Cytodyn Inc (CYDY)

[Northstar42]

The Zoom call last night provided the answer for why Cytodyn chose to borrow from Fife when they had a been offered $50MM - $60MM from Bain Capital and another top tier IB to fund the cancer trials in 2019. The explanation could not be simpler, Fife would do the deal and allow Pourhassan to remain CEO. Bain and the other IB required that he change roles and bring in a CEO. Paulson offered to help with a referral to two other IBs, but was apparently ignored. The details of the informal BoD meeting where the above was discussed is reviewed in detail by Dr Errico during the Zoom call. Whether you support Nader Pourhassan's slate or not, you owe it to yourself to be informed. if you have not already done so, check out the Zoom call, . Additionally, there is a hypothetical "dialogue" between Cytodyn and Fife which is presented by Mr Wilmes detailing how the company was "fleeced". The "dialogue" would be entertaining if the content did not represent the outrageous waste of shareholders equity.