Cytodyn Inc (CYDY): No, cash burn is less than $10m per mont...

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JPG77

Re: kgromax post# 183963

Thursday, 09/16/2021 8:52:56 AM

Thursday, September 16, 2021 8:52:56 AM

No, cash burn is less than $10m per month. This is a well known fact. If they don't have shares to sell, then how did they just put up $22m of shares to sell?? lol

This was the underpinning of my bankruptcy prevision: a cash burn of $20 million a month (on average)

My comments are just my opinions and should NOT be taken as investment advice.

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