Cytodyn Inc (CYDY)

[gestalt2]

What level control does CYDY have over the timelines? The trial sites must work independently of the company to preserve the relevance of the data, CYDY can't go out and do a marketing campaign to recruit because it might raise questions as to the relationship to the trial site. CYDY has very little control over the FDA, it took almost a year of negotiations to finalize a protocol that the FDA just changed for relatively no reason. CYDY does not have control over the doctors that may or may not recommend this trial to their patients. CYDY does not have control over the independent data collection and interpretation process. The best CYDY can do is look at the time required to complete each step and develop a timeline. Each step however can change dramatically in its required time to complete. If you took the "golden quarter", Tony's second quarter or any other timeline as set in stone means you are being blind to the above variables. At any point in the past 2 years, if you asked anyone in CYDY if the timeline is 100% certain they would say no way, it's only to the best of their and our knowledge. I have been critical of anyone who uses the timeline failures as a measure of mgmt's capabilities because it says more about the trader/investor not willing to consider the timeline can and will change independently of mgmt's actions.