Cytodyn Inc (CYDY)

[Grip it and Sip It]

When our company was sold, on closing day all outstanding shares were purchased by the new company. I'm certain we shareholders would "vote" on the deal but with Pears 240 shares, we won't have much say. If it is GILD, you'd "lose" the shares and get the money.

Sometimes they have options to convert to stock in the new company. So if you owned 100k shares and sold for $4 share, you'd get $400k or you may have the option to acquire $400k of GILD stock, which is ~$60/share. You would do that if you believed CYDY would elevate their stock price in the future however GILD is so large that even if PRO140 was a game changer, its only part of GILD's portfolio. They could screw up elsewhere.

Take the money and run- find another stock like PRO140 that you can play with with some of your profits. Notice I said $4/share because I don't think we are worth more than that. That is already 8x's today's price. I'd take 8x's right now. Even for those who bought at $1, it's still 4x!! Not bad!

Fingers crossed

Frip