Cytodyn Inc (CYDY)

[gestalt2]

It looks like broker57 was right, a week ago they posted the nature of this raise. It’s nice that tony bought more but depressing that the shares and warrants are 1:1 and the shares sold at .50, much worse deal than in the past. I’m not sure how I feel about the 5 year maturity of the warrants either, it would be nice if warrant holders would excersize so capitol could be raised instead of issuing new warrants. That will only happen when the SP gets above $1. The gap between a multi billion product and the penny stock status of CYDY is widening.