HEY donkey.I only mentioned the lack of effcacy in passing --oh and it IS a cause for concern. The salient points ar elisted below in easy to understand donkeyspeak.
"Be prepared for another announcement pushing back the completion date for full enrollment. "- CHECK
Next round of dilution which will be coming very soon. Company is burning cash at between 5 and 6 mm a month giving NWBO only about 60 days of cash.-CHECK
The stock is almost certain to tank on the news of the next round of dilution- YAHTZEE
" Should have went to law school ???" Jeeesus krist people. Take a high school English class . You should be ashamed of yourselves.
Don't flatter yourself, you are waaaaaay to schtooipd to get into law school you more-on. The word is counselor not council you donkey. and Counselors "counsel" they don't "council."
What college did you go to where you didn't learn the difference bertween council and counsel. If you went to college, America is truly finished.?
Howdy my little donkey. back for more humilIation I see. Tell us how to calculate a median again? Something about 51%? FYI, I dont attack anything, I only raise questions that should be answered before you plunk down your 20 bucks and tell you what will happen and the consequence when they (if ) they do. Your "intellectual" contemporarties jumped on my when I told them that a) the company would need cash and soon--and Voila within 2 months they had to raise another 17.5mm on suspect terms and
b) I said the stock would tank on the news and Voila- the stock has tanked about 20% since the financing. I know it galls you to see me be correct on everything. But hey some folks are smart and some are donkeys.
the more-ons are atill at it. SD is meaningless and you will lose your last penny if you use it in your analysis. I respect my cash a little more.NO drug just holds a disease in place. It either works by showing a clinical effect or it doesn't you donkeys and SD is the absence of clinical effect. you id-yachts simply refuse to learn
AF said it today but I told you when the deal went down (and was ridiculed by hoi polloi. The terms of the last capital raise show the duress NWBO is facing in its fundraising efforts. The mere fact that it was convertible debt rather than straight equity is sufficient evidence of that. The draconian terms are just the icing on the cake. And make no mistake about it, they WILL need to raise money again in very short order. Do you think the terms will be better?
Being blinded by the science while ignoring the financial reality is a mistake. Most amateurs make it so you are not alone.
you don't get it. As I pointed out previously, The convertible debt allows the holders to short against thier share which amount to 2.5mm (or as much as 2.9 million)
here's how it works lend 17.mm that converts into 2.5mm shares at good interest rate
1) short the stock with strategic sell orders. -Book the cash!
2) earn interest on the 17.5 mm but only have 17.5 MINUS the short sale proceeds at risk. effective return (???)
3) reinvest the short sale proceeds at some interest rate. Cost of funds ZERO.
4) add interest on convert plus interest on invested short sale proceeds to determine effective interest rate.
5) equity kicker down to about 5.86 per share gets them another 500k shares for free.(about 2.5mm - add to interest on notes and reinvested short sale proceeds.)
Money for nuthin and your chicks for free
You're welcome. It's never too late to salvage what little of your money is left and try again. Cudda listened to me at 4 bucks when I told you multiple times the p3 would fail miserably but no, cudda listened to me at 2 bucks when I told you, that based on the interim data the panc trial would fail but nooo-oooo. Could listened to me at 70 cents when the panc results came in as I predicted. Now yer waitin for the lung trial which I told you that, based on interim data, it will fail. Are you listening? Nooo-oooooo.
It failed miserably. Not a one single patient out of 44 had even a partial response- ZERO! NO effect wahtsoever
You read the thread wrong. My reply was directed at Armed lunatic. and is directly below his post
n addition to everything else, you are a liar to boot. Nice trade!!
Losin your inheritance, or is it your wife's money? Cuz you sure didn't earn it. Lotta trustfunders around Detroit. granddad invented a gear or rust proof paint, variable speed wiper motor etc. I've met plenty of em.-- Mostly worthless whiners like you.
10 thumbs up for "bonified"? What does bonified mean? Turned into bone?
But in the end donkeys get what they deserve. These results are horrifying. Truly horrifying. Let me try and figger it out. ZERO differnce between REO and control but mutant Kras has "improved" results. The pregnant question then becomes does REO KILL wild type KRAS folks faster than CArbotax? Something has to give. Do the math donkeys
No one has thanked me for my service. Why come. If I had voted for the cultist Romney you would have thanked me. Oh the irony of it all. True heroes (like Kerry silver Star volunteered for Vietnam) maligned by the chicken hawks while deserters ( like Bush) are revered.
Lemme give you a direct quote from the deserter. (bush the lesser) "
"I was not prepared to shoot my eardrum out with a shotgun in order to get a deferment. Nor was I willing to go to Canada. So I chose to better myself by learning how to fly airplanes."
Dallas Morning News, Feb. 25, 1990
Bush is a guy who would shoot you in the back to save himself. -- A true qunnnttt.