Cytodyn Inc (CYDY)

[stockorus]

'This is not the way we raise money for shareholders. They don't deserve that.'

In retrospect, one has to note that [my understanding of how this often works in small-cap/OTC, could be wrong] the company could have and we can argue that it should have done an offering last year when the stock price shot up to $10. So many companies wait for such a moment, to dilute and raise money. I recall Cytodyn did not. We can say it was a bad/foolish financial decision of Nader, or they were too slow to do it before the short attack.

But the decision if taken as deliberate would support the above principle and conviction of the man. It may have been based on his determination that we can obtain financing based on stronger result-based news rather than on the backs of a flurry of new investors.