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Re: Volcano post# 71030

Saturday, 04/25/2020 1:50:49 PM

Saturday, April 25, 2020 1:50:49 PM

Post# of 233352
Yup, as of 4/24/20 a $1,574,705,711 market cap on a company with no revenues
https://www.otcmarkets.com/stock/CYDY/security

And a Accumulated Deficit of $296,683,031

And this-

On March 31, 2020, we entered into a long-term convertible note, which is secured by all of our assets, except for our intellectual property, and also includes certain restrictive provisions, such as a limitation on additional indebtedness and future dilutive issuances of securities, any of which could impair our ability to raise additional capital on acceptable terms and conditions, if at all. Any other third-party funding arrangements could require the Company to relinquish valuable rights. The Company may require additional capital beyond currently anticipated needs. Additional capital, if available, may not be available on reasonable or non-dilutive terms. Please refer to the matters discussed in Item 1A “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended May 31, 2019.
https://www.sec.gov/Archives/edgar/data/1175680/000119312520102675/d859184d10q.htm
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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