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The actions of Nader and Scott dumping their shares when it was priced at a measly $3 and change in 2020 should've informed the lololongs what the insiders thought about the wonder drug. They didn't wait for any buyouts or the price to rise to $100, no they sold out for chump change. But the longs believed Nader's bullshit about selling shares to save the company. If that were the case the company would have had to disclose that in the filings, but of course it never did because the company didn't receive a cent from Nader enriching himself!
but but Jay Lala is such a good guy and honest man that is why he came back to captain this shipwreck, not to collect on the $400K owed his company for past services rendered.
Indeed the language in the SEC filings would have disappeared like the FDA warning on the website did after those issues were resolved. Ergo, the investigations are still ongoing. If they had been wrapped up in CYDY's favor you can bet Tanya or Jay Lala would have PR'd it ASAP.
Looks like your price prediction of 10 cents or lower by July 1 is spot on! Those warrant holders just made a nice sum the last month.
Cydyrus promised a big year of catalysts in 2023. All I recall from that year is him having a health scare and taking time off, demoted, some drama of whether he had left cydy for an east coast biotech, and some tall tales on his linkedin.
Jonah leave them monkeys alone! They'll probably announce another study with Joanah and his monkeys a
day or two before the patent expires in an attempt to excite the lololongs.
Did Tyler Blok practice law at another law firm (as a lawyer, not as a paralegal) before working at Cytodyn?
$135M market cap for this is ridiculous. A molecule invented in 1998 that is about to go off patent in exactly 1
month, zero FDA approvals, running no human clinical trials, and close to zero cash in the bank. Put a fork in
it, actually the November Amarex arbitration will do that. They can't even pay the syringe vendor!
0.1382 for a life saving molecule (whose patent expires in 30 some days). Why isn't big pharma or Bill Gates paying billions for this at this value price?!
Nadar and Scott were dumping them as fast as possible when it hit $3. Even they couldn't believe their dumb fortune. Though they were probably miffed ole Mikey "mY Wife Iz Dying" Mully dumped his shares at $6 a few months later. Oddly enough, Nadar got charged with insider trading while Scott didn't even though their transactions were in the same time period as the bogus "da HIV BLA is completely submitted!" fiasco.
If "the big boys want it" they can wait until June 1, 2024 when it goes off patent and get it for free without the deadweight that is cydy.
Will the felon end up at Leavenworth or Attica? For those that dismiss his prior felonies, did his ex-wife have a restraining order against him? Did he used to beat her?
"Structured Settlement" talks means CYDY will be paying Amarex, not the other way around like the lololongs think. CYDY management is very scared about the likely bankruptcy.
Magic Mike gave a bs excuse of selling da shares to save da wife! I suspect he has cut a deal to testify against Nadir and Kazem.
lol 82% nonsense again. FDA took the unprecedented step to disprove this data dredging 82% nonsense that Nader and Cytodyn tried to bs with.
My main concern is the question posed in the tweet. You didn't say a word when Nader, Scott, et al were draining the coffers and act now like you were anti Nader.
"CYDY management earned $1.594M for 3 months - for what?"
Good tweet that lays out the grim reality here.
"CYDY management earned 1.594m$ for 3 months - for what?"
Big salaries zero results
Congrats longs, an FDA hold was lifted and the company isn't bankrupt. What achievements!
Scott Kelly, Nader Pourhassan, Nithya Ray, Mike Mulholland, John Fife, and David Faribanks Welch are all laughing their ass off while cashing checks or having cashed checks. When told the longs actually believe this drugs works, those gentlemen all started laughing hysterically.
The death spiral commences with the June 1 patent cliff providing jet fuel to it.
When's the 10Q due? Interested in seeing the (lack of) cash position in this.
Did he or did he not have a restraining order filed against him by his ex-wife?
Really should be a 3x convicted felon who got off on a technicality. Anyone who bought his dreamcatchers got ones made by Vietnamese laborers who were overseen by a native american. Bottom line is they were not made by Native Americans like he claimed and his cheap dreamcatchers were taking away business from legit Native American businesses. Its like if I claimed I was selling handmade Iranian rugs, but they were made by Mexicans with Nader as their factory foreman.
Besides you and me and a few others, no one here ever complained or questioned why an unqualified, twice convicted felon was pulling in $10M in comp a year and his crony board of director members were pulling in $1M+ in comp. They were earning more than Nike board members and were the highest paid among publicly traded companies in the Pacfic Northwest. They drained the company's treasury with their bloated comp packages and hence why the company can't afford to run clinical trials now and spends more money on legal fees than on running trials.
The facebook mod was being paid by Nadir to spy on the 13D group and report back to him right?
How will this affect CYDY? Nothing will come of it. NP will still go to prison.
Stats 101: How to confuse novice retail biotech, taught by Dr. Poorhussain out of Leavenworth FCI? "3200% better" vs "82%" which was a better lie will be the topic of class 1.
Same wishy washy bs language as per usual in the latest 8K. Why not be specific?:
The Company BELIEVES it currently has enough drug product and substance to complete its CONTEMPLATED clinical activity and will be transitioning the aforementioned services to one, or several, of its CURRENT SERVICE PROVIDERS
Does contemplated clinical activity = condeeeetional EUA? Does Google translator now do Nodderspeak? haha. These lolololongs will fall for anything, and management knows it. Anything to keep the outsized paychecks coming in a bit longer.
Less than 2 months untl the molecule patent expires. Will Lalezarri still be around on that date or will he pull the ripcord? Also, poor Cyrus scanning through linkedIn always. Does cydy pay for linkedin premium for him?
Just like Cyrus, Mahboob, Reckner, etc. They were all "rock stars", "new sheriff in town".....until they weren't.
What did the last here Cyrus "the virus" achieve? Did he meet any of the goals he touted for 2023?
Less than 2 months to go until the foundational molecule patent expires and any company out there can work with this drug, just like any company out there can work with aspirin, penicillin, atorvastatin, and countless other generics whose molecule patent has expired.
Biggest mistake Nader made was not applying for any HIV research grants. Free money was out there and the fact he didn't bother should have been flashing red lights. I mentioned this when he was CEO. I knew then the reason he didn't was that doing so would invite outside, impartial eyes to look into what he was doing and any neutral observer would have thrown him and his outlandish comp package to the curb.
What about statements regarding the mysterious "AI" partner who's working on a long lasting version of the miracle 90's mab?
Very mysterious indeed when every company is shouting from the rooftops the names of their AI partners since this is such a hot topic right now, CYDY chooses to keep it a mystery.
Can you believe he actually is on the management team of a biotech pennystock?! It is VERY interesting that miss you also posts on that stock's forum!
penny stock dreams
The Iranian angle is interesting, as in why are so many involved in this company? Pourhassan, Kazempour, Lalezari, Arman, and probably some of the wealthy private investors. Why does an Iranian always seem to be the leader of this company?
Why would any company chose to partner with Cytodyn when the molecule patent expires in 2 months and companies can formulate around any existing CYDY patent?
That strategy is working wonderfully for CYDY management who wouldn't be able to continuing drawing outsized comp packages if not for it!
Yes they can start then, but to say that CYDY would be years ahead of them would be false. For example, if they decided to start pursuing the indication for inflammation they would have the resources to get ahead of cash poor CYDY who doesn't have the money to run clinical trials or even hire a CRO. Also, this is assuming any new entrant would not have experience with CCR5 inhibitors when generic Maraviroc has been available for a while now and they could have been using that for any existing research.
A whole lot of word salad! Any experienced IP attorney at a top law firm hired by a biotech would run circles around cipher Tyler Blok. The fact of the matter is the foundational molecule patent expires on June 1, 2024 (62 days away) and after that any company can easily design around any of Cytodyn's exisiting formulation patents.