Nadar gives the most absurd excuse for the massive dilution that has taken place: he pins it on "leadership from 2017-2019". He has that Powerpoint slide to point out the dilution from those years. This is ridiculous. For one, he was the CEO those years. Two, any senior management hired during those years were done at either his behest or approval and he was praising those people during those years.
This is a bald faced attempt at deflection. He is trying to cover up for his infamous "meenamal dilution" statement.

Also, he never answers the question when asked how he will raise financing. Going into past stories about his wife's credit card, lies about not taking a salary for a year, tells nothing. Saying "like we've done in the past" is misleading. Really, you are going to Fife again as he's being sued by the SEC for being an unauthorized securities dealer? How do you plan to issue shares with the SEC refusing to authorize your last two S-3 filings? These are the difficult questions Nader never gives a straightforward answer to.

My gawd. Nada just said the company is "low risk, high reward" on a stock promotion video webcast. He is just asking for the SEC to lay the hammer down, IMHO.

Nada and Scott just bs'ing now. Nada ignored the question on the cash burn rate and how he plans to finance going forward. He rambled on about the past financing.

So the lawfirms now smell blood in the water. The first fishing expedition notice has been announced. Remember earlier in the year the Yahoo summary tab was filled with law firms seeking plaintiffs? Good times, good times. I still stand by my prediction of bankruptcy by end of this month. Diluted share count is now 645M; it was 637M just 2 weeks back. They are pretty much out of authorized shares to issue and the SEC refuses to authorize any S-3 the company files.

https://www.otcmarkets.com/stock/CYDY/security

SK is in plenty of hot water legally. One, as Chairman of the Board (nominally at least) he is NP's boss and responsible for his actions. Two, did his wife sell her shares with knowledge beforehand via SK of clinical trial results?

What about this one:

"Why did you not issue an 8-K when you received subpoenas and found out Cytodyn was being investigated by the SEC and DOJ? Did you not consider those material events? When did you find out? Did you think it was ok for people to buy shares of CYDY not knowing until the 10-K was released?"

Game theory time. Who will turn on whom in order to try to save their own hide? If Scotty has any brains he should know that Nada has no loyalty to anyone but himself.

Exactly. Nada NEVER puts bad news in writing INITIALLY. He quickly glosses over/mumbles the bad news VERBALLY in a video. He then BURIES the bad news in the next 10Q or 10K. However, for the SEC and DOJ subpoenas it was most egregious that he never mentioned those in a video prior to the bombshell reveal in the 10K. Also, he has never talked about them afterwards either.

What part of this on pp.125-126 from the last 10K is not clear and would cause a normal person to think Cytodyn is not being investigated?

In addition, the Company and certain of its executives have received subpoenas in connection with an investigation being conducted by the United States Department of Justice. The subpoenas seek testimony and/or records concerning, among other matters, leronlimab, the Company’s public statements regarding the use of leronlimab as a potential treatment for COVID-19 and related communications with the FDA, investors, and others, and trading in the securities of CytoDyn.

The Company is cooperating fully with these non-public, fact-finding investigations, and as of the date of this filing, the Company is unable to predict the ultimate outcome and cannot reasonably estimate the potential possible loss or range of loss, if any.

NaDeer will be giving his deposition tomorrow. Sworn testimony in a court of law. No more mumbling and shucking and jiving. The opposing attorney certainly will not "Fear the Deer".

Is some swing trading group like Tim Sykes manipulating this?

You mean a Patient (singular) is being treated (as far as we know).

They are prepping people to make the big announcement at this paid for "emerging growth" conference they are now an oncology company. HIV and Brazil/Covid won't be mentioned at all is my guess.

Guessing Nada is having big problems dealing with this "particulate" issue he mentioned. Notice he did not state that first patient was dosed via IV.

One thing that should happen if the 13D group prevails and has any sense of fiscal responsiblity: fire all 11 paid promoters. If that happens, watch the message volume and users suddenly disappear from here and yahoo. You won't be reading illogical defenses of Naddir anymore.

I must have asked this 50 times, but the voices from vancouver have no answer: why has the SEC not authorized the last two s-3 filings? What does that mean for the company in regards to the ability to raise funds?

This must be a difficult conservation for Brazilian doctors to have when approaching potential patients and their families: "I want to try this experimental drug on you, but I have to warn you first that the US FDA has stated in a letter that it unequivocally does not work in either treating or preventing Covid. Now, can I try it on you?" lolol

I actually lol'd when NP asks on the proactiv vid why people ask him "why aren't you getting things done faster"? I dunno Nada, maybe because you have zero FDA approvals in the 12 years you've been there sucking up a massive yearly compensation package?

Here' an analogy of the current situation. Imagine a bar where a loud, drunk customer is scaring away the other customers. That person is Nada. Now, imagine the bar owner has had enough and calls in his bouncer. The bouncer throws out the drunk literally onto the street. The bar owner is the SEC and the bouncer is the DOJ. The bar is a legally functioning stock market.

I still stand by my prediction of bankruptcy by end of September.

A drug that does not work for Covid in the USA will not magically work in Brazil. The FDA has unequivocally stated in its infamous letter the drug does not work in treating or preventing Covid.

In its entire history CYDY has spent FAR more on lawsuits and executive compensation that it ever has on running clinical trials. It looks like a sham company and if I'm DOJ I start examining the relationship between a non-independent board of directors, management, and an outside unauthorized securities dealer all of whom are enjoying nice compensation while shareholders suffer.

Why is Recknor being paid the very generous sum of $2.5M to "run trials"? How was this number arrived at? Seems like a WASTE of money as he seems to be struggling MIGHTILY with the HIV BLA resubmission, so much so that 1. Srinivasan needed to be hired to help him and 2. Now there is no deadline to resubmit the BLA and they have moved on by saying Covid is more important than HIV.

Next big news to drop will be, IMHO, and in no particular order 1. Bankruptcy 2. DOJ arrests

These are the type of misleading statements, if not outright lies, that caused the SEC and DOJ to serve up subpoenas. Seems like CYDY management has not learned its lesson, but perhaps they know they will be vacationing in Sheridan regardless so they don't care?

Why is Recknor being paid the godly sum of $2.5M to "run trials"? What trials is he running? What EXACTLY is he doing? Now Nada says he won't (can't?) give a deadline on the HIV BLA submission. This new guy Srinivasan was supposed to be the BLA expert; seems like he's of no use. My prediction: HIV BLA had SERIOUS problems with it that Nada hasn't told investors about, hence why he has never revealed the actual RTF letter, and the HIV BLA will NEVER get submitted. He stated yesterday that Covid has priority over HIV, lolol.

You don't know if he pled down from more serious charges. The company itself felt it was significant enough to bring up his felonies in an 8-K. Fact is, he would fail background checks at every Fortune 500 company and would never be hired.

Bruce P. said he welcomes the deposition and discovery process. Nader, on the other hand, is going to be roasted alive on Sep 14. No more mumbling and lies. Yes or No answers under a lawyers harsh questioning.

Example:
Lawyer: "Mr. Pourhassan are you a felon?"
NP: "Well, you see I wrote a check for.."
Lawyer: "Stop right there. I need a simple yes or no answer"
NP: "Yes"

Nada admitted today he reads the Seeking Alpha articles. Wonder if he reads the scathing comments left on those? Probably not or is too stubborn to heed the advice given.

SEC/DOJ must be taking notes of all the lies and exaggerations being told.

Interesting. Where's Arian Colachis? Can she verify that she prevented him from buying for the last 12 years?

Latest S-3 from August 19 still not declared effective by the SEC, just like the S-3 from March. They can't issue new shares to pay off Fife. They are cooked. Still sticking with my bankruptcy by the end of the month prediction, that is if DOJ/SEC don't step in first.
*All IMHO only and not investment advice*

Add "horrible dilutive sweetheart deal given to chosen investors" that just happened today to the list of NP's "accomplishments".
The investment bank that was suing them got warrants at $0.40!

haha, from Nada's email reply to Bruce in January 2020 it seemed he was more excited about the prospects for CYDY's share price in China than in saving lives!
"Any news of us being able to use leronlimab in China will take our stock to a whole new level."

100% fictional story, right down to the phony doctor who has this foreign doctor persona but sometimes slips up and writes in perfect English. The only question is who is behind this sock puppet account: Spokane Mike, Lankford, etc? Paid pumper for sure.

The tell as you said: If this were true the company would have PR'd it to high heaven, since they PR'd nonsense about official airline partner of the Philippines.

That Sep 14 deposition of Nada is going to be brutal - for him and the cydy share price.

lol. Actually regretting it now. I want him no where near Waffle House. My luck that I'd go to the one where he works and he'd screw up my hash brown order!

I suggested to Nada on twitter (via @him) that he resign from CYDY and join Waffle House as a line cook. Awaiting his response.

That's normal in cydy bizzaro world, where actual crimes by np are glossed over, and given excuses, e.g., "he was young", "he's learned", etc, but potential unfounded conspiracies by 13d group are harped on.

yes this is bs. If you're handing over a large check do you want to do it at a McDonald's or Starbucks or is it safer to meet someone at your hotel? Looks like he gave her the choice for exactly that if she wanted.

Now do the same for CFO Mulholland who said back in July 2020 "think of it as a 6 week process (for NASDAQ uplisting) and we are in week 2". No NASDAQ listing of course happened, but the share price rose thanks to his comments and he sold most of his shares in December 2020.

It's like saying the Captain of the Titanic "has flaws" as he's ramming the ship into the iceberg.