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Replies to post #589517 on NorthWest Biotherapeutics Inc (NWBO)

Replies to #589517 on NorthWest Biotherapeutics Inc (NWBO)
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vator

04/29/23 9:43 AM

#589518 RE: CherryTree1 #589517

That is Linda’s explanation. There are 2 sides to a story and we got one.

Riddle me this being promised a number of ASCOs ago we were told they were gearing up for phase II Direct trials. I must have missed the trials they promised. You never got an explanation why they did not take place. Just another promise evaporates into thin air.

Horrible CEO. I would not have even thought of taking $15 on a buyout but she has tired me out. Destroyed shareholder value at ever turn she takes.
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vator

04/29/23 9:45 AM

#589519 RE: CherryTree1 #589517

She always takes care of #1 but she is incredibly vulnerable right now and it is her doing.
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exwannabe

04/29/23 10:05 AM

#589522 RE: CherryTree1 #589517

The parting of ways occurred when he forced Linda to engage Ondra. She did and then Linda realized that this company was working to steal NWBO's proprietary technology.


Pure BS.

The legal issue was a dispute between Cognate and R Smith (a sales and marketing guy) where Smith sued (and won) Cognate for back pay,. LP tried to counter sue Smith with a suite alleging he stole IP when he left with his company notebook. LP's counter suit was dismissed by the Court.

The relation between Ondra and Smith was nebulous at best. N Wolf worked for Ondra and was also on the BOD of a company that hired Smith. There was never anything related to NWBO technology in play.

LP played that card as a screen for the fact that she was blowing off NW who was at the time the only serious source of cash. W/o NW cash, the fully diluted share count escalated rapidly from under 100M then to over 1.5B today But it allowed LP to remain in full control.
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Poor Man -

04/29/23 10:17 AM

#589527 RE: CherryTree1 #589517

Ondra is a financial advisory firm. Nothing they asked to review and meet to discuss is unusual given the scope and nature of their work. I agree the conflict of interest should have been disclosed and NWBO was correct in terminating their contract. But that’s still a leap from drawing the conclusion that Woodford was engaged in industrial espionage and stealing proprietary technology.

https://www.ondra.com/our-story