Cytodyn Inc (CYDY)

[BlackDoggie]

Grip,

I think it's important to keep in mind that even if a "deal" is announced imminently, it will very likely be in the form of an LOI. Much like the Prostagene acquisition, the deal would be announced well in advance of closing, allowing for due diligence by both parties, etc. So, for example, if a deal is announced on April 1, it may not close until July 1, which means the company doesn't get cash until July 1. Thus, in my opinion, the hand-wringing by some over recent - and potentially any future - small raises is overblown because they'll still need cash to get to a hypothetical deal closing. Small raises mean little or nothing in terms of the near-term prospects for a non-dilutive deal.

I'll be more concerned about the prospects for a near term deal if we see an ask for increased authorized shares. If that were to happen, I'd still believe in the company medium/long-term, but I'd have to resign myself to settling in for a potentially long and bumpy ride from here.