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Weasel-- I have the same concerns that you do. Why do we STILL need Paulson and warrants to attract investors.... even with Nader doing a roadshow in NYC? You'd think by now we would have better financing opportunities??? Especially with all the publicity and great news that CYDY has been releasing?
I'm still long....and patient. But also wondering what is taking so long? We are 18 months past the infamous 'Golden Quarter'...lol
Hey 1234, the Paulson deal is open only to accredited investors. A person must make $200k + for the past 2 years or have over $1 million in assets. Yes, these investors had the ability to buy CYDY for 50 cents a share plus warrants but these investors had to commit a minimum chunk of change (probably at least $25k) to invest in CYDY.
So not just anyone could buy CYDY for 50 cents.
Hey Pennies, you live in New Orleans? I'll be there in December just before Christmas.
Does anyone know if this Paulson round is the same as previous ones EXCEPT the warrants are only 1/2 warrant per purchased share instead of 1 warrant?
Was the stock for the previous Paulson raises registered whereby the private investors could dump the stock immediately after the deal closed? Or was there a 2-3 week delay for the registration to take place ?
And Nader told me personally to my face when I asked him. He said 'we have the report and will post it in a few days'. That was July 19 in NYC - 2 days after he mentioned it on the conf call.
Hey Blueheel, your friends 'didn't have the patience to open an online brokerage account'? How can anyone on this board take you seriously with a statement like that??
It's 2018 and quite easy and quick to open an online brokerage account these days. I question the intelligence of these alleged friends of yours that aren't willing to own lots of CYDY shares due to their 'impatience'.
Do you guys remember what happened just before the conference call in July? There was a positive article on CYDY posted by Seeking Alpha that afternoon and our volume and stock price shot up.
So perhaps the SA article 'helped' a little bit today...
TheBioTechG: that report that Nader mentioned will not be a market valuation report in terms of $$$$. It will contain statistics on # of patients with HIV, and percentages with various dosing levels. He told me it will not have $$$ values.
But why is this report taking so damn long to post on their website??
Good point Coldterdinvestor. And Nader told me personally that the report would be posted on their website "in a few days"....it's now almost 3 weeks since he uttered those words. At least he is consistent. ALWAYS way off with promised timelines.
Most of us are very enthusiastic to have Pestell on board. And I'm sure this is a different kind of enthusiasm that we had when Tony C joined CYDY as many of us were hopeful that Tony would bring us to the promised land due to his experience (Gilead, big pharma, etc). I certainly didn't envision we'd be at 50c this far after Tony joined.
But Pestell, much different addition. I didn't mean to bring up anything negative, just reminiscing when this board felt high enthusiasm....
Nader called it an 'Intelligence Market Report'. Either way, what is taking so long?
Also, he corrected me when I asked if it would have dollar values in the report. He made it seem like it's a great report. And I am sure he said it would be published in a few days. This was part of meeting talking with him after the presentation before walking with him to the elevator.
This "Intelligence Market Report" than Nader mentioned would be posted on CYDY's website "in a few days....we already have the report and it's very positive" according to when I spoke with Nader right after they did that presentation in NYC 2 days after the Conference Call. That was 14 days ago.
Nader also said this report would not provide dollar values but rather would contain details of a 'complex mathematical model and statistical analysis' and will contain a % of patients at various levels. He mentioned doctors and KOLs....but that was it.
So what is taking so damn long to publish this report ???
Where did you 'hear' about this new $14MM raise ?
Misiu-- what is different in this new PR that we didn't already know? Weren't these discussed as the CC and Presentation 2 weeks ago? I just skimmed it quickly - apologies if I missed something.
After the presentation I asked Nader about that independent study that he said would be posted in 2 or 3 weeks on CYDY's website. Nader said they would publish it in few days....
Gestalt-- thanks for updating the board. Seems like so many are ignorant regarding CYDY. Hopefully us longs will have the last laugh someday. And WHEN that happens, I want you to reach out to those idiots and say "I told you so"!
Hey TommyT, what incentive does Paulson have to do anything? They already got their huge commissions based on the last raise.
I guess they could make a few bucks on the stock transactions if they convince their clients to sell....
TT - I was just curious how long you've been invested with CYDY....that's all. I've been here since 2015 - my first round with Paulson was at .75 with warrants at .75.
Hi TommyT, I guess you weren't around in the good old days of 2016 when CYDY cracked $1.50 for a moment?
Alicja-- what part of Florida are you in? I'll be in Tampa in September.
Nader was the only one from CYDY.
Hey TommyT, funny you mention about Nader being in NYC. On my way out of the building with Nader yesterday, I did ask him if he was flying back to Vancouver to Cytodyn.
He said 'no' with a smile. So who knows?
Spot on gestalt2. And when I asked Nader WHEN are you meeting with the FDA, he would no give a direct answer other than 'soon'. He did say that he expected to finish the BLA filing by 2H 2019 but 'maybe a lot sooner like February or March' in 2019. That's when I commented on how his earlier predictions with timelines (i.e.Golden quarter) bit him in the ass. And he realizes that MANY shareholders have been annoyed with him ever since.
I told him in the elevator ride to the lobby that we have a great community of investors that want MORE communication from CYDY management.
He also said that independent report "that will be published on the CYDY website in 2-3 weeks" is already done and would be published over the next few days....
Kudos to Alicja (musiu) for telling me to ask Nader that question on dosage of Pro140 because it feels great when a CEO of a company that you're HEAVILY invested in says "that's a great question"!
I felt like a beat reporter today. The coolest part was when trding posted a slide that was up on the screen at the same time while Nader was presenting and of course I had my phone out showing the guy next to me how the message board folks were also 'in attendance'.....lol
BlackDoggie asked me to ask Nader about whether he expects another 48-week observation would be necessary again for converted patients? He said "no, only 12-14 weeks."
I asked if this is per the FDA and he said no. They believe 12-14 weeks would be sufficient.
He said 'commercially available in 2019'.
There was some banker guy that seemed very interested in working with Nader especially... they exchanged business cards and shook hands.
Also, one woman was very excited since her relative has MS and is anxious to get in a trial.
Another good day for the stock....over 1 million shares traded again. Baby steps I guess.
Got a chance to see Nader for a few after the presentation. Will post later
Yes. That was for you Alicja!
I may stop by the Singular Summer Solstace event today where Nader is presenting.
Anyone have specific questions in case I get a chance to speak with Nader?
Meanwhile....we have great volume again today and are up a few pennies as well.
Perhaps the CC yesterday was our turning point?
I'm not exactly sure what he is presenting. But since I work in NYC I thought I would attend.
Good point woodenbear. Some of us, including me and Saltz, accepted CYDY's tender offer for some of our warrants at 50 cents / share. That raised $$$ for CYDY.
I agree that the better question would have been whether there are any future plans to have a tender offer of outstanding warrants for a reduced price which is a win-win for shareholders (getting shares for less than the warrant price) and for CYDY (raising funds without further dilution).
Thanks Alicja....there....that is the correct spelling!
It's about time that CYDY will now put SOME effort in spreading the word about PRO140 via social media and investor conferences.
Does anyone in the NYC area plan on going this Thursday to the Singular Summer Solstace 2018 Conference?
CYDY (Nader) is presenting from 2:50 PM before Acme United goes at 3:20 PM.
I pre-registered for it.
I need to slow down and proofread.
A few strange questions-- one including 'reducing the outstanding shares' whereby Mike M emphatically said that no way they would repurchase any shares. How could CYDY do that? With what $$$? Lol
Alicia (misiu143), it was a pleasure to finally hear you! And you were the only woman to ask any questions. I thought you did a great job. And so did all the other callers. It's funny how 18 months ago Tony C came roaring into town and Nader kind of took a back seat.....and he we are with a bit if a reversal where I thought today was Nader's best call ever. He sounded clear, concise, and confident.
I just asked about Paulson and the reverse split.
Dumb question: Wgen you say Paulson, aren't you really referring to those individual investors that bought shares through Paulson's private placement with warrants?
You're making it seem like Paulson, the broker-dealer, is actually selling the shares themselves.
The main thing is....WHO will hear about CYDY and our great news? We have no analysts that cover this really....thanks to us being on this crummy OTC.
If we were on the NASDAQ, we would have high volume and the price would shoot up a lot today.
Hopefully we finally buck the trend of great PR and stock drops....go CYDY!!
Let's be tuned in to this most important call on Tuesday afternoon. No excuses now....so many smart people on this board. Let's ask all the good questions we've been discussing for so long now.
I'm hoping this call finally gives us perspective and direction as to where CYDY is headed.
Next Tuesday's call at 4:00 PM EDT is very critical and I hope most of us on this board can join the call. Here is our long awaited opportunity to ask the questions we have been discussing for quite some time now.
Please do not be shy.....let's ask some great questions. This could be our last chance for a while.
Just had my buy order of 5000 CYDY at .47 filled. Tried yesterday but .475 was the lowest. I'm glad I waited until today.
I first invested thru Paulson in 2015. Been buying here and there on the open market and have accumulated many shares at these cheap prices.