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Excellent post, Bobby!
Make that two votes.
The research was provided by BIOVID and embedded in the deck that is posted on the CYDY website: https://content.equisolve.net/cytodyn/media/9bb625fefc4872db42ac65d15afea2ae.pdf
It's funny that you would mention this stock. I've been watching the action for the past week and it's been brutal. So glad I wasn't in it.
AF led a short attack on Anavex a couple of years ago shortly after they executed a 1:4 RS and moved from the OTC to NASDAQ and quickly ran from $4 to ~$15 pps. AF and his minions executed a massive short attack and forced the pps back down to $4 in just a couple of days and I lost $700k in profits due to that scum bag. That's why being on the OTC is a double-edged sword. Although it limits investing by the tutes, it also makes it difficult to organize a short attack because many brokerages won't lend money for shorting stocks on the OTC.
A picture's worth a thousand words - your chart says everything (i.e. you nailed it!).
I may be wrong but I don't think they "moved" the BLA date. I think what they said was they're planning to "complete" the BLA in the first half of 2019. But again, I may be wrong.
Understand. The good news is that it just took them out and hit $.55!!!
Why is everyone saying "Paulson is selling..."? I was under the impression that it's not Paulson selling shares but rather the private investors who purchased the shares as part of the Paulson cash raise (i.e. Paulson is only the broker). Am I missing something?
I'm sorry, I must have misunderstood the point that were making when you said "and our CMO is in his mid-70". I thought you were implying that he was too old to be effective. So what did you mean by "and our CMO is in his mid-70"?
There's no need for someone who wants to buy several million shares to purchase them on the open market when there's a secondary market that will allow them to buy in bulk w/out moving the sp.
From the S-3 Registration Statement filed on 3/22/18:
"The table below sets forth information concerning the resale of our shares by the selling stockholders.The selling stockholders acquired
our securities in private placement transactions. The total number of common shares sold under this prospectus may be adjusted to reflect
adjustments due to stock dividends, stock distributions, splits, combinations or recapitalizations with regard to the common stock and
warrants."
...and
"As described in greater detail in the prospectus contained in this registration statement, the shares of common stock to be offered for
resale by selling stockholders include (i) 35,789,919 shares of common stock issued to the selling stockholders in private transactions,
(ii) 40,639,439 shares of common stock underlying warrants to purchase common stock issued to the selling stockholders in connection
with private transactions, and (iii) 3,323,009 shares of common stock underlying warrants issued to Paulson Investment Company, LLC
in its role as Placement Agent in certain private transactions."
Use this link if you want to see the table of sellers and shares that are for sell, and scroll down to pg 8: https://ir.cytodyn.com/all-sec-filings/content/0001193125-18-091349/0001193125-18-091349.pdf
According to his post on Thursday, he "had" 100k shares.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141698875
Glad to see you're back, Tom. How did your surgery go?
In Molly Walker's article in MedPage Today on June 11, she said the following:
It's simple economics. If I can buy 4mm shares for $2mm at a .50 pps, and then sell the 4mm shares that I just purchased, I have my $2mm back and 4mm free warrants. I then take my $2mm that I just got back by selling at cost (i.e. .50), and then I have the money to participate in the next Paulson cash raise. It's "wash, rinse, and repeat". They're not concerned about making a few bucks by letting the pps go up - they're more concerned about getting their cash back for the next Paulson cash raise.
Well, the PR just came out - looks like 2mm shares sold with matching warrants.
On June 15, 2018, CytoDyn Inc. (the “Company”) entered into Subscription Agreements (the “Subscription Agreements”) with certain investors (the “Investors”) for the sale by the Company of 1,970,000 shares (the “Common Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), in a registered direct offering (the “Offering”). The Investors in the Offering also received warrants to purchase 1,970,000 shares of Common Stock (the “Warrants”). Each share of Common Stock was sold together with one Warrant to purchase one share of Common Stock for a combined purchase price of $0.50.
I may be wrong, but I think these are options that are being awarded to mgmt. If that's correct, then it leads me to believe they've reached a major milestone.
Now that's an idea that I haven't thought of (the tube, not the hip replacement). Just make sure the toilet is lower than the bed, or it could make for an uncomfortable night.
All joking aside, good luck on your surgery. As I'm sure you know, the technology for hip/knee replacements has come a long way, and I'm sure you'll be better than new afterwards - kinda like the bionic man.
...and I thought I had it bad because I have to get up 3 times a night. Well, I digress...
Yes, I got it too.
It's funny that you said that. I added 20k shares yesterday at .525 and plan to add another 20k today if it hit's .51.
Could this have something to do with the coordinated selling on NITE?
https://ir.cytodyn.com/all-sec-filings/content/0001193125-18-091349/0001193125-18-091349.pdf
Look at pages 7 and on...