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HappyLibrarian

09/13/21 7:31 AM

#401559 RE: biosectinvestor #401541

You brought up fraud whereas I am discussing accountability.

The way the laws are set up and regulations (including the 12 month rule for releasing TLD) NWBO management does not necessarily need to break any laws to run NWBO was if it were a privately held company.

I do not know whether or not NWBO has committed fraud or merely been serially misleading within the confines of the law.

On the fraud front, even many management apologists stipulate to and celebrate the fact that NWBO has engaged in ‘misdirection’ and while they focus on how that deception impacts supposed short interests, by definition it impacts all shareholders. Therefore there is zero question that NWBO has deliberately kept shareholders in the dark snd wanted to prevent everyone, including shareholders from knowing what is really going on and to think things that they knew were not true for example that catalysts were imminent when they are in fact far away. Obviously without access to their records it is hard to prove what they knew and when they knew it (which is why transparency is a key issue as well). The only question that remains is whether what they are doing is legal from a criminal and civil standpoint. Given that the applicable laws are written for corporate interests I would say that what they have done is probably legal and so, technically there has been no fraud.