Cytodyn Inc (CYDY)

[Birddogfishman]

From Yahoo.

Let's talk about Drs. Errico and Staats for a moment. These are two of the 13D nominees for the BoD. They are founders of a firm called ElectroCore, which IPO'd several years back, at an SP of about $20. Errico sits on that company's board, while Staats is that company's CMO. The price of that company currently is $1.15. A nice 90%+ drop. Ouch.

It gets better. Just a couple days ago, the did a massively dilutive equity raise at a ridiculous 32% discount to the SP on the day of the offering. Article below.

So I ask you: Is this the kind of help that CytoDyn needs? Are you up for this kind of "leadership"? Are you up for some massive dilution and value destruction? Didn't think so. Vote no on the proxy. Unless you don't like money.

https://www.benzinga.com/general/biotech/21/06/21789369/electrocore-stock-dives-on-18m-equity-raise-issued-at-deep-discount-of-32