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gfp, the authorized share increase has been explained.

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ombowstring   Friday, 07/10/20 03:01:19 PM
Re: gfp927z post# 17550
Post # of 17679 
gfp, the authorized share increase has been explained. No longs in the know believe that 100,000,000 share dilution is ahead. Nader said that the company might sell 10 or 15 million shares for, I think, general administrative purposes, incentives for new hires, and maybe to raise some cash for the clinical trials that they are planning, but not at these levels. They might need some shares for a BP partner, also, but that is what I am thinking and has not been stated by the company to my knowledge.

They're advertising to hire two new people to deal with the SEC and NASDAQ -

https://www.cytodyn.com/careers/now-hiring

I guarantee you that the selloff is due to continuing short attacks. The fundamentals have not changed. The only problem would be if some bad news were to come out. A lot of people are scooping up more shares at these bargain-priced levels.

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