Gary, when is a quite period not a quiet period?
Well, there are two legitimate reasons I can think for a quiet period. Either it involves SEC regulatory requirements w/ regard to public offerings or a function of contractual non-disclosure obligations with third parties that otherwise don’t violate the law.
A quiet period should not be a method to avoid accountability for managerial mistakes and misstep, nor should it be based on an ad hoc decision to indefinitely keep shareholders uninformed of material information. Unfortunately, the quiet period as applied by NWBO is now just seen as a random decision, which may be interpreted as a form of avoidance to keep shareholders uninformed of important information concerning the stock they hold.
Right now, no non-insider shareholder can say what they own, nor can they justify what they own as having intrinsic value.
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