CYDY Dead In The Water
CYDY remains in a perilous position. I will outline how our lack of progress is moving the company closer to bankruptcy because of a CEO that can't manage a company to save his life.
FDA EUA
There was enough there to deny the EUA. While NEWS2 results are objective the FDA doesn't act on NEWS2. Based on the information provided to them there was not enough to justify CYDY getting an EUA.
Certainly there is enough there for Phase III trials. But for mild to moderate cases it takes a lot to get the FDA's attention. Nader knew this ahead of time and decided to hang the company's hat on the outcome anyways.
I will repeat that. Nader, as CEO, responsible for guiding the company to success willing selected an approach that he knew virtually had no positive outcome. He then touted the EUA, made it the focus of the company and wasted resources and time on a fool's errand.
UK: A Repetition In Failure
I can already tell you we will not receive approval from the UK. The UK has requested additional information, which happens to be our kryptonite. Nader is incapable of taking a task from start to finish.
We have witnessed the repeated behavior of Nader starting a task and falling apart right before completion. Nader has no idea what he is doing. He panics, promises and then hopes whatever regulatory agency he is dealing with gets frustrated and just does the work for him.
The UK and USA have strong regulatory agencies, and while subject to political pressures, they are immune to small time con artists like Nader. So his strategy of delay, confuse and deflect only works on investors.
Most telling is the fact Nader has not reported any updates with satisfying the UK's request for information or further communications with the UK.
Nader Is Not Taken Seriously By Anyone
It should be rather telling that Nader has to pay for appearances to talk about the company. It should be rather telling when share holders have to ask at conference calls "what can I do to get the word out?" The reason Nader is not taken seriously is because he fails to produce results, screams like an emotionally stunted man-child on conference calls, he consistently lies to shareholders while robbing them blind.
The only task Nader has completed is awarding himself more shares, and getting sued over it twice.
The 700mg data was never complied and studied.
During the last conference call if you listened to Amarex and Nader they stated that the never got the data together. The data that the FDA wanted months ago. The data needed for our HIV BLA.
If you actually look at Amarex it is a questionable one office outfit with a website made by a highs school graduate. With questionable anynonmous testimonials on it's front page.
As a result we sit dead in the water.
The fact is all these problems originate from one source. Nader. Unless you get rid of him, he will continue to drown the company in failure.
The arguments for CYDY to take off are no longer there. This has now become a 10 dollar stock tops.
Before anyone defends Nader. Just one question: Where is NASDAQ news?
NASDAQ is not that swamped and has more than enough people to accept or deny applications.
Nader has everyone believing that communications between major exchanges and government agencies is still done by quill and parchment.
Nader is holding onto information and not sharing.
