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JRIII

12/30/20 2:24 PM

#343679 RE: ccie1024 #343649

Merck's Disappointing 2020



Hey, look on the bright side. At least they got world-renowned doctor, scientist and M&A researcher Kevin Duffy back! After that, everything else is no biggie.

Hilarious to think there are still people here every day talking about Merck's imminent multi-tens-of-billions buyout of NWBO. It's laughable, yes, but it's also kind of sad how little understanding of the corporate world these people have. They don't understand how business really works at the highest levels, and they can't understand that a company like Merck has zero interest in spending a single dime for a trash company like NWBO, which has no income, no product, no hope, and is run by incompetents who can't even submit regulatory filings on time. Basically, NWBO has no business being a public entity at all. They shamelessly flaunt even the most minimum requirements for public disclosure, and their actions are not in the best interest of their shareholders but, rather, themselves.

So, yeah, Merck might have had a bad year, but if there's one thing in this world I can 100-percent guarantee every person who reads this message board, it's that Merck will not compound its bad year by investing in a shit company run by liars who have been sitting on a failed trial for more than five years. Oh, and that goes for every other pharma as well. That's because companies like Merck do have their shareholders' best interest at heart, and they have boards of directors who ensure that is the case. NWBO's board of directors, otoh, is a complete waste of time that does nothing except collect paychecks and approve bonuses for meeting fictional performance targets. But it doesn't have to stay that way.

NWBO shareholders have been asleep at the wheel for far, far too long. They have missed every opportunity to hold the leadership of this company accountable, and now they seem more than willing to put their faith and trust in people like the head of investor relations, a man who is literally paid to peak their interest by selling them lies and keeping them chasing their own tails. And they fall for it, every time.

Shareholders should instead be directing their attention in the one direction where it might actually make a difference, and that is by demanding action from this useless NWBO board of directors and threatening to shake things up unless there are results. It's probably too little too late, but if people are really as sick and tired of this company's total disregard for its shareholders as they indicate, maybe they should start calling and emailing a few of the directors instead of DI's Office of Disinformation. It's how change actually happens in the corporate world. I know that concept is new to most of you here, but there is a governance structure and a chain of command, and threatening to shake up a board of directors is definitely an effective way to spur action.

You all seem to think that TLD or a merger or a partnership or some major piece of news is coming in the first week or two of 2021. But you all have been saying the same thing literally for years. When it becomes obvious that there won't be any news in January, I'm hoping at least a few of you will come around to my way of thinking on how we can demand accountability. It's way past time, and if there isn't any news in January surely all of you faithful believers can remove your blinders and begin to see what is really going on here. Demanding accountability really is, I'm afraid, the only way out of this mess.
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marzan

12/30/20 2:30 PM

#343680 RE: ccie1024 #343649

Merck sold off their stake in Moderna.