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It would be interesting how many and which BODs voted against Pestell.
I hope we will find out what was going on. If it was not Pestells fault, he for sure can have the voting power of my shares to remove this rotten apple.
If I remember correct, Nader told us the TO will be done due to some request of an investment bank (?) and because it is currently the financing opportunity with minimal dilution.
What was the train of thoughts for this TO? After the miserable first TO and without any material news in the pipeline, this time it will be better for sure?How many TO will be necessary to sufficiently clean up the warrants? Theoretical five, ten or fifteen new TOs with 5MUSD each?
If the outcome of the current TO is in the same category of the last one, one has to ask about the sanity of Nader and the BOD. Or was this an act of desperation since TOs are the last resort for financing, since even Paulson is out and all announced possible financing deals did not materialize?
It will be interesting if he tells us tomorrow in an other proactive investor interview about the $ number of the current TO.
I just cannot believe how he pulled this crap the last time and he lied straight in the face of each shareholder.
The only ones who were "up for a tremendously surprise" until now were not the shareholders but the two BODs earning 20kUSD/ months.
Buying shares (or execute warrants) based on sensitive information would be legal?
Or what could be the content of the NDA worthy information be?
Golden quarter is finally coming 2019 a.d.? Or first TNBC injection is imminent? Financing is around the corner (this time for real)? Or we are talking about trillions not billions soon? Or we are the real next Humira? Or we are similar to the rise of Gilead, just wait a few more years? Or we are set for a big surprise/ spectacular information soon? Or just convert the damn warrants and shut the fu up.
Yes and with "research" we have a field where we will earn noticeable money in the next years? Any numbers?
In my opinion this news was an other classic Nader PR stunt in the light of the current TO offer. Putting out news of commercialization of a new product without any (conservative) indication what the potential revenue could be. Is it in the range of a few thousand, ten thousand, hundred thousand bucks for 2019 and 2020? What are the (conservative) expectations of the company? Why sell it if you cant estimate if it makes economical sense to sell the product?
If they have any kind of business plan they would have made revenue planning, market size analysis, future potential etc. You know those are the things successful companies usually do before they develop or even try to sell a product, even if it is a kind of by-product.
Did we ever get informed about anything, why not?
But I guess he is rather busy with his proactive investor interviews where he likes to talk about fictitious numbers (e.g. expected TO result) instead talking about real numbers.
By Nader literally saying he took something out from the trash bin and the company tries to sell it now, pretty much tells the story how this company is lead.
You do not understand.
As explained some time ago on the other board, those videos are just for informing present shareholders (see viewer count on youtube), so they do not have to ask simpleton questions on the next conference call (as one, who asks simpleton questions during CC would listen to those videos...). The quality of the "information" on this videos is of course out of question.
It seems he is still not able (or does not want) to learn from his mistakes in the past, since he is still pulling out $ numbers from his asx. As a shareholder I fell a little bit offended after watching the last video. Does he really think any sane shareholder believes any of his $ numbers after the fictional $ numbers he pulled during the first TO, even the day before the TO offer closed?
Those videos are damaging the reputation of the company, the BOD has to stop him.
As I understood Maraviroc seems to be the biggest competitor on CCR5 and as I understood, the only one with good results (but with sever side effects).
I agree there is lots of research done on CCR5 but which other product is also effective like Maraviroc and is also already commercialized? Could you name a few which make any relevant sales?
I assume it will take some more years until a few of those other products will be commercialized and our test could be of use.
Ok then what are your considerations on this news?
Or can you only discuss on a emotional level?
With the available information in this news, I would sort this "news" in the category of the recent "CytoDyn Signs Groundbreaking Memorandum of Understanding with Thai Red Cross AIDS Research Centre" and in the presence of the new TO it looks like a cheap pump by Nader, for now.
Ok I missed that. Was this explanation in one of his many videos? I stopped watching them since I can't keep up with his overoptimism no more (I have nothing against an optimistic view).
This must be annoying for Pestell. Hes is doing his best and working hard to get it done and Nader constantly announces new self imposed BS deadlines which blow up on a regular basis.
Its like your boss announces to the customer that you finish the work by the end of the day but you know it will not be finished in the next few days fore sure.
Sure, tomorrow is the last trading day of Q2 and Nader announced to deliver first TNBC injection in Q2 which he will probably blew (again). Or has he already officially shifted to Q3 in one of his videos? But who cares, "first TNBC injection" is already in the category of "golden quarter" and "financing around the corner" and lost probably lots or most of its pulling force (special thanks to Nader!).
He is only 7 months late by now and he still seems not to be able to learn from his mistakes by announcing dates he has not in control or knowledge about.
I am almost sure if tomorrow really passes without TNBC news, we will not get informed why again we could not achieve the first injection.
I have no problem if someone misses a timeline once or twice, as long as there is a reasonable explanation and the same mistakes are not done again and again and again ...
This is the next level of pushing by Nader.
"groundbreaking" and "trillions not billions" are words and phrases used by cheap stock promoters/ pushers but for sure those are not the selected words of a serious and professional managed company.
Groundbreaking could be used in a professional manner if they have good (waterproof) result on the first TNBC injection (if this ever happens) but not when Nader signs some kind of paper in an early stage of negotiation which could lead to whatever result in a few months or years (based on Naders track record it will be years).
google:
I would say the warrant holders are kind of fed up with Nader and have no confidence in Nader being able to deliver on time or bring the company to the next level?
Looking back into the mirror of the last 6 months, I would say expecting to have at least the same share price is not a sure thing ...
6 months ago nobody except Suvrov believed in a SP below 40cents but it happened. As much I dislike him for various reasons, he was right and almost all others were wrong in this matter.
CytoDyn Raises over $12 Million in New Capital from Private and Public Warrant Offers in the Last Five Weeks with Minimum Dilution
Wow some people will be very disappointed with this low figure. Some will be even more disappointed since finesand was very close with her assumption.
Some months ago NP mentioned in a conference call that they were in talks with Gilead in the past but unfortunately with the "wrong guys". Since then I wonder about this words.
How can they have talked to the wrong guys? I assume BP has routines and specialists how to handle and proceed with companies like CYDY. Better to make sure not to slip and pass a possible blockbuster to the competitor.
Did anybody hear from NP more about the situation with Gilead and why specifically they stopped actively negotiating? Did they burn the bridges with the "wrong guys" at Gilead for good?
I do not know what the expectation was. Yes, we had a conference call with very good announcements and maybe the final turnaround in regards to the SP. But how were the news distributed? Well I guess almost all ihubers and some Paulson investors were listening yesterday, but who else? Were the news published afterwards in any relevant webpage, social media SEC filling, etc. ?
I am sure big pharma was also listing with one ear but they are certainly not buying shares on the open market. So what was/ is the expectation who should be buying today based on the (not) distribution of the news?
Has anybody an educated guess how much time and money one of those proactive investor interviews costs? If the viewer count on Youtube is correct, barley any video reaches >1000 viewers. I guess a good portion of the viewers are ihubers which are already well informed. => A waste of time and money and in the meantime they should have recognized that. It was worth a try but it looks like ineffective.
I know this is wishful thinking.
Knowing Nader and his ego over the last months and years, I guess he will not move voluntarily.
The situation right now reminds me of the situation after the investor conference earlier this year, where Nader and RP were smiling their ass off and therefore many speculated a deal must be imminent. I cannot understand why people still jump the train based on some smiling and joking of Nader in a promotion video.
Honestly, non- dilutive financing or his resignation.
I guess we will add "pleasantly surprise" soon to the Nader shelf of hot air, right beside "Golden Quarter", "financing around the corner", "several financing opportunities", "financing not a problem", you name it
Lets see how Nader will "pleasantly surprise" us shareholders at the upcoming shareholder conference.
He better has some rabbits ready in his magic hat.
It is getting better an better in terms of shareprice ...
If Nader would have a better financing alternative (compared to Paulson raises) he would announce it rather earlier than later to shareholders. No way that he finalize the terms or lift the NDA of the new financing a few hours before the shareholder meeting.
Knowing Naders performance and stories regarding financing in the past, I unfortunately expect some more BS from him at the shareholder meeting. No credibility left in this matter.
I do not understand why the BOD let Nader continuously announce such BS over the last months. There is so much potential and they make really great progress despite Naders inability to hit any of his announced dates.
Since the 100M shares increase seems to be not avoidable, it would be interesting to have two proxy votes. The first for an increase of 100M shares. The second one for an increase of 100M shares connected with the resignation of Nader (after the found a new capable CEO).
Enough of this BS from Nader.
What do you think on which conditions the next Paulson financing round is based on? On the "should be" SP or on the average SP of the last weeks and months?
Oh well, I guess it does not matter since real financing (not Paulson) is just around the corner (who still believes this lie) and therefore SP does not matter. Right?
I did not expect an answer from you. Your answer to Lawman is conformation enough how blinded regarding Nader you are (for which reason ever).
Really, you are waiting how this will play out in the next few months and than you will "blow a more critical horn" if it does not work out as dreamed?
Spoiler Alert: If we have no nondilutive financing in the upcoming months, then we are pretty much toast. And if the cancer story also does not meet the very high expectations, then the dream bubble pops for good.
I do not know which companies or in which sector you played scout, but in my personal career and what I have observed, salaries, compensations, bonuses etc. are most of the time connected to success. And if you choose the SP as indicator (nothing else matters for the shareholders) of Naders success then you must come to the conclusion that he failed. Which makes his salary increase an even more outrageous slap in the face of each shareholder.
I will go immediately to my boss and ask for a hughe raise. I have negotiated a great project with a customer which maybe works out and could earn a lot of money, just the deal is not inked yet.
I am sure I will get the raise ....
Positive or even great news did not move the SP in the past for known reasons, so what? I guess you did not notice that yet?
I am sure there will be plenty of excuses for Nader presented here in the coming days if the Monday conference call results in the same SP action as in the past. Everything is splendid. Isn't it?
Well, at least this explains why Nader could not cut a deal regarding financing or a deal with BP. How can one negotiate with a guy which is so disrespectful and self serving, even to his own shareholders? I would like to know how he presented himself and the company in front of BP in the past. No wonder they gave him the cold shoulder.
Whatever they will present on monday, this action clearly gives an insight on Naders character. No wonder he was so excited over the last week, with this kind of raise in the pipeline ...
... but but we are near the finish line (for 2 years now, at least when you follow ihub), so everything NP does is justified...
This is the same nonsense like "the SP does not matter" BS which was claimed for quite a long time on ihub but in reality brought the company on the edge of failing.
His constant miss-estimation (golden quarter, numerous financing phrases (e.g. around the corner, financing no problem), constant over promising under delivering) does definitely not qualify him for this huge salary.
In my view it is even more outrageous if the post from trding is true (NP choose to squeeze out maximum money of cydy to save some taxes in a time we were financially on the edge)
Based on this huge step forward from the FDA, I am wondering how fast the BLA will be processed by the FDA
Of course Nader is smiling. His 83.000 USD paycheck secured, no skin in the game, the sharehders give a damn. He couldn't t care less about the detoriating conditions of this and the next financing.
Pestell might be a world class sientist, his wisdom regarding finance will be shown in the next few weeks/ months.
Before Pestell signed the deal with CYDY, the common understanding on ihub was "with him new financing will be easy, he sure has connections and so on". Well, this financing proofs the opposite, and I am wondering why they still have to make those conferences when Pestell is so we'll connected (easy money).
This financing shows once more, the market assumes CYDY as high risk.
...and when this new Investor story falls for whatever reason appart or gets delayed, then what? We wait for the next conference?
Someone raises some reasonable concerns about how the company is driving on the edge for far too long, but it is more important to calculate how much our on stock product is worth....
Yeah right some posters on ihub do move the SP constantly down. It is not like we have a CEO who over promise and under delivers like a clockwork for quite some time now. And what is even worse, it seems he is not able to learn from his mistakes.
Also the bombastic **** up with the announced up listing (and resulting reverse split assumptions) which sent the SP south does not add credibility to Nader. The shareholders never got an explanation for this stunt.
Nader may have some incredible abilities, but he is definitely the wrong guy at the CEO position at CYDY at this time. I cannot believe that the BOD let him run the Public Relation "department".