Cytodyn Inc (CYDY)

[dude iligence]

Non dilutive 10% convertible note which can be converted into stock secured by the companies entire assets. Hmmm sounds toxicly dilutive. The interest likely can be converted into discounted shares as well. How else would they pay it, with another convertible note. Sit on the note and collect 1.5 mil in shares every year to sell into the already bloated 400 plus mil float. The share structure on this is like a 400lb fat boy trying to run up hill. This is going to trade whipsaw fashion as long as it's in the news.