InvestorsHub Logo
Followers 63
Posts 10788
Boards Moderated 0
Alias Born 11/10/2014

Re: bwolfy2002 post# 80084

Monday, 05/25/2020 11:55:01 AM

Monday, May 25, 2020 11:55:01 AM

Post# of 232143
Fact vs opinion:
What they have is $41million debt.
What they don't have is sales.

One is real and the other is hoped for. To get hope to actual sufficient sales to cover it assumes approvals, instant orders and no one else beating them to the punch.
Otherwise 1 or 2 things happens:
1) It doesn't get approved or is delayed due to the time getting it
2) They dilute ad nauseum to avoid being stamped " a non-going concern".

It may be harder now than ever to sell shares due to the multiple lawsuits they're facing by shareholders and for possible fraud. That's hanging over them along with the possible Wells Notice from the SEC who may find evidence sufficient to investigate for fraud.
In any case the path for CYDY is not as rosy as some believe.

How can CYDY service the debt
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CYDY News