Cytodyn Inc (CYDY)

[HyGro]

Samsung has not been paid $13 mil that is past due, has another $22 mil due end of this month that CyDy can't pay. So CyDy is now a deadbeat to Samsung.

CyDy has spent two years touting their HIV commercial launch and failed to delivery, with great uncertainty of it happening in the foreseeable future. Not a very compelling prospect.

Foreign companies are not going to want to take on the pack of legal problems -- shareholder class action suit, activist shareholders, Amarex lawsuit, assorted other suits, SEC and DOJ investigation. Spending money to get legal troubles is never attractive and usually is a due diligence red flag.