Cytodyn Inc (CYDY)

[Black-Ops]

CYDY shareholders need a way to remember this. This is how I explained this in the 1970s.

Lets say the famous Mr. Nobody who some analysist claim is buying constantly owns 2,000,000 common shares and 1,000,000 warrants. Mr. Nobody votes 2,000,000 shares. The warrants issue was tossed in the cauldron to make it clear that Warts do not vote, just as Options do not vote.

Now lets deal with Mrs. Nobody. She is also often said to be the buyer on many down days. She owns 3,000,000 common. Mr. Nobody votes 2,000,000 and Mrs. Nobody votes 3,000,000.

A minor, under the age of 18 might own 1,000 common. In this case the Guardian votes the 1,000 common.

Meaning? This is not a democracy. One person one vote. A Large Common share owner with 100 X a small investor common have 100 X influence in business.

Lets say one shareholder owned 50.00001%. This is what the classic
definition of control person.


Mr. Nobody can only vote shares that CYDY has issued and are fully paid for.

To make this even more clear, the shares do not need the SEC Registration.

All fully paid for shares vote.

What about shares held in margin accounts and the shareholder has a debit balance? This Does not matter. The shares were fully paid for. CYDY delivered. The shares in this case we know the CYDY common shares are SEC Registered. The margin account shareholder votes whatever number of shares they own.

Can short sellers vote? No. They do not own the shares.