Cytodyn Inc (CYDY)

[Saltz]

Forgive me Fortuno, but your survey is irrelevant because we are not going to be around in three years much less a year If Nader is not replaced. Without a change and a recovery plan we will be BK in less than one year and the SP will be zero.

Let me spell it out.

Successful CEO’s realize there strengths and weaknesses. They also understand the strengths and importance of those that make up the team because they understand that success is a team effort. The sum is greater than the individual parts.

We have a bully for a CEO that thinks he knows it all when in fact he is reckless and incompetent. If someone disagrees with his methodology and strategy they are eliminated.

How does that personality play out when negotiating. How does this type of ego and management style play out when sitting at the table with the intellect and experience of the scientists at say a Gilead. Our know it all CEO’s strategy is to use his vast HIV knowledge, vocabulary, and communication skills to educate Gilead on not only how HIV science works but the terms of the deal for his yet to be approved molecule. That makes for a short meeting with almost no chance of another shot. Duplicate this arrogance and ignorance a few more times and you acquire a reputation and a label. You are shut out because of your inability to articulate a powerful story and the science. Science cannot move without business savvy and packaging.

I am in no way a hater or a person that gets a rise out of attacking a CEO that is giving it his best shot. I’m a realist. My money is on the line and I want a fair shake.

IMHO it’s not going to happen unless some hard decisions are made.