Replies to post #741075 on NorthWest Biotherapeutics Inc (NWBO)

[Steady_T]

The company has legal requirements about communications with stockholders. Filings with the SEC and material events.

Beyond that, it is the company's discretion as to what information to share.

You may not like the amount of information the company chooses to communicate but as long as it complies with the legal requirements not a lot you can do except bitch about it. Well..... you could sell your shares and walk away.

[GoodGuyBill]

Doc answered you. You don't like the answer because it doesn't fit your narrative.

Your question:

Doc

Please help us understand why couldn't they tell the shareholders what the reason for screening halt was when the trial was over and data locked . There could have been no problem with integrity of trial at that time . Moreover if they had shared that with investors ( who have right to know) before any application to any RA , how would it compromise anything or block management from buyin in open market . Entertain us with any hypothetical scenario in which they were prohibited from sharing in above stated timelines .

Doc's Answer:

manibiotech,

Wrong assumption to think there could have been no issue with trial integrity. Any SOC/placebo patients then currently in the trial in any of the 4 countries they were enrolled in might have demanded to be crossed over early at a time when no ECA measures had been agreed upon in principle by the various regulators. Remember that more than half of trial participants were enrolled in 2014 to November 2015 which means that a significant group of placebo/SOC patients were still in the trial. That would have created an untenable situation and a big problem for determining actual quality life years benefit beyond this. That assumption is a non starter.
Sharing the screening hold rational with investors would have unlocked the block on NWBO insiders from purchasing but also on others like Mr. Neil Woodford from trading on undisclosed information at a time when NWBO was at its most vulnerable financial position and could have been taken over very cheaply from Linda and supporting longs unable to match the dollars spent to do so or shorted into oblivion. Big picture stuff; ). Best wishes.