Cytodyn Inc (CYDY)

[jimmy667]

CYTODYN WAS NEVER THE TARGET OF THE INVESTIGATION. Do you read the SEC filing document that you think says that "CytoDyn is under investigation "? Because that is NOT what it says. It says CytoDyn was served Subpoenas in an investigation. No information on who was being investigated. The statements that clearly must confuse you and others is the SEC required statement written by CytoDyn securities lawyers that Management do not know if there will be any liability on the company or not. CytoDyn management likely has a good idea of what is being investigated by what the FBI subpoena asked for but by law they can not disclose as it would jeopardize an ongoing investigation.
What "WE" and by "WE" I mean those of us the actually read the SEC filings and have the experience to comprehend them near certainly KNOW is that CytoDyn is NOT the target of the investigation as the SEC subsequently ruled a CytoDyn Prospectus as effective and issued a S-3. Even newbie or casual investors should know that the SEC would not allow a Company to sell stock when they are under investigation.