Cytodyn Inc (CYDY)

[Bored Lawyer]

Just to be clear for the board, Pestell was fired by CYDY's board of directors FOR CAUSE - he did not quit.

The current litigation relates to whether or not the for cause termination by CYDY was justified, and, consequently, whether or not CYDY has the right to buy back 8M shares from Pestell for around US $8,000.00.

It remains to be seen, once all of the facts come out, whether or not CYDY made a mistake in terminating Pestell's employment for cause.

Until that time, the reasonable thing to do is withhold judgment, because we do not have all of the facts.