Replies to post #292096 on NorthWest Biotherapeutics Inc (NWBO)

[biosectinvestor]

I’m not one who says that they have a general legal duty to immediately disclose in the same way that others claim. I do not think the law works the way some suggest in their postings.

There are reasons to disclose relatively soon after they have TLD, certainly. I do not tend to think the same way people do on bulletin boards with regard to conspiracies and other fanciful assumptions about motivations.

I do think they will follow through on what they said in their press releases. But whether that will absolutely and immediately satisfy everyone, bulletin boards are a cantankerous lot.

[anders2211]

If you read you know

https://news.bloomberglaw.com/securities-law/insight-the-sec-fda-nexus-best-practices-for-publicly-traded-life-sciences-companies

is it true to say that the company has to say within a certain timeframe from datalock whether the trial failed or didn't meet endpoints etc?

The answer is yes especially for a biotech with 1 product in trial