Cytodyn Inc (CYDY)

[Scooter McCabe]

Reality Check: DOJ And SEC Aren't Going Anywhere.

Insider Financial crafted one of the most laughable lies every put to print:

The DoJ targets bad actors with Revenues not developmental stage pharma companies. The DoJ follows the money.

The idea that not having revenue allows a company to skirt the law and avoid criminal liability is laughable. Case in point Theranos never had revenue and the DOJ absolutely crushed the CEO and company for wrong doing.

Here is a source: https://www.cnbc.com/2017/02/16/theranos-had-no-material-revenue-over-the-past-two-years-report-says.html

Then there is the lie that the SEC has "closed it's case" with that stupid letter with the big red letters "Case Closed" stamped on it. The 10K says it all the SEC is still investigating the company and at the time of filing nothing was concluded. Speaking of the filing which Insider Financial only partially quotes, let's include the rest of the statement from the 10K.

From page 126 regarding the DOJ and SEC investigations:

The Company is cooperating fully with these non-public, fact-finding investigations, and as of the date of this filing, the Company is unable to predict the ultimate outcome and cannot reasonably estimate the potential possible loss or range of loss, if any.

Now let's go through two big lies and fact check them as they should have been by an actual editor.

There has not been any intentional misstatement of fact that would result in a material action against CytoDyn. The DoJ investigation is more likely to shed more light on the short manipulation as a result of Citron’s and Adam Feuerstein’s actions.

We can prove there is in fact intentional misstatements from Nader's "Conditional EUA," the claims over why the HIV BLA was rejected, "Safe and Effective," "Revenue from the Philippines," promising timelines knowing they have never been hit and knowing they could not be hit. Nader has left behind a trail of lies that is lamented daily by investors.

Now let's look at Citron. Yeah the guy running that is a scumbag, no question. But the investigation for him and Citron would have happened much earlier. There would be announcements that Citron is under investigation, just like word came out that CYDY is under investigation. Adam Feuerstein is a journalist who's opinions are apparently heinous crimes to those who disagree with him. However there aren't material misstatements by him, just the knee jerk reactions to his tweets triggering overly sensitive investors.

The idea that Citron and Adam are the ones under investigation is a sad pipe dream. If they were CYDY would not have included language of facing possible financial damages from the investigation on page 126.

But if you want to see a journalist and their outfit under investigation it could very well be Insider Financial for those doozy:

A confidential source that has been in contact with Dr. Janet Woodcock stated that she interprets the sub-population as hypotheses generating

Would not surprise me if some intrepid individual brought this to the attention of regulators as apart of a stock pumping scheme. There is even the attack on the small local news outfit out of Oregon. Insider Financial can barely muster a sense of credibility when it claims "well they took it out of context after completely reading the document dur dur dur." Of course Insider Financial knows that article isn't credible, don't believe me read the disclaimer:

Disclosure: Insider Financial and its owners do not have a position in the stocks posted and have posted this article for free without editorial input. This article was written by a guest contributor and solely reflects his opinions.

Checkmate.