Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
So much irony it’s painful.
I responded to the asinine characterization of HGEN trying to dodge payment because they are about to collapse.
Avid did not deliver. They blamed the subcontractor. Those are the facts.
Beyond that, we’ll see. But I certainly didn’t see any push back to the failed HGEN narrative, especially after they’ve already invested $10 million and got nothing in return.
No, it’s factual that Avid didn’t deliver sellable product. They blamed their subcontractor.
What will be litigated is who is ultimately responsible and if failure to deliver was grounds for contract termination.
You mean AFTER Avid failed to produce a single successful batch after a $10 million investment.
I guess HGEN should have just paid the rest for no product.
Great business model.
Avid already admitted to their failure. They were the only provider to not deliver.
They sued because they want their money. End of story. They want to pass the buck on their failure and force HGEN to go after the subcontractor.
This isn't really complicated. You can spin a story about HGEN all you like, but Avid wants to avoid blame and cash out on failure.
Oh, and being the plaintiff doesn't entitle the party to certain assumptions of correctness. Fun little fantasy you concocted.
This is completely untrue. Avid doesn't like they weren't paid for their failure. They wanted their money and force HGEN to sue the sub-contractor.
"HGEN has a product that has more or less failed". Not according to their peer-reviewed phase 3 trial (might want to go and actually read their Lancet publication), nor their soon to be released ACTIV trial results.
Every other provider was able to fulfill their agreement, and only Avid did not deliver. Avid admitted to this. They can blame their sub-contractor all they like, but they're responsible.
Perhaps you should spend a little more time researching other biotechs before spouting nonsense.
You misunderstand. It’s idiotic that OTC investors just pass by a SEC investigation like it’s a simple and routine action.
Yep, CYDY has been squeekly clean.
Those convertible notes doing ok? That last offering sure looked a little…odd.
“But but but SEC investigation” has to be the most idiot OTC investor mantra ever.
Yeah, no big deal. Routine.
Uh, no. That's OTC bullshit thinking.
It's a 55 patient extrapolation of a failed trial, something CYDY has been very good at doing. There's literally no trial data to support his conclusions: it's a pump.
Hope you sell before the shares start printing. Remember the offering that LITERALLY JUST HAPPENED?
Yeah, that horrific offering.
Hmm, what's at the bottom of that report...hmm...
"The study authors did state that the results needed to be confirmed in a larger, more definitive study. Also noted in the release, is that the study was funded by Leronlimab maker CytoDyn Inc. and conducted by researchers either employed by or serving as consultants to the company."
That offering sure looked pretty expensive.
Would anyone like to explain this:
Sales Commissions $2,600,000 USD
for an offering of this
Total Amount Sold $1,890,000 USD
Of which the following is true:
16. Use of Proceeds
Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above: $600,000 USD
Oh CYDY doesn’t have a significant amount of convertible debt remaining?
The findings weren’t done on a repurposed failed trial from current CYDY insiders?
This won’t be used as a pump to finish conversions?
Grade A OTC garbage.
You see Topol just got scammed by the 55 patient “findings” that were released? Findings that come from new CYDY board members?
Cydy toxic debt is about to print millions of shares off the insanity.
Sell off the spike on Monday.
They’re worth exactly the same amount.
Just DM Mike and he’ll add you to the group.
SOLI was a abysmal failure. It’s almost unfathomable they couldn’t get their shit together.
I wonder if anyone has talked to Bego2 in a long while?
I made huge bets on $PTON falling ahead of earnings. So far so good, we need the momentum to continue.
Don’t forget the miracle child!
Expiring *.
I still believe in GME long term, but I haven’t seen the transformation yet. Price is still double where I’d want to enter.
Agreed. I’ve got puts exporting over the next 3 weeks. The sell-off is happening.
Weird that no trial can back that claim up.
Don’t you find that weird?
Wow, this is all very shocking and surprising. No one knew this was happening.
No one.
Lol.
They have an easy path to compliance, but who knows?
Either way, they have their operating cash
Sure looks like a typical huge offering into a R/S notification soon after.
Yep, your answer looks more credible by the day.
Kudos on the call. Will revisit later this year.
It’ll be interesting to see his people react to this on Monday PM:
Farmmi, Inc. Announces Proposed Underwritten Public Offering of Ordinary Shares and Pre-Funded Warrants to Purchase Ordinary Shares
Wouldn’t a “doctor” know what Right to Try means?
Hint: the story you describe is highly illegal. Of course, it never happened, which makes it easier to sell online.
Leronlimab has never demonstrated “greatness”.
Mediocrity? Sure.
Except they’ve not asked for more data.
Why do you think that is?
But hey, we all interpret things differently.
But why would the FDA stay silent for this long if they wanted additional data?
Anger is the appropriate response when measured against the failure the FDA has shown.
No communication with HGEN. None. No additional data needed.
We’ve met all criteria for a EUA. Multiple credentialed sources are surprised this hasn’t been approved already.
Your theory concerning the FDA being a positive actor is motivated purely out of defensive fear; you need to believe that the FDA will absolutely do the right thing.
I’m looking at reality and preparing myself that the FDA is possibly going to act in a corrupt manner. Let the UK have their say if the US drops the ball.
Yep, it’s irritating that I couldn’t buy back in.
The FDA is seriously fucking me over.
There’s the Mike we missed!
Because they were lies and falsehoods.
Are you serious with that boilerplate nonsense?
Trials cost serious cash, which CYDY doesn’t have. I’m sure the FDA would be willing to assist CYDY IF they actually had newer trials, but they will never finish them.
This is beyond extreme optimism into full delusion.
I guess trials are free now, because CYDY certainly doesn’t have the cash now nor after they settle lawsuits.
But reality, as always, doesn’t matter.
Oh really? What facts are those?
Facts also have evidence attached.
You know, like a publicly failed trial.
Believability isn’t high on the priority list for Leronlifail miracle stories.
Nor legality, just like their CEO.