Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
If and it's a big if.
If InCellDx was doing so well financially and such an amazing maker of assays .
Why oh why has the great Bruce Patterson never taken the company public ?
Because then the low revenue, the absence of FDA approved kits and the big losses would be public.
Bruce has been hoping to sell his pig at the market since back in 2010.
He tried claiming that he was on the verge of FDA trials for a few tests that seemingly never got FDA approval.
Bruce Patterson is like a parrot, who only knows two phrases. "FDA approval" and For Sale".
Jmo
That is all just coincidence. (Sarcasm)
Today we will discover whether the 13D's last minute filing with lots of omissions designed to pull the wool over our eyes was successful.
It was a typical senior citizen plan put together by people who are so arrogant that they thought they could flagrantly violate the Cytodyn bylaws and get away with it.
They then spent the next half year teaming with the shorts to destroy our share price, because as ignorant retail we care the most about the short term stock price. This had the added effect of making it difficult for mgmt to raise money effectively.
On top of that, attempting to get high numbers of responses to the white card proxy to show the judge today how much they are wanted by shareholders.
I sincerely hope they are sent packing today. They have created an almost disastrous distraction during the most important year for Cytodyn.
Jmo
Not happening to Cytodyn , but almost happened. This is what they attempted then were turned down by Nader.
The 13D takeover is another attempt. Except this time they are trying to replace the BOD first, then borrow the company into bankruptcy and finally liquidate.
This is why they are so relentless in their pursuit of the Cytodyn board seats. They thought that by hanging Patterson out as bait the Cytodyn shareholders would just give them the company.
Jmo
What part of Ultimately Responsible do you not understand ?
CEOs do not have an active hand in the actual BLA creation. Just like a CEO of a telecom isn't out testing fiber.
They are ultimately responsible especially because they approve the hiring of the people consulting, editing , creating.
Amarex smells fishy.
I would have my new hire experts poring over every line. Every line of 500,000 pages can take a while.
People who complain about not getting a quick turnaround especially after a CRL or as in this case a Refusal to File are either ignorant or want another failure which puts it out another year and a half out.
It appears to me like the Regeneron guy talked some sense into the folks at Cytodyn .
Jmo
I'm just a regular shareholder who has never communicated with anyone at Cytodyn for any reason. Not compensated in any way.
My suspicions on the 13 D have been dead correct. My opinions before the 13D was ever public were dead right. I never liked Patterson , didn't agree with the former Board and the whole Pestell and Tony C gang or their supporters.
I'm not a Nader cult follower, his overly enthusiastic timelines are never met. However his logic about pursuing the lower hanging fruit makes sense. He has the company prioritizing what can bring revenue soonest.
They haven't said , but if I was them , due to the almost purposeful failures of Amarex in trials and the HIV BLA. I would suspect some landmines ( buried errors ) in the BLA and would have some highly qualified people going over it with a fine tooth comb.
Beyond that, taking the extra time to vet the BLA and allowing other developments and maybe some revenue allows them to approach the FDA as a stronger, more stable applicant as well as having a more accurate and complete application.
So for me, it's not that is has to be Nader, but more that it should not be anyone from or related, connected to the 13D.
Jmo.
That's a pretty accurate portrayal of what would have happened.
The various 13D basically just outed theme selves as to what they have been attempting for years.
Who keeps getting in their way and stopping them ? Nader.
Jmo
This article from 2010 has IncellDx announcing an FDA trial and the desire to submit other of its tests for FDA approval.
https://www.genomeweb.com/diagnostics/incelldx-advancing-toward-filing-fda-clearance-hpv-test#.YVh7EbvPy1g
11 years later.
Did any of their tests get FDA approval ?
We can see here that Bruce Patterson decided because some other Molecular Diagnostic companies were bought/sold for hundreds of million dollars that InCellDx should also be worth that.
He was touting FDA approvals then, how well did he do ?
jmo
You only quote a Dollar amount, what was the corresponding share amount to get that size of funds raising ? That is what matters, especially to the question of dilution.
Right , because there is no one out there that want this stock low before the vote.
He said today, but that could be when Cytodyn gets their update. When they share with us could be a day or two later imo.
What will happen is the Hospitals buying and using Leronlimab will clear out patients faster.
They will have room and be able to accept more new patients and word of mouth will spread that people who go to these hospitals get better faster.
They will use up their stock of LL and keep ordering more and the orders will get used up quicker and as this is observed more hospitals will get added as they see the effects.
By the time the interim results from Brazil are shared , the Philippines will be primed for an immediate EUA.
Jmo
I agree.
Actually they don't dig up or find anything new.
They have what they define as two very old pieces of dirt and are constantly posting around them.
Jmo
message hidden
Right , law firms.
These are the Short Hedge Fund aligned ambulance chasers which provide a constant negative looking PR blitz.
A large part of the Shorting Strategy.
1. Hit Article with allegations.
2. Short Hard to create appearance of selloff.
3. Law Firm Blitz to create appearance of legal issues and longer term negativity for those who do not understand the scam.
The problem is that they are looking for people who lost money in stock drop. Issue with this is that they are actually part of the longer term FUD.
Jmo
The 13D narrative and the narrative of all the shorts seems to be the same.
The parasites decided they really like the taste of the host, so we should give it to them.
Jmo
Unfortunately the reality is:
The Fife deals have paid for trials and operations which have moved the company possibly to where it can become independent of those types of deals
What Fife does with his stock is his business, Cytodyn gets cash to use.
As for Pestell, he has gotten very rich from Cytodyn a la Tony C. What did Cytodyn get for it ? A whole lot of nothing besides lawsuits. Thank you 13D member.
Tony C gave us very dilutive cash raising. Paid self well when the Executive Chairman, all the power and the ability to put Cytodyn in the dirt and we'll executed. Plus also more lawsuits against Cytodyn , thanks 13D member.
Surely everyone understands this simple concept, more shares for less cash is worse. The dilution schedule yells that story.
Now they want back in to do it again.
Seems like Everytime a 13D members name is mentioned there is a bad consequence for Cytodyn .
It has already become an expectation . If good Cytodyn news is announced or something positive about to happen affects the stock price, who issues a PR that reversed that ? Magically that " group of shareholders " formerly and still currently called the 13,D.
Talk about reverse Psychology.
Oh yeah, lets forget all about the shorts crowing about how much money they made on June 30.
Superchet made out like a bandit as did other 13D members, but now it was all Fife and Cytodyn .
Jmo
Jmo
The only thing this activist group has done is work against the company. Not just the management but the company as a whole.
When you look at the dilution schedule that was presented by the company at the last CC, it shows a time period when Tony C and Pestell had the drivers seat and NP has been sidelined.
It's very simple, less capital raised for more shares.
Current management pushed the Covid application because it has the best chance for creating near term revenue if they can get an EUA . This revenue would give Cytodyn the financial base it needs for avoiding further dilution and running the new trials to advance into LH and Cancer.
Paul Rosenbaum's group has no plans or strategy for raising capital or creating a near term revenue engine. Their plan would also possibly put enough delay into the scheme to allow expiration of vast quantities of Leronlimab. So for them, it's take control, look at the financials claim it's unfixable, dilute massively and then either sell Leronlimab to a BP for pennies on the dollar or just steal it. They can steal Leronlimab by Massive Dilution followed by a massive RS to push out retail at super low prices, taking it Private and then doing what they want with no SEC oversight at all
The only thing that needs to be paid attention to is the negative PR issued at every positive news or event by the company.
Jmo
You and the slime don't actually agree unless you want CYDY shut down
Jmo
Oh no that will not happen, the shorts see the fruition of their goal if the 13D slate of directors is nominated.
The biggest reason shorts are not covering is not due to disbelief about the Brazil trials. They are waiting to see who wins the vote .
They recognize the 13D will stall Cytodyn from the inside while diluting it to oblivion.
With no foreseeable revenue and just dilution the price per share goes easily back under a dollar which is where the shorts want it, and the Company vulnerable is where the 13D wants it.
Jmo
I suspect they are trying to bump up responses to their "white card proxy" to show the chancery Court how much support they have.
" Everybody wants us "
To my view they have a few people posting constantly on all platforms to try to shift sentiment. Unfortunately all they know is "catchword , catchword power phrase, yada yada, Nader Bad"
If the above does not work say more often, say more loud, use caps lock and for gods sake, use laughing and LOL.
Just keep in mind. ECOR not worth much, InCellDx not worth much, but these extremely experienced directors will hit a home run for Cytodyn.
Uhhh, cause they couldn't for their own companies ?
Jmo
More truthfully.
If you want it but don't own it, STEAL IT !
The 13D is scrambling with their constant PRs. They are desperately trying to figure out what shareholders want so they can claim that's in the plan .
Unfortunately they have been uncovered and true longs do not see anything of value
Patterson nattering about FAST FDA approvals as if there is such a thing. These guys are working hard to be able to put Cytodyn in stasis then liquidate it.
Dr Yo, Bruce Patterson's little sycophant has made it clear what Patterson's plan is.
The ego's in this circle of people who fully expect CYDY shareholders to hand them what they want are enormous.
Jmo
Nope, Superchet and other 13D trades were very coordinated with short attacks on this company.
Only, they would be so stupid as to do this and get that benefit , then turn around and try to take over a company and have their trades be reported and seen for what they were
Jmo
Yes let's try again.
If NP was buying shares on the open market then the claims would be that he is insider trading.
Much like Kelly's wife , even as she plays by the rules and only buys during accepted time windows
As for Beaty, he was very coordinated in his timing with short attacks. Coincidence ? Possible, but I don't believe so.
The enrichment is much more pronounced in the 13D and I suspect they want even more
Jmo
Robbed ? the biggest 13D holders have made out like bandits.
Superchet and his short hedge fund buddies did great .
Now you want him in charge to finish the job ?
Jmo
Executive compensation packages all include a high percentage of stock incentives.
Better for an executive to complete milestones and get compensation that way.
Buying on the open market even in predetermined time windows will always have some screaming about insider trades.
Jmo
That doesn't even make sense.
Fail in order to keep getting a salary.
Here is some really really profound wisdom.
IF YOU SUCCEED, YOU CAN KEEP YOUR JOB.
Jmo and probably most of the worlds opinion too.
Right because with so many things in the pipeline and lots of pertinent information that we do not know about, maybe if he broke the rules and bought he could be accused of insider trading.
It's much safer as an Insider to just make milestone goals and get paid in incentive bonuses.
But hey, it's not really the buying of stock that really matters, it's making the noise that he hasn't right ?
For me I don't care if he buys or not, as long as he executes on his plan.
Jmo
That was the old days price.
The 13D was gonna go for $500 million dollars. They still will, if they can get their grubby candidates in as Board Members.
jmo
Groundwork by Patterson ?
Has InCellDx done a PhaseII trial and been approved for a PhaseIII ?
Not possible that he could do a PhaseII using Leronlimab.
Patterson is a Maraviroc " who needs a liver ? " shill.
jmo
Perhaps my point about the dollar amounts for the return on those dollar amount was missed.
It's funny when all the 13D complain about NP and self enrichment and favor a group of people who would enrich themselves 500 % to 1000% more in one fell swoop.
I mean, really.
At least NP has worked for the company for over a decade to get his shares.
Pestell, Tony C were successfully in getting very rich for nothing in return .
Beaty through stock manipulation maybe not caused by him, but he certainly rode it well, almost like he had pertinent information about it.
Patterson , looking to get his after. Although I guess we can ask,. What he did that was worth anything for the shares that he has currently.
All these scumbags seem to see Cytodyn as a fruit tree that they are entitled to pick clean because of who they are.
Jmo
Yeah, they want a board that is independent.
So their plan is to replace the current Board Of Directors ( the whole board ) with new directors that are selected and voted for by the 13D.
Now the Board is beholden to the 13D.
The new Board will replace all management.
All new management selected by the board of directors who were selected by the 13D.
In their ideal future , who is independent of what ?
All funnels to the top 5 of the 13D or whatever they call themselves.
Who actually thinks anybody will buy the " we need an independent board " argument ?
Jmo
Sorry I did not see you cheering this last year when there was an OLE in place, and EINDs available along with last ditch Right to Try.
Crocodile Tears about access to Leronlimab temporarily while they run Trials don't get taken seriously.
jmo
So your saying they make a test used in someone else's test.
An assay is a procedure to find the presence of something or the absence of something A fancier way of saying test .
The clarification being that Bruce did not submit to the FDA but some other entity did.
Yes.
Now we are past the date of record for the voting.
13D can sell off all their shares and exit before the train wreck that they will cause if they win the board seats.
They can buy some InCellDx and wait for Cytodyn to purchase .
Or wait for the RS then the massive dilution to buy InCellDx and for operating capital . Then buy in at pennies compared to now.
Jmo
The major scumbag leaders of the 13D are still organized and pursuing their goal.
What did Cytodyn get for their millions in legal fees ?
They should have pushed discovery to the limit and then allowed this symbolic yet meaningless gesture from the 13D.
I guess no one ever taught Scott Kelly or Nader about the importance of follow through.
Jmo
Does InCellDx have any FDA approved tests on the market ?
Yup, I don't know why Mgmt stopped where they did, there was much more rot under a few layers that Rosenbaum and his cronies did not want uncovered
13Ders keep posting about an independent board, yet they want the rest of the shareholders to vote for the 13D slate of directors.
Ok, so then we have an Entire Board of Directors beholden to the 13D investors.
That BOD then replaces all the C-Suite so now we have all the upper management beholden to the BOD.
So if all the Management and all of the Board Of Directors are hand picked by the 13D and we have this circle of cronyism in place.
How is anything independent of the 13D and their agenda ?
Cytodyn management dropped the ball, should have dug a little deeper.
Jmo