Dr. Been transcript July 4th, 2020:
"And after studying it very carefully, we went in that path, and CytoDyn was on the brink of bankruptcy when I got it. They had $2 in the account and they had bankruptcy papers filed. It was my wife who funded it and we got back on our feet over there and then.."
Cytodyn of New Mexico.
Chapter 11 bankruptcy on April 27, 2007 Bankruptcy Court District of New Mexico,Case number 07-11008, before Judge James Starzynski
Notes: When the Company filed for Chapter 11 protection, it listed $5,941,500 in total assets and $17,904,739 in total debt
U. S. TRUSTEE’S MOTION TO DISMISS COMES NOW the United States Trustee for the District of New Mexico and moves this Court to dismiss the above-captioned matter, and in support thereof, states as follows:
1. The Debtors filed their petition under Chapter 11 on April 26, 2007.
2. No plan has been confirmed in this case.
3. The Debtor is delinquent in the filing of monthly operating reports. The last report filed was for the month of February 2008. There has been no business operation in quite some time and there doesn’t appear to be any movement on the estate’s lawsuit against Maya, LLC the
proceeds of which were supposed to be the primary source of funds for the chapter 11 plan.
Cytodyn of New Mexico bankruptcy filing.
Not Cytodyn, inc..
Cytodyn, inc bought Cytolin from Cytodyn of Mexico.
Drug preceded Pro-140
Both companies are attached through Mr. Allen Allen.
Nader Pourhassan references Mr. Allen on various CC's.
Nader Pourhassan says his wife "funded it", when he took over Cytodyn,inc as COO.
Also stated they personally had very few funds.
Referenced himself & his wife saving Cytodyn, inc during a bankruptcy
filing, that was actually a filing by Cytodyn of New Mexico.
