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$CYDY produced REVENUES!!!! $41K ..... LOL!
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001175680/000155837021013132/cydy-20210831x10q.htm
Only $6.5 million left in cash as of Aug. 31, no wonder they had to induce warrant holders to exercise and give away free equity.
So you admit action is possible, just who.
Obviously it will be Fife and/or management.
I know very little about the California cannabis industry, but current management seems to know what they are doing. Such a departure from the past regime.
It will be interesting to watch how the state develops.
People who read the financials are well aware of the whole real story.
Agreed common equity is screwed, but it is still technically a wild card if the SEC approves the shelf S-3. If it does, the "long con" can keep churning away for quite some time. Social media can keep the share selling scheme going for much longer than past examples.
Entertaining stuff.
Also, fact S-3 has not been delayed effective by the SEC.
Why so long? Fife and crew got their shares to sell?
It's not fair...the SEC and FDA are killing people in their combined conspiracy against $CYDY management and delaying the life saving compound Leronlimab from the cultish masses!
First $CYDY needs to survive insolvency, very doubtful an approval will happen before then if ever.
YES, as giving away equity is a sign of insolvency.
Trust me, common equity bag holders will be the LAST to get the memo
Ah true, good point and something to watch for.
$CYDY can talk a big talk for only so long before the financial realities kick in. On the cash flow front, inducing warrant holders (Fife and associates) with toxic cheap shares and more warrants may only work for a short time and is the first true sign of trouble.
We know the toxic lenders got their "money".
https://www.sec.gov/Archives/edgar/data/0001175680/000155837021011964/tmb-20210818xs3.htm
But to keep the game on this needs to be declared effective. Why the delay?
$CYDY needs this S-3 approved BIG TIME.
https://www.sec.gov/Archives/edgar/data/0001175680/000119312521067849/d435677ds3.htm
Unrivaled Brands, Inc. Issues Letter to Shareholders
https://ir.unrivaledbrands.com/news-events/press-releases/detail/312/unrivaled-brands-inc-issues-letter-to-shareholders
No bounce at $1.60, the dump continues.
Doubt it as the "parasite pills" were readily available and leronlimab isn't.
But it is sad to watch people get caught up in one failed medical cult for another both in Brazil and the USA.
https://www.businessinsider.com/brazil-tragic-ivermectin-for-covid-frenzy-warning-to-us-experts-2021-9
Nice play, makes the per share equity requirement worth it, and even more so with near zero interest rates on cash.
With so much share overhang from current sellers and possibly more IF the SEC approves the shelf S-3. Why ever cover?
Evil shorts appear to be on the correct side of the market.
So entertaining to watch retail "invest" with their emotions.
Correct shorts probably should short more as the toxic lenders are definitely selling their shares.
The race for the exit has begun.
Toxic lenders have their $0.45 and lower shares registered and ready to dump.
In fact that may have been the entities that sold $CYDY down to $1.60 today. Exactly as I predicted.
https://www.sec.gov/Archives/edgar/data/1175680/000155837021011964/tmb-20210818xs3.htm
Fife and his toxic pals have plenty of discounted shares to sell to "Mr. Nobody"
I'm still expecting $1.60 as the next level, but the $1.75 was more tenacious than I expected.
Who's gonna get out first retail or Fife and the toxic lenders?
Look out below 10-Q commeth!
LOL, my IRA is littered with the coulda beens...
Scientist ain't got time for that... ccr5 science is still science.
These groups don't pay retail bagholder prices...
Regarding "shorts": I'm not a short and definitely not a long. Just here for the OTC level entertainment. Love watching a long running pump and dumps implode.
Biotech is a risky sector I agree, thus why quality matters.
$CYDY is not quality it's a pump and dump.
The toxic lender has registered shares to DUMP, bring on the fluff PR's
Fife has registered shares to DUMP, bring on the fluff!
$CYDY "initiates" many things, unfortunately none are successfully completed.
The 10/7 close was $1.79, lower than the previous day, thus NOT "engulfing"
It's also NOT part of a "Bullish Pole n Flag Pattern" because the pattern formed within a longer term down trend.
FORM EFFECT, the DUMP now switches to selling long shares. Enjoy the TOXIC financing. Paying market price is for suckers. Fife and company enjoys selling the "free shares".
http://archive.fast-edgar.com/20211007/AKZZGFZZZBQZMZZ8Z22BRZZS2BMNZZ2SZFZ2/
Fife and crew have their shares to sell.
Things must be improving at $UNRV as it was financed via regular promissory notes unlike past managements reliance on "toxic" equity convertible debt.
BTW, I'm long so I may have a positive bias. ;)
Near Bankrupt companies are always asking for money.
Filling to raise money and actually raising money are not the same.
Hence the SEC and DOJ investigations.
"Obviously he knew this train wreck as in motion."
The public narrative and company internals tell very different stories and there is a limit to how much disclosures protect management from regulatory action or prosecution.
Bingo! ""Gutting the company as quickly as possible before SEC and DOJ can freeze assets"
This is where team diversion goes back to, "but this is about the amazing compound leronlimab" LOL..
The details and at the end is a new corporate presentation.
http://archive.fast-edgar.com/20211005/ANZWV22CZ22F52NZ2A2C22Z2RVIMZZ28Z232/?fbclid=IwAR2B55X-i0STh9lZlBweSmW_f11AhB2f-m3QwdQRhYno0pClPNqWlWqd0qM
Regardless, the inability to access that data in a timely manner without an expensive lawsuit only further dooms $CYDY.
Glad you're glad?!?
10-Q will most definitely be an interesting read.
https://www.sec.gov/edgar/browse/?CIK=1175680&owner=exclude
Ditto's, this is like a CNBC "American Greed" episode in real time.
Wonder if there will be any drama from the courts?
OK, formatting issues. But, to blame them for the BLA portion is hogwash a that was $CYDY's job.
On your other comments. I care little about the "proxy war". Common equity screwed regardless who wins Team NP or the 13d Gang.
The data $CYDY is suing for is "sub performance"?
Did the CRO conduct the trials wrong? That's a seriously bad and way beyond the issue of just withholding the data?