Cytodyn Inc (CYDY)

[Saltz]

That pathway is much longer and riskier. I think Nader is thinking he can commercialize this on his own and bypass BP and that is where I disagree. He can’t raise enough money to fulfill his short term promises much less commercialize. He also lacks the experience and skill set. Talk about uncharted waters.

I understand Pestell’s agenda with his Cancer Baby. His best pathway is to go for the buyout on HIV and go with the buyout company and develop his passion. We will get a higher value on the buyout and Pestell will get all kinds of incentives. Trying to go it alone is a mistake IMO. If Nader comes through with $100M upfront I’ll change my tune. We are being stymied because of financing, meanwhile the clock is ticking.

Understand Nader knows how to tell shareholders what they want to hear. Take a look at the reality of his pathway without $. Future Paulson raises are drying up while choking the SP.

It’s time to get real and that means clarity in terms of the pathway Nader is pitching and the reality of accomplishing the extreme valuations he is tossing around. BP is laughing at his expectations because we are basing valuations on mice models.

No money no progress. Big talking, big expectations. Nader needs to deliver and now.