Cytodyn Inc (CYDY)

[eetrog]

Why is Richard Pestell with CYDY and not BP?

Would BP pay him as generously as CYDY does?
I know CEO won't get that nice paid seat in a buyout, so he likes the going alone ways for filling his accounts.

Richard Pestell's romantic story is like he approached CYDY?
No, it was Paulson who made the connection and in two of your CC's the CEO had to admit that now.

His lifetime 'whatever'?
Richard Pestell sold his company's assets for $14MM round about, a price nobody was willing to pay until there came Paulson + CYDY.

It is an old play book to overpay for some dead assets just to induce hope for the old shareholder community.
Paulson themselves stated that, they were in need of a new story.

How come you all can ignore this play book?

CYDY would be much better off concluding HIV and sell themselves for an OK amount to BP. But this is no more possible with given dilution.

Prostate diagnostic tests? Right, let's not talk about this anymore.

Now the Richard Pestell group has already started to sell shares as intended and stated in the S-3/A.
Others going for the exit door as well, 113MM shares total.

It will be a crowded trade when this become more clear, but then it will be too late to get a good price.