Cytodyn Inc (CYDY)

[Saltz]

They are hoping to get a big bump in SP over the next couple of months by hitting milestones and releasing strong data. Also may be looking at a GVHD partnership. They want to uplist on the Nasdaq which means a $4 SP. They feel they have to get this opened up to institutions sooner than later. They believe with where they are in terms of a positive pipeline of news the SP will hold if they go ahead with a R/S.

Personally a R/S makes me nervous. On the other hand if I knew all the cards they are holding I might see it differently.