Hey everyone,
back from vacation (end of last week), I was overwhelmed with work in the last couple of days, so just now I made an effort to read the messages of the last couple of days back, and it seems you were back in the emotional downward spiral.
One negative message was replied to with even more doom's day prognoses.
So then let me remind you, that NOTHING HAS CHANGED in the last couple of weeks. The lid is still closed and the cat has a the same status of "half dead and half alive", until one opens the box and checks on the actual status of Schroedinger's cat.
Even though the statements from Todd sound awfully the same all the time, and thus do not contain any new information, but at least he reiterates the same statements over and over again, that they are making progress on all fronts.
Does that statement make me real happy, and wouldn't I prefer to be presented with the transparency that Joe was not getting tired to be so proud of and pointed out so extremely regularly that there is no other company that is more openly communicating to its valued shareholders?
OF COURSE NOT!!! But as long as there is nothing else to discuss, I would definitely second the suggestion from somebody (was it RJ ??), who suggested that we should temporarily pause this message board and give ourselves a break, until something new comes out and gives us something material to discuss.
At least it makes absolutely no sense to wind each other up on doom and gloom messages day in and day out, always just expecting the worst.
I remain positive, and assume the cat being alive and kicking when one day I will be allowed to open the lid and have a look inside again, as I will not allow such negative expectations to ruin my days. I was doing exactly that in the 18 months between January of 2017 and end of 2018, only to learn that my negative assumptions were wrong, and Joe and his team had worked deliberately on the resurrection of GNBT, and suprised us all with the good news of a first acquistion, which caused the pps to skyrocket.
What happened before is more likely to happen again, so I am still willing to give Joe my benefit of the doubt, because he pulled something like that out of the head before. And yes, there were a whole bunch of excuses, excuses and pointing fingers at everybody else to explain why things have not progressed as much as it should have, but we also have to give credit for some terrible circumstances that noone can blame him for, e.g. the fact that the SEC audited his 10-K for 10+ months, and drastically limited his abilities to e.g. raise money, or the - in my view still SCANDALOUS - decision by BARDA not approve GNBT/NGIO's funding application, providing 50 Mill. in funding and the fast track status to "Complete Vaccine" development. This reversed decision alone could have made all the difference in the world for the company and us shareholders. Just imagine BARDA would have said YES to NGIO's application. This would have caused the PPS to easily multiple tenfold in a matter of days, and we all would still be laughing on every way to our banks, which would in each case grant us access through their exclusive side entrances.
And I doubt that it was more than 10% Joe's fault that BARDA did not grant them the funding they've asked for.
So let me suggest to everyone to take some deep breaths, relax and don't lose the faith in a positive outcome for our investments. The more doom and gloom thoughts that are going through your heads, the more likely it gets to make this a selffulfilling prophecy.
Have a great weekend everyone.
back from vacation (end of last week), I was overwhelmed with work in the last couple of days, so just now I made an effort to read the messages of the last couple of days back, and it seems you were back in the emotional downward spiral.
One negative message was replied to with even more doom's day prognoses.
So then let me remind you, that NOTHING HAS CHANGED in the last couple of weeks. The lid is still closed and the cat has a the same status of "half dead and half alive", until one opens the box and checks on the actual status of Schroedinger's cat.
Even though the statements from Todd sound awfully the same all the time, and thus do not contain any new information, but at least he reiterates the same statements over and over again, that they are making progress on all fronts.
Does that statement make me real happy, and wouldn't I prefer to be presented with the transparency that Joe was not getting tired to be so proud of and pointed out so extremely regularly that there is no other company that is more openly communicating to its valued shareholders?
OF COURSE NOT!!! But as long as there is nothing else to discuss, I would definitely second the suggestion from somebody (was it RJ ??), who suggested that we should temporarily pause this message board and give ourselves a break, until something new comes out and gives us something material to discuss.
At least it makes absolutely no sense to wind each other up on doom and gloom messages day in and day out, always just expecting the worst.
I remain positive, and assume the cat being alive and kicking when one day I will be allowed to open the lid and have a look inside again, as I will not allow such negative expectations to ruin my days. I was doing exactly that in the 18 months between January of 2017 and end of 2018, only to learn that my negative assumptions were wrong, and Joe and his team had worked deliberately on the resurrection of GNBT, and suprised us all with the good news of a first acquistion, which caused the pps to skyrocket.
What happened before is more likely to happen again, so I am still willing to give Joe my benefit of the doubt, because he pulled something like that out of the head before. And yes, there were a whole bunch of excuses, excuses and pointing fingers at everybody else to explain why things have not progressed as much as it should have, but we also have to give credit for some terrible circumstances that noone can blame him for, e.g. the fact that the SEC audited his 10-K for 10+ months, and drastically limited his abilities to e.g. raise money, or the - in my view still SCANDALOUS - decision by BARDA not approve GNBT/NGIO's funding application, providing 50 Mill. in funding and the fast track status to "Complete Vaccine" development. This reversed decision alone could have made all the difference in the world for the company and us shareholders. Just imagine BARDA would have said YES to NGIO's application. This would have caused the PPS to easily multiple tenfold in a matter of days, and we all would still be laughing on every way to our banks, which would in each case grant us access through their exclusive side entrances.
And I doubt that it was more than 10% Joe's fault that BARDA did not grant them the funding they've asked for.
So let me suggest to everyone to take some deep breaths, relax and don't lose the faith in a positive outcome for our investments. The more doom and gloom thoughts that are going through your heads, the more likely it gets to make this a selffulfilling prophecy.
Have a great weekend everyone.
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