Cytodyn Inc (CYDY)

[woodenbear]

SJ. Welcome and thank you for your service. Your questions are spot on. This company has had an interesting path. I have been in investing and closing following this company since late 2016. It’s been a roller coaster along the way where at times I lost trust in management and like others lost hope In their ability to bring this wonder drug to the world. You can see that my experience has been shared with others even further back than me - just look back at the volatility in SP. The big dips as well as the slow gradual declines over the last 5 years have nothing to do with the drug or trial results, but mainly to do with what appeared to me and others at the time as gross mismanagement. For example, management was largely silent or at least somewhat cryptic during 2017 and early 2018 after missing multiple deadlines it set for itself without providing clear explanation. I know, I for one was furious with this situation and traded out of the stock for a while. However, in mid-2018 or so, management finally came out and provided clear explanations IMO for the limited communication prior to. This included very complex negotiations with FDA on both combo and mono trials, changes in GvHD protocol, and the partnering with RP to move into cancer. All of the provided responses were valid and extremely encouraging. However, I fear that so many people were burned by this company and chose to walk away and maybe never heard the explanations.

Also, the steady and significant dilution over the years has allowed some high net worth investors to continuously “rinse and repeat” aggregating large amounts of warrants and selling shares into the market for decent gains. You probably noticed many on this board bemoaning these investors as they do put consistent downward pressure on the SP. Admittedly, I am one of those investors as of about 6-8 months ago. I understand the board’s frustration with this approach but it bares no real and meaningful negative impact to the final value of the company. Anyway, that’s enough from me. I will repost a link that another posted today for you of an interview last week with NP where he is asked very similar questions as you do.

Welcome to the board. One last note, this board is very active, but unfortunately has a lot of fluff talk that really is IMO a waste of time. Like Vegas parties and such. There are many worth reading. I suggest just following those people to avoid the white noise. You can DM me for the list that I find valuable if you want.

http://www.moneytalkstation.com/category/broadcasts/