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I just got an email from CYDY about the tender offer closing tomorrow. Looks like it will finally happen this time.
Gotcha Saltz. And I have a lot of it already anyway. Lol
Yet at the same time, while the spread is only .25 between your .75 warrants and the .50 from the tender offer, it's still a 33% discount from your regular exercise price (buying at .50 as opposed to.75) if you exercise at .50
Call me crazy, but I'm still 'considering' converting some of my .75s to .50 but need to decide by tomorrow since they need the $$$ by Friday afternoon. I am so heavily invested in CYDY that one part of me says "whoa that's enough" while the other says "F*ck it....go ALL IN and buy as many at .50 as you can afford!". LOL
Awesome Saltz! Hopefully the deal closes on Friday, we get our shares, CYDY gets some much needed ca$h and less warrants appear on their books.
I don't think they can extend this tender offer again since the announcement of the reverse split is due to occur soon.
Is anyone planning to exercise the tender offer for the warrants ? It expires on Friday.
Saltz? What about those $1.35 warrants?
Gestalt2--- did you ever get through to Jody?
Please update the board after you speak with her.
I may actually pull back my tender offer for the 50c warrants if they extend the March 23 deadline a FOURTH time !
I think CYDY management thought this press release would have a great affect on the share price.
We MUST get off this damn OTC and FAST !!
Can someone here, who is very knowledgeable with the science, make a phone call to CYDY to See if they can shed any light on today's PR?
Saltz, how do you know the warrant tender offer was extended?
So Saltz, you see a worst case scenario of CYDY being worth at least $3 a share?
Also, did you pull the trigger on the warrant tender offer? It expires in 7 hours and 18 minutes. Lol
Glad everyone is buying. I'm exercising some warrants next week.....that money goes directly to CYDY. Let's all do our part!
Saltz-- you need to exercise those $1.35 warrants by Wednesday 2:00 PM Pacific time! Lol
I totally agree with penniestodimes. The number of CYDY shareholders is relatively small. I wish we uplisted a few years ago.
As long as we stay on this crappy OTC market with no analyst coverage, we will not really go anywhere fast with our share price.
Can't wait for the uplist to a REAL exchange with analyst coverage and institutional buying. Though nervous about shorting that may occur after the uplist.
Saltz -- since you have 500k shares and boatloads of warrants, have you decided to accept CYDY's tender offer of 50 cents for any of your warrants? If yes, which ones?
I have some at .75 and .675 and need to decide soon. While not ideal to exercise now as I have 3 years left on them, paying 50 cents a share now as opposed to paying 50% more (i.e.75 cents) down the road a few months or even 3 years seems VERY tempting.
Anyone else cashing in their warrants by next week? I do not think CYDY will extend the date a THIRD time....
Well put Mr. Saltz! I agree with you 100%.
I have over 300k shares and am very bullish and not worried about the BS of the OTC market.
Tony knows what he is doing.... he is a seasoned veteran. Ignoring the noise from us shareholders and focusing on the big picture.
I am holding on and looking for a nice return.
ppWhen the company trades on the bullsh$t OTC market.
They DEFINITELY knew that the news was being released today.... that explains the high volume and price increase over the last week.
As to why they kept the funding open till Friday,they wanted to be Sure to raise a lot of $$ just in case not as many warrant holders accept the tender offer of .50 which expires on Feb 28. Interesting to see how this plays out.
So Dr. Misiu, is this news ever better than what you expected??
Yes I called it. Felt like a 6 year old on Christmas morning as I checked for news this morning.
Now we need the knowledgeable people to chime in...
Hey -- Nader said Q1 would be the 'Golden quarter" -- so he was off by a year! Lol
I may do the tender offer for the warrants depending on the market reaction.
Go CYDY!!
I told you TODAY was the day!
Please interpret the PR!
Glad you chimed in Saltz....was beginning to wonder.
Who, besides me, lives in the NY City area ?
Once CYDY takes off, it would be cool to celebrate our new found wealth
You are correct George....6:00 AM. I will check every day this week as soon as I wake up. I feel like a kid on Christmas morning. Hopefully no coal in my stocking .
I am.NOT under an NDA yet I believe THIS WEEK will be good news. Starting tomorrow I will check news each morning ... usually at 7:00 AM news on CYDY gets released.
Good luck to all of us patient longs!!
As I said the other day, I REALLY see some news next week! Somebody knows something. Warrant tender offer expires on Feb 28....hopefully enough investors accept the tender offer so CYDY can stop raising And diluting us shareholders.
I am ready!!
I think it's some people under an NDA acting on the very positive information that's about to be released VERY soon....and if that happens I may accept the tender offer of .50 for my warrants.
I am locked and loaded!!!
I agree with d0lphin. SOMETHING is up. This is most likely very good news.
Maybe Nader was right about Q1 being the "golden quarter"....except he was off by a WHOLE YEAR!!
I am all locked and loaded with almost 300k shares!!
I just called Cytodyn. The deadline for the warrant tender offer for 50 cents has been moved to Feb 28. Hopefully this will be the last postponement!!
CYDY will be extending the warrants for 50 cents to sometime in February. In may call Mr. Mulholland and ask him myself.
Last time they announced the extension of the warrant conversion of 50 cents the day before the expiration. And I found out first from this message board. I got the letter from CYDY a week later....lol
I expect the same thing again....so hopefully someone will post to this board next week as soon as they extend the deadline if at all.
I got lucky....before SQ went public I was able to get shares that were priced at pre-IPO price of $16 but had to pay a 10% commission. So in effect I paid $17.60 pre-IPO.
Well, as it turned out, SQ was a huge dud...it priced at onky $9.00 when it first started trading in November 2015. I was so pissed.
It even dipped to below IPO price 2 months later.
The lucky part was for me to not panick and finally the end of 2017 arrived and SQ has done great. I still have most of my 1400 shares but may sell small portion just because.
Good luck to all!
Why would people sell SQ shares for tax purposes at the end of the year when SQ ran up so much in price? Why not sell Jan 2 or later so that the capital gains can be put off for a whole year?
I plan to sell a small portion of my SQ shares this week....
Management must think we are close to great PR.....otherwise why the limited time offer to reduce all warrants to exercise at 50 cents? And the fact that they extended the deadline to Jan 25?
I think they will look even more foolish if nothing happens during the next 3 weeks.
I welcome anyone else to chime in here. I have over 80,,000 warrants (mostly at .75) and I am ready to pull thed trigger should the share price increase to 1.00 or more.
I think over $1 and I'm exercising my .75 warrants. I also have .675 as well.
I've invested since 2015 including 4 rounds with Paulson. I'm ready. Can we FINALLY be rewarded dor our patience in January??
Thanks for sharing Georgesk!!
I hope to exercise my warrants by Jan 26.
How were you notified of the warrant exercise extension? I called CYDY but can't get a hold of anyone so I left an old fashioned voicemail.
At this point, i hope they suddenly don't come out with a good PR next week wothout enough time to get the necessary funds to them by 5:00 PM on 12/22. Sorry, that's just me being selfish and greedy
I am incredibly disappointed with management ONCE AGAIN. I was all ready to exercise 'some' of my warrants at .50 instead of .75 but with no news to boost the SP and Dec 22 vastly approaching, it appears that we are still stuck in the waiting game. What happened to the 4-6 week timeline stated on the Oct 19 call? Well, tomorrow marks EIGHT weeks.
So count me in as NO in exercising my warrants by 12/22.
Gestalt2,
I am a warrant holder like Saltz. Warrants were available to me as a private "accredited" investor via Paulson. There was a minimum investment required as well (e.g., $25k). An accredited investor must meet certain criteria (e.g., net worth over $1 million) in order to participate in a share/ warrant purchase.
Simply put, warrants are not available to an ordinary investor on the open market.
As for exercising at .50, I agree with Saltz.
Unless GREAT news is released long enough ahead of 12/22 for me to get the fund$ to CYDY, I will nor exercise my .75 or .675 warrants.
Hi Saltz, glad you got the paperwork. CYDY said they mailed it last week but I still didn't get it yet. I will need to call them again tomorrow.
I really hope to exercise my warrants soon
Let's all do ourselves a big favor --- stop guessing WHEN our beloved CYDY will FINALLY release a great PR. I know they said "4-6 weeks" for PE results on the Oct 19 call....and 6 weeks from that date is this Thursday.
They appear to be very close in releasing good results very soon....at least that's why we believe the warrant sale price until Dec 22.
I WILL add to my position by exercising my .75 warrants ONLY IF the stock price is a lot higher than .59 in a few weeks.
Can you list the 'Many" companies that shot up from a few dollars to triple digits? I know it's happened but you make it seem so common.
So how can you say this can be a $200 stock? I feel like it's the pre dot com busy in the late 90's...lol