Cytodyn Inc (CYDY)

[lorbas95]

I have just re-listened to the ProActive-Investors video and some of the statements there are not easy to reconcile with each other:

"We like to have 100m which represents the maximum dilution we believe we will bring to the company before revenue, IF we were doing all-dilutive financing, which I don't believe we will be doing..."

"...But I hope the shareholders realise that getting the 100m authorised is just to have those shares in the case something profitable comes along the way that requires shares"

This means we need the shares if we go alone AND we will only use the shares to acquire? something profitable if the opportunity arises, which is somewhat illogical.