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Nobody is blind to the truth when the truth hasn't been provided. Where's a link to the so-called "evidence" that shows the CEO intentionally sabotaged the BLA??? Nowhere??? Common sense says otherwise. Then it's nothing more than an opinion, and a bad one at that. No proof - no truth!!!!
What good is the proof when people are willfully blind to the truth?
How could this be true with the failed 13D(irtbags) telling everyone there are no more shares to sell and they're bankrupt?? Easy answer - they were LYING!!! No proof - no truth! Can't believe a thing the failed 13D(irtbags) tell you.
total gross proceeds to the Company of approximately $3.5 million.
"Say it ain't so, the 13D(eplorables)! The failed 13Ders lied again! Shocking news. Actually the shocking news would be if the 13D(eplorables) said something and it was actually true. No proof - no truth!
“ Say it ain’t so!”! Nader lied again! Shocking news. Actually the shocking news would be if Nader said something and it was actually true.
How can the failed 13D(eplorables) claim the CEO sabotaged his own HIV trial? Easy answer - they're making it up because they have NO EVIDENCE that proves otherwise. If they had proof, they would easily provide evidence such as a link. Who can trust the failed 13D(eplorables) when they're obviously making things up? No proof - no truth!
How can a CEO that purposely sabotaged his own HIV trial have ANY credibility with Investors? Who trust a guy that would do something like that?
Established??? LOL This is a pipedream of the shorts and nothing more. No evidence whatsoever.
It's a well established opinion that Nader will have to be drug out from the company.
Had I known the HIV filing was intentionally incomplete
Yes, imagination is required when it comes to "NP's emails" that "likely" and "probably" don't exist.
NP’s emails, which the SEC/DOJ likely have, are probably more juicy than we can imagine.
If that's true, then who told him they sucked and not to use them?
Amarex sucks. They always sucked. Nader was told they sucked and not to use them,
The only fraud that's going on here is when Amarex billed CytoDyn $80m"--REALLY??
When did NP direct "staff" to submit the BLA? I thought Amarex was under contract as the CRO to submit the BLA - not CytoDyn staff. And why would Amarex submit the BLA that was a couple of years late and missing data the FDA told them more than once to include in the BLA? Because NP said so? Seriously???
The only fraud that's going on here is when Amarex billed CytoDyn $80m for services they clearly didn't perform.
the idea that I would direct staff to submit an incomplete regulatory document is unfathomable.
Easy answer, Amarex is not a stock broker. That's similar to comparing apples to oranges. Amarex was the CRO and was under contract to provide a service they didn't provide. THEY made the decision to submit the BLA to the FDA - not CytoDyn. NP is not the CEO of Amarex nor does he manage it. If a stockbroker sent incomplete forms to the SEC, the broker would be responsible - not the firm they represented.
Why is it when a stock broker does something illegal, the firm pays the fine?
Neither of these two people authored the article.
Two of those biggest promoters are Chris Lonsford and Mike Sheikh
Are you saying this is your opinion and not factual?
Chris Sandberg is likely Chris Lonsford, the paid pumper running the private Facebook page. If it’s not Chris, it’s our boy Mike Sheikh, who has likely made himself a millionaire
It's funny that everything that's both factual and positive about NP is "paid for" by CYDY. Similar to saying "nothing to see here - look the other way". It's a common tool used by the failed 13D gang of miscreants to deflect facts that they cannot dispel any other way.
Caracciolo would have been the one to receive the bonus shares but he was no longer there after the Pestell debacle because Tony had already been escorted out the door. The bonus shares that NP received were in appreciation of the hard work and time spent mopping up Tony's mess that he left behind and that we continue to pay for today. And now the failed 13D gang of miscreants continue to hide behind big Tony and blame NP for the mess that big Tony left behind.
That idiot is Nader who got bonus shares for the transaction, and the only one who did.
Speaking of Pestell, what idiot hired him, and what did we get for the $27m that was squandered on him and ProstaGene? Probably some idiot hiding in Florida.
And now the failed 13D gang of miscreants are whining about the company not having any money.
That was befor Pestel arbitration loss and proxy fight, Pestell was $7.6million alone.
There's no proof of fraud and Amarex was under contract to be lawfully complaint when they filed the BLA. Regardless of what NP said in an email, and without seeing any of the context surrounding that email, there is NO evidence of "fraud". This is just a pipe dream of the failed 13D miscreants.
So you're now saying NP is a violent criminal? lol
Definitely see orange jumpsuit in NPs future.
Who is "cooked"? It couldn't be NP for numerous reasons. But the two most obvious reasons are:
1) Amarex submitted the BLA - not NP. As the CRO, Amarex is fully responsible for the content of the BLA, not NP. LOL
2) submitting an incomplete BLA is grounds for rejection - it's not a "false statement".
He is cooked. On the BLA Application it clearly states "Warning: A willfully false statement is a criminal offense, U.S. Code, title 18, section 1001"
Not sure what you're seeing. The current bid/ask is 73k/5k.
The "ASK" is not "dumped" upon, but it is stacked with ready and willing sellers of long stock.
It was up over a dime before the opening bell. Laughing...
Might get a nickel bump
What you should understand is a $.02 drop isn't a "free fall", and retail will make a killing given the RSI is showing we're way oversold due to the massive shorting. I can't imagine being out of this stock when one of the many near-term binary events occur. This is FAR from over, and the potential rapid increase in share price is something that I'm not going to miss. Seen it happen too many times with this stock, especially Dec 17, 2019 when so many foolish negative Nancys were telling everyone we were in a "free fall" and sold the day before the huge jump from .30 to $10 in just a few months. Still laughing about that one...
What you should understand is the stock is in free fall, retail will lose every dime and this investigation is FAR from over!
The truth is that it never existed. There's no charges, no perp walk, nobody's going to jail (or prison as the shorts like to imagine). It's a nothing burger that most of us understood all along. Everything else is a crime novel fantasy. It's been nothing more than questions about capitalizing inventory.
Stay tuned! This is just getting fun
MUST READ! Aaron 4 hours ago!
"Here are the EDGARS!
EDGAR is the SEC online database portal! Here you can read every back and forth contact between the SEC and any company it covers.
Cytodyn has over 500 files and arranged in sequential reverse date order. Going backwards I found entries with codes that didn't match the norm so opening one I found, presto, it pertains to an SEC investigation!
Altogether there were five such entries all relating to the same SEC investigation. There was no other entries relating any different investigation. I believe this is it.
I didn't see anything that says it's a subpoena. It's possible they were sent separately but I suspect the term subpeona was used in the general term of an order to answer questions from the SEC. Not the dramatic court order handed over a doorstep we all envision thanks to court television..
File one: SEC investigatory questions.
File two: Cytodyn answers which include the file one questions. For that reason I only need to link to the second file.
https://www.sec.gov/Archives/edgar/data/1175680/000119312521091607/filename1.htm
This file is dated March 23rd, 2021 and is in response to the SEC inquiry dated February 18th, 2021.
So, what is this horrible SEC investigation that shorts and 13D have been conjuring up images of NP and crew being hauled off in orange jumpsuits about?
First they want to know if Cytodyn is still an accelerated filer. The definition of what an accelerated filer is was revised such that they no longer qualified. The Cytodyn reply was that change would be noted in the next filing.
(That's my definition of a nothing burger!).
All the rest of the questions are directed to the same inter-related issue, namely capitalized inventory.
In February 2020, Cytodyn began capitalizing their inventory of Leronlimab. This is allowed if they are being sold on market at a profit or expected to be sold in the near future at a profit.
The SEC noted the near future was based on the successful submission of the HIV BLA the following May, however that received an RTF.
So, questions as to how Cytodyn came to the conclusion they could capitalize their inventory.
Questions about was it appropriate to capitalize the inventory? Is the inventory shelf life an ongoing concern? Why was an RTF received in the first place? Is the current correspondence with the FDA looking like the issues with the RTF are insurmountable? How is the FDA guiding them?
And perhaps my favorite, Why is the projected date for BLA resubmission constantly slipping? Are these delays indicative of the resubmission being unfeasible? (All the shorts and 13Ders who say NP lies but not to the SEC must now admit he hasn't been lying about the timeline to shareholders. He has been supplying similar timelines to the SEC!)
In this document Cytodyn answers all these questions (it's Michael Mulholland who did the prep)!"
Did Tony C. get a stock award for the BLA submission? Oh yeah, I forgot - he was asked to leave due to this and his other failed promises. Interesting how some quickly choose to ignore this little fact.
Caracciolo announced "The Company plans to seek FDA approval for PRO 140 in combination therapy and plans to complete the filing of a Biological License Application (BLA) in the first quarter of 2019 for that indication."
It's only down 2% - laughing.
Down nearly 8%.
Wrong - anyone who looked at it 10 minutes ago would have seen it was green. Besides, it's stuttgart which often follows the close of the previous trading day in the U.S. Meaningless...
If you look at the current bid/ask in the U.S., you'll see it's $1.27/$1.30. GREEN
Wrong - it was green five minutes ago. So you're suggesting the share price is static and doesn't change? Check again later.
Volume is up along with the share price this morning. Something is definitely happening. They're accumulating - not quitting.
European investors are calling it quit.
That's not their goal. Their goal is to drive the share price down as far as they can to hurt NP as much as they can before the annual shareholders meeting. Now that they've successfully delayed the annual meeting until Nov 24 due to the 13D gang of miscreants failing to file the shareholder's proxies they had gathered, it now appears Rosenbomb's son is trying to negotiate a $100m loan to CYDY. This helps to explain why they're tried so desperately to delay the annual meeting through failed injunctions, etc.
Really, has anything constructive come from the shareholder activist group? Have they helped Cytodyn in any way at all?
According to this PR from Caracciolo when he announced his acquisition of ProstaGene and adding Pestell to the Board of Directors (we all know how that turned out), Caracciolo also announced "The Company plans to seek FDA approval for PRO 140 in combination therapy and plans to complete the filing of a Biological License Application (BLA) in the first quarter of 2019 for that indication." This gives the appearance that Tony was escorted out the door and why Tony's loyalist are trying desperately to make it look like it's NP's fault. And talk about wasted shares and massive dilution? It's sad that the failed 13D gang of miscreants are still blaming Tony's missteps on NP.
https://investorshub.advfn.com/secure/post_reply.aspx?message_id=166577310
Nader PURPOSELY set the HIV BLA back 18 to 24 months
PROSTAGENE DEBACLE ON CARACCIOLO’S WATCH
The ProstaGene acquisition was essentially about a prostate cancer diagnostic. The concept of the acquisition was masterminded by Executive Anthony Caracciolo who at the time was CytoDyn’s Executive Chairman of the Board when the deal was initially announced in July 2018. Nader Pourhassan was the CEO, but at the time had no decision-making power with respect to the acquisition. Many investors may not realize, but the executive chairman is higher in rank than CEO and Caracciolo stepped into that role in January 2017. Many thought that his Gilead resume would be instrumental in inking a deal. On closing of the acquisition in November 2018 Dr. Pestell was not only welcomed as the newest board member, but was also the company’s Interim Chief Medical Officer. This was all Caracciolo’s doing until a more balanced board led by Dr. Scott Kelly came to fruition in January 2019. The fact is Caracciolo didn’t resign until January 10, 2019 when David Welch joined the board. So issues that predate January 10, 2019 are on Caracciolo’s watch, not Pourhassan’s. An interesting anecdote is that Caracciolo also presided over the failed receptor occupancy test done by IncellDX.
https://insiderfinancial.com/cytodyn-cydy-at-crossroads-past-and-current-leadership-collide-in-epic-grudgematch/181758/
Wasn't that around the time that Tony Caracciolo was hired at CytoDyn? I think that was Dec, 2011. If so, perhaps you remember the many screw ups and problems he created as CoB while sleeping on the job from what I've heard. I also heard NP spent a lot of time mopping up the mess he left behind, and now NP gets the blame for it. Real convenient.
I have been a shareholder since 2012.
DEBUNKED: no enrollment in Brazil. Wrong - patients in both trials have been injected. Laughing!
No enrollment in Brazil
Annual meeting cancelled
It's down a whole penny on low volume - Laughing!
Correct!!! Many of the problems that occurred at CytoDyn happened on Caracciolo's watch. IMO, from everything I read, he was asleep at the switch for the majority of the time that he was Chairman of the Board. Isn't that right 3X?
Guess when CytoDyn hired Amarex?
Six months after Tony C. became CoB in 2013.
Yeah, some people struggle with math.
Didn't 13d GROUP CONTROL 6%? Seems like the shareholders weren't buying why NADER/Kelly was selling. The other 96% of shares couldn't get them to 50%?
No, he's NEVER served time in prison. That link doesn't even work. Laughing!
Wrong. There is a MAJOR difference between "Fast Track" designation and "Breakthrough Therapy Designation".
Fast-Track:
More frequent meetings with FDA
More frequent written communication from FDA
Rolling review
BTD:
More frequent meetings with FDA
More frequent written communication from FDA
Rolling review
Intensive guidance on an efficient drug development program
Involvement of FDA senior managers to expedite development
Semantics!
Wrong. They received a "fast track" designation - not a BTD for HIV.
They had it for HIV!
What proof is there of this? Link please.
Paying off doctors there to giver patients LL and give anecdotal stories.
The last message was a dud. The good news for the 13Diehards is there's light at the end of the tunnel. A very long tunnel...only 373 days.
Per the Order Denying Plaintiffs' Motion for an Injunction Pending Appeal:
"Plaintiffs will have their chance to nominate their director slate, and to do so in compliance with the advance notice bylaw, at CytoDyn’s 2022 annual meeting."
We have to send a message or we’ll be in the same place 1 year from now.