Cytodyn Inc (CYDY)

[nt2innovate]

Any thoughts on why April 17th? Are R/S usually announced a month in advance? I believe that the consensus seemed to be that if the reverse split should be accompanied by good data, that may keep the shorts at bay and give institutional investors a chance to buy on a better exchange. Of course without additional strong data, that would probably be too risky. Since management has been sitting on the R/S idea for awhile, whats the impetus for this date besides additional data release> If data will be released soon, why not announce the R/S after the data release?

Any significance to Nader and Mike accquiring and selling some shares recently? If they are expecting great data, why wouldn't they hold all of their shares. I assume they still have millions in options and so they they might just be covering themselves for either scenario?