scotty3371

02/13/20 3:24 AM

#264541 RE: sharpie510 #264518

So the later the asm the better? You might be right. So if nwbo announced asm 3/16/2020 we would expect news before then, why else wait so long?
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sukus

02/13/20 6:16 AM

#264548 RE: sharpie510 #264518

Excellent post. Thanks sharpie.
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highwayman4life

02/13/20 9:24 AM

#264557 RE: sharpie510 #264518

Spot on sharpie510!!

GLTA
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flipper44

02/13/20 9:32 AM

#264563 RE: sharpie510 #264518

False logic. They waited to conduct the ASM last year, and nothing significant occurred at it regarding the trial. This year that allowed them to push out the ASM even further. The ASM has nothing to do with result timing imo.
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scotty3371

02/13/20 9:41 AM

#264564 RE: sharpie510 #264518

The company has no access to $$$ Company is worth 100 million.

I do agree that asm is being strategically placed.
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exwannabe

02/13/20 9:54 AM

#264575 RE: sharpie510 #264518

The company has made it clear they have access to more money from friendly investors if needed.


How have they made this clear? Meaningless off the record chatter reported by third parties?

I would look at their actions. Direct has been on the shelf for over 5 years now. Supposedly for money reasons. A P1/2 would not cost very much. Why not get the cash for that?

Virtually any public company can raise cash at a price. NWBO is raising small amounts at a high price. That is the mark of a company struggling

The "small raise means news is near" argument has been used here over and over again for the last 4 years. One can probably find about 1000 posts making this asserting that have been wrong in the past.

And the last 2 ASMs both had posters claiming the ASM was late in order to wait on news,