SCAM ALERT CYDY A DO NOT BUY
Here is a quick run down on this Penny Stock scam company CYDY.
1. Corrupt CEO.
Nader "The Chipped Tooth Liar" Pourhassan was recently rebuked by the Delaware Courts for his "unmitigated greed" in a suit brought by angry investors regarding his ridiculous compensation awards despite poor performance. But that's merely the tip of the iceberg for this man, or Federal Inmate 54850-053 as he is better known.
Nader has a long criminal history ranging from bank fraud, domestic violence, unjust enrichment, art fraud. In each of these instances he had a certain Modus Operandi, "Rules For Thee, But Not For Me." Nader's toxic mix of ego, incompetence, and mental imbalances creates the worst of career criminals.
Recently his actions have gained the attention of the DOJ and SEC. The last two 10Qs reported by the company show a deepening investigation into him and the officers of the company. The investigation has also expanded into all potential clinical applications of the company's one drug Leronlimab.
2. Massive Exponential Debt.
CYDY currently owes over 600 billion in debt, with a market cap of just about 1 billion, the company is well underwater. The debt is broken down into toxic financing, promises to warrant holders, debt owed to companies like Aramex for services rendered. Of course there is also the generous compensation packages for the executives, and the money paid out for promotional services. Currently there is no revenue and none of the applications for the drug have been approved due to a lack of solid clinical results, or in the case of HIV an intentionally complete BLA.
That's right, Nader "The Chipped Tooth Liar" Pourhassan told Amarex to file an incomplete BLA. Why? In his own words in a email seized in discovery at the Amarex trial "it was to stop the share price from failling."
3. Low Share Price And Way Too Many Shares.
CYDY still has yet to dump 200,000,000 million shares on the market, or for that dump to be priced in. Current share price is .69. The math is grim and means CYDY won't be able to cover debts. In effect CYDY has created an Iron Ceiling preventing the share price from rising.
4. Zero Clinical Success For COVID.
Read the PRs and compare it to the clinical results.
5. Stock Scam Cult.
Visit any of the Reddit Subreddits about CYDY and be prepared to see conspiracy theories rivaling anti-vaxxer lies, Trump election fraud claims, and Bigfoot sightings. You can't make up the utter insanity there. These are the people that digitally attacked the FDA prompting a stern repsonse.
In the end CYDY is the grave of hubris.
