Cytodyn Inc (CYDY)

[JLA Ins]

That cost is significantly reduced by showing cash on hand. For example they may choose to show 3.25 million of cash on hand and purchase a surety bond of 3.25 million for 1-2% or even less because they are showing the collateral. I estimated 5-50k total cost of bond depending on how they skin the cat. Or they pay zero and show 6.5 mill collateral on hand. This is a nothing burger as I’ve said before.