Cytodyn Inc (CYDY)

[lorbas95]

Couldn't agree more. But we will get there. At least we will know where this is heading until end of this year at latest. What makes me more confident is that licensing and FILING of the prognostic test is now 1H. I refuse to believe they would have affirmed this if negotiations won't be closed till June.

Your point that (new) Paulson investors can minimise their risk while shareholders that have been on board much longer get to shoulder all the risk is very valid. If BOD or the CEO would care about this, they would find a way of having smaller or non-Paulson investors participate in the offerings. This clearly shows that they care little about current shareholders. For example, the Board Chair of Galectin, Richard Uihlein, has recently written a letter to shareholders of Galectin and offered everyone to participate in an offering that will be used to fund their PH3 in NASH. Unfortunately, I don't live in the US and don't have enough shares to make some impact on CYDY in person.

Also, it seems almost impossible that they didn't know that TNBC would take much longer than expected back then in February. They did this to pump the stock and try to lure new investors in. This is low-level management and verges on being unethical. My mistake was to build a full position without waiting for a PR and relying on Nader's words. But it isn't real till PR'ed. Rookie mistake, but now I will have to keep those shares anyway and add a small sum only AFTER they have a deal inked and PR'ed.