Right, there is absolutely no way a biotech cannot disclose a material event — in the form of a failed trial, not meeting its end point — within a short period of time.
Immediately is immediately, forget about four days. I’ll say it again, a biotech and its management are walking a legal minefield by waiting to report a failed trial, ASAP.
What are the odds that NWBO has not yet received TLD? What are the odds that option valuations require additional attention w/o TLD as a trigger?