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jon_k84

08/27/23 4:49 PM

#625307 RE: The Danish Dude #625306

To be fair, I can understand people's anger at management (and you know I'm a real long).

They were dealt an absolutely brutal hand with the whole pseudo-progression business in 2016. They did what they had to do to keep the company afloat, and that includes not being totally upfront about timelines and risks with the PIII trial. Most people had no idea that trial would take another 5 years and thought TLD was just around the corner. A lot of major players lost a lot of money (i.e. Woodford). I forgave them for it... many did not.

A lot of people have a bad taste in their mouth and are terrified they'll do the same thing with MAA. I don't see it that way - they have the data they need to get this approved - they just need to package it in the right format and send it on its way.
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hankmanhub

08/27/23 5:59 PM

#625320 RE: The Danish Dude #625306

I am fully on board with the law suit and following it as closely as I can. Hoping for great results. The only question is whether it will settle or will go to trial and how long that might take.
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HappyLibrarian

08/27/23 6:42 PM

#625329 RE: The Danish Dude #625306

The cause is not dishonesty but that NWBO wasted a huge chance to restore damaged trust with opposition shareholders in September 2020 when they said to us that our long wait for TLD was coming to an end - that same month.

Then the month came to an end and we waited 5 days only to learn they they were not merely running a little late as we hoped and prayed but that no, they had decided ‘No we’re going to drag you through hell some more.’

Once more those of us who trusted management again our better judgment we’re made fools before family and friends.

They shattered trust that was just beginning to be restored and nothing they’ve done since has helped repair the damage.

So by the time they talk about spoofing, we just aren’t going to credit it.

It comes across as another in a long series of shiny things to act as a pressure release valve so that the payoff for shareholders can be delayed for reasons that make no sense.

If they had made a different decision almost three years ago, then they would have had fewer shareholders opposing them.