Cytodyn Inc (CYDY)

[Northstar42]

That's about right, Nader turned down Bain Capital and another IB so that he could keep his job as CEO. BTW, according to Dr. Errico, Nader Pourhassan was going to be "taken care of" with a less visible position if he chose to remain in the company. It wasn't as if they were going to put him on the street. The IBs did not believe that Nader Pourhassan could continue to be the "face of the company" and expect institutional support and/or uplisting which was required to secure funding at a market rate. Dr. Errico went on to say that after the IB representatives left, Nader took the seat of one of them and proceeded to mock them. Can you imagine the benefit to the shareholders if it was announced that two highly respected IBs were funding the cancer trials? Wow, talk about missed opportunities!