Linda, BoD, and SAB - Accountability is Required!
Linda, Les, DI, Marnix, the BoD, and SAB need to deliver something more than "interesting" at the ASM. Accountability!
I agree with your comments here Umibe and to my previous message. I, too, believe they will need to gain approval for additional shares, and if something more than "interesting" is not released before or at ASM, then the stock will take a more dramatic price drop - requiring many shares to be sold at an even more depressed price if she can even find a buyer.
This has been my concern for over a year as Linda and team or singular-focused, think they can keep missing deadlines and not communicating and thinking they will have the support of retail and friendly investors. I am afraid they live in a vacuum (like most in DC) and do not realize that not unblinding or releasing TLD soon will drive the company to bankruptcy. Have to look at the bigger picture.
I do not believe anyone will accept another timeline, as I stated earlier that they have no credibility because of there long history of not adhering to their schedule.
They also need to understand the same old excuses being a small company with few resources (staff, funds, expertise, etc) will not continue to be accepted. There have been ways out of this box, but Linda has allowed her ego and desire to prove her point to be right, at the expense of patients and shareholders.
Linda needs to get her ego out of the way and work with big pharma to deliver both the drug to market and shareholder value. There appears to be no focus on shareholder value. Hence, we continually see stock price diluted as she sells shares to friendly buyers that are starting to see they are holding worthless paper as they see the same pattern of ineptness.
If she continues the same actions, she will continue to get the same results, and many will die. Shareholders' investments will go to zero - including her 29mil shares and her friendly investors, will turn on her as well. Thus, I do not think she understands the gravity of this ASM and needs to provide unblinded data or TLD by ASM.
Northwest Biotherapeutics does not have infinite time! DCVAX appears to be a great platform but poor corporate management by an attorney and others is squandering a great platform.
Time for transparency and no more leading statements - Accountability and Results are Required.
DI please ensure Linda gets it right this time.
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