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Remember when the former felon in charge would say stuff like "When we have a partner, hopefully, if the heavens part and god willing probably this will be treeple digits!"
Xerxes won't dare mention "82% improvement" nonsense like the former CEO did as he knows the FDA would shut this operation down quickly if he did that.
It is an obsolute 25 year old mab from 1998. The freakin' 90's! Think of all the advancements in medicine and pharmacology since then: the human genome was mapped, CRISPR was invented, etc. No big pharma wants to buy this junk. Heck, even the "vant king" Vivek Ramaswamy would pass on this old tech.
I will settle for one accomplishment of Scott Kelly's during his time at Cytodyn that justified his $3M+ yearly total compensation package.
Continued to pay NP his golden parachute and money owed praying that he doesn't decide to spill the tea?
Tremendous interest among pizza shop owners, car wash owners, laundromat owners, YET no vc or pe investors?
99.9% of them support the former guy so yeah they are used to believing lies.
Probably Cydyrus will have to beg the shareholders to authorize another 500M more shares that he will have Paulson try to peddle to small business owners (pizza shop, laundromat, etc) to keep the lights on. The warrents will have to be sweeter and the price per share will probably be in the low teens.
What money is behind this drug? If 'too much money" is available shouldn't they be able to pay a measly $1.6M to their syringe vendor? LMAO
People should be nervous as Nader is like a rabid cornered animal now and has great incentive to drop a dime on others in order to save his own skin with the SEC and DOJ.
Pure fiction. The arbitration is to decide how much money Cytodyn will owe Amarex for services performed. Litigation was deemed futile by Cytodyn and shelved. NASH is already DOA and the company, as usual, couldn't even manage to run proper trials. This company is effectively a shell company that is operating right now with no purpose other than to pay management a salary. Once Welch and Fife get their money paid back bankruptcy will be declared.
Retail does not understand that there is zero possibility for receiving any sums from Amarex. Litigation was stopped. This is arbitration solely to decide how much money Cytodyn owes Amarex for past services rendered. Most likely it will be for the full amount as CRO's don't work for free.
Remember when Doc Randy lied on a youtube video saying he had no financial ties to the company when anyone who knew how to pull up SEC filings could clearly see he owned a substantial amount of shares? Philippine dictator's son never said he was resurrected due to the wonder drug. BTW, what happened to the 28 test subjects. Nada was pumping up their enrollment in the trial but what of the results?
Samsung biologics CEO would be publicly flogged if he told his superiors he wanted to do further business with Cytodyn after it failed to pay the $35M it owed! As it is, he looks like a fool to have been played by the likes of a 2x two-bit felon.
This bs shell company always has to obfuscate and never comes straight. I have beach front property in Nebraska to sell for anyone who believes the BOD didn't know about NP's fraudulent "file it short" shenanigans. They also know why the FDA hold is in place, that it is dire, and so won't reveal the details. The game is to collect the paychecks and string the lololongs along.
Didn't NP also try to blame Bruce Patterson for the receptor occupancy test failures? Think Bruce knew NP was upto no good (as his entire adult history shows) and decided to cut off ties for this reason?
Yeah you go do that. Were you "checking in with the SEC and DOJ" when NP was lying his teeth off to shareholders on every PR that was later scrubbed from the website? "Treeeple digits baby (while I sell all my shares for $3 and change)"
Common sense is in short supply among the lololongs. Why would the FDA lift the hold when the felon ex-CEO is under indictment, every single PR he released has been wiped from the website, and there is no reason to trust any of the data generated under his watch?
Maybe he doesn't want to be poked 52x a year while an alternative exists now that only requires 2 injections a year?
Oh wow some tout site is noticing noted junk penny stock CYDY. Under the "about us" section on this site it states this about "Brian Altman", but they can't even get their aliases straight. So who is "Boe Rimes"? Which paid pumper?
Brian Altman
Writer / Contributor
Mr. Nick Shan has been involved in and writing about the financial markets for many years and is well versted in the stock market especially in the US.
Suggestion: Have Cydyrus do a Proactive where he drops trou and Christine injects him with an entire vial of Leronsaline. This will prove it is safe and the FDA hold can be lifted. No expensive clinical trials needed. Is Cydyrus willing to do this to generate the needed safety data?
Maybe Stormin Normin' that quack down in Florida would administer it if he's being paid to do so?
Good question. We don't even know if the dictator took it or if Doc Randy was able to hock it there on behalf of CYDY. What ever happened to those poor 28 souls who took it as guinea pigs?
Except Cytodyn has been "pre-revenue" for over 10 years and its main function is to serve as a self-enrichment vehicle for its management and insiders, hence a sitting Delaware judge castigating its BOD for "unmitigated greed".
Samsung CEO probably chucked all his leronsaline inventory into the ocean in disgust after he realized he got played by Nader and manufactured all those vials without getting paid.
What if Cydyrus announces they applied for a condeeeetional hold removal? LMAO!
Just a meeker and scared version of Nader. Nader would be lying through his teeth right now about this and doing a Proactive today, probably.
This broke company would be PR'ing the hell out of this alleged buy if it actually happened. I DARE Cyrus to release a simple PR stating "I have so much confidence in this company I actually used $100k of my own money to make a purchase and I wasn't given the shares as my salary". He won't. Guess why?
A vs. P is confusing to the longs. Cyrus may be an idiot, but he isn't stupid enough to risk his own money on a sinking ship. Freebies, like the past management, he'll gladly accept.
What if enough vendors like the syringe vendor sue them for money owed?
What happened to this being a "triple digit stock"? Why did Scott Kelly sell his shares at 0.30? Is that technically still triple digits?
SRNE declared bankruptcy out of the blue yesterday and the stock tanked 70%. That is what I expect to happen here any moment. It will happen without warning.
Looking forward to Nadir babbling like a fool before a judge "I'm honest! I only have 4 felony indictments! Its all my enemies fault!"
Could the dumping of shares be tied to some sort of plea deal with the SEC/DOJ? "You tell us what you know about NP and KK and agree to disgorge your profits and we won't indict you"?
Twits board is saying Kelly sold 2M shares on Jan 26. Nearly all his shares. Does he know something?
Did someone say Nasdaq? Magic Mike Mulholland must chuckle when he thinks about that time. Promise these rubes Nasdaq and then sell your shares into the hype and then quit.
Are they actively running any clinical trials? Has Cyrus been appointed CEO? Are they spending more on lawyers than on product R&D?
How embarrassing being sued by the former CEO to cover his legal fees as he fights being convicted of financial fraud. If the CONpany loses can they even afford to pay if he hires high powered very expensive lawyers? A good chunk of that $7.9M just raised would go to the lawyers and also the other lawsuit by the syringe maker.
I can totally imagine Welch screaming at Cydyrus "Do something!" and meek Cydyrus in turn screaming at Tiny Tony Migs "Find me an alternative pr platform to Proactive!".
Cyrus the Virus is the spiritual successor of Nadar. This new 'interview' is paid promotion, you lololongs do realize that?