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Re: ClosetInvestor post# 149244

Sunday, 02/28/2021 12:20:50 PM

Sunday, February 28, 2021 12:20:50 PM

Post# of 233055
I for one actually see this in a positive light. They are not sitting idle and in fact looking at all sorts of possibilities to create awareness, bring new opportunities (as plan B, C, etc) and scale their business. And they are being open in their communication with the shareholders. You can argue this may not be a good strategy for a small biotech, but I wouldn’t label them as lying and scam. Hopefully, they will learn and get better in their communication and prioritization. Just look at the history of some of big companies and executives. They have often failed or not succeeded in their early attempts, but over time they come on top given their relentless pursuit of solving problems. Just go back and check the vision that Elon Musk set around a decade ago. Everyone thought he was nuts and he often didn’t deliver (and still doesn’t) on most timelines by a big margin, but he is solving real problems! And folks still don’t understand what the real play on Tesla is, which will be evident 5-10 yrs from now. And CYDY could be no different!
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