Not sure for what since they haven't made a single VAC since before Aug of last year...
NWBO may be out of cash, Power's has lifted plenty of CASH from this scam funneling it through Cognate.
The company will go BK meanwhile Power's will make off with all the cash!
How else do you have a 20 million a quarter cash burn on an 8 person company with ZERO new patients in trials? Not to mention fewer then 500 "vaccines" ever made costing shareholders over 200 million?
All I can say is OUTSTANDING JOB ENRON LINDA!! Sorry baggie shareholders!
Money Laundering thru Cognate back to Power's personal bank account?
How about burning one of Europe's most successful investment firms?
Or how about burning every single NWBO stock holder? (not one person who has held this stock has made money)
Traveling the world doing immune therapy conferences with shareholder money?
Or that nice lot bought in Europe again with share holder money (but Cognate holds the title for some reason?)
ASCO sure did like to chase the checks NWBO put out!
That's quite a list I think!
So your lottery ticket didn't pay off. Oh well. What did you think was going to happen to a trial 10 years old and counting?
All Power's did was dangle carrots and you all bought right into it! Then funneled all that cash thru Cognate and back into her personal bank account! No wonder the company has ZERO analyst following it much less EVER given investors a CC with a Q and A session. I don't even think anyone picks up the phone at the office anymore. Just curious, but has anyone tried to call Cognate to see if anyone is even there?
"-L is on track to full enrollment Q2 2014"
That's great! Power's gets a nice shareholder vacation to Germany while sprouting off "striking results and secret sauce".
Maybe she will inquire about Germany reimbursement that is 3 years over due?
"The cash burn does seem more than a tad excessive given the activity level. "
Ya think? Cognate has made a total of 500 or so 'VACS" over the last decade and has taken well over 200 million to "fund" this.
Meanwhile, I'm certain that Power's bank account has grown exponentially in that time.
Striking isn't it?
"direct to move directly into phase 2" 2 years over due
"Germany reimbursement" 3 years over due
"check point inhibitor collaboration" Hasn't happened in over 18 months now
And the latest carrot?
"multiple trials, multiple partners multiple partners" announced at the same time to the response of an SEC inquiry Cognate, Power's money laundering vehicle to funnel all that CASH cognate charges back to Power's.
Just an FYI, but Cognate has made fewer than 500 VACS for NWBO over the course of a decade. Does it seem reasonable to ANYONE that they have been paid over 200 million in CASH?
Can't wait for the first quarterly CC!
Or the check point inhibitor collaboration (18 months past due)
Or -L for full enrolment (2.5 years past due)
Or for -L to be released from the halt (almost a year now)
Or for Direct phase 2 to seamlessly start (2 years past due)
Or for multiple trials, multiple partner multiple indications trial to be announced
Or for yet another huge chunk of cash to be paid to cognate for sitting idle a majority of the last decade.
Hopefully Power's does another dilutive financing round at a 20% + discount before NWBO goes bankrupt!
Woo Hoo!!! Baggies rejoice!
It did happen, that's why it was halted for futility as there was ZERO difference in the control and the DC-L arm.
Which is also why the stock is .70 cents and NWBO is out of money.
So, dream if you will, but the stock/company is down the tubes for a reason.
While the CEO pays himself millions while living in his florida retreat?
Not a bad retirement really, issue a few non sense PR's, have a very faithful message board pumper while you issue brand new worthless stock for .11 cents each.
Buy up baggies!! Those bills won't pay themselves and you'll get a nice tax loss write off!!
HEB HEB HOORAY!
Isn't that awesome Baggies?
Shareholders will be left with an empty bag... just like what happened at Enron!
Huh pumper boy?
You really should load up on your baba stock, sell everything and buy it so you can be rich like Jack MA! Didn't you hear? Alibaba is going to be the 5 largest economy!!
That's great news!
Considering Alibaba reports more sales than what the China GOVT claims, Alibaba I'm sure is going to report more than the entire china economy in a quarter or two at the rate they are going! Bigger and Better!! Just like every Ponzi scheme!
What a great Cayman Island investment Alibaba is!! I'm sure the SEC investigation is going to give BABA perfectly clean report to boot!
I freaked when I just did this.
FRESH TOMATO SALSA
TOMATILLO RED-CHILI SALSA
They should just offer salt licks with their food.
and then you "BABA longs" will find out just how unprofitable BABA really is.
This is also why MA stepped down from being the CEO so he isn't the fall guy.
And keep in mind, MA also "took out a loan" against 2 BILLION dollars worth of his shares.
This is also why this has traded sideways, tutes letting retail hold the bag when this plummets.
The accounting is fake. Why do you think MA stepped aside right after the IPO?
Google "deepthroat baba" can click on the first web site (it's an CPA's blog about BABA's financials)
He dissects the quarterly reports... full of fluff and questionable accounting. Hopefully the SEC figures this out as well instead of putting their head in the sand and looking the other way.