Cytodyn Inc (CYDY)

[Scooter McCabe]

That would explain the shell game with the other companies. If they shift the IP to another company while CYDY holds the debt it sort of turns CYDY into a poison pill.

CYDY goes under. New company free of DOJ and SEC can fundraise. So the board inked this deal. Which raises a new question:

Did the board plan to oust Nader for a while now. If so was it apart of the DOJ and SEC. They may just want an example, Nader, and let CYDY either take a fine and dissolve or CYDY gets free and clear to issue it's shares provided Nader goes down with the company cooperating.

Now none of the board expect one person would know exactly how to do that...

The Board has elected Tanya Durkee Urbach, an independent director who has experience in corporate governance, corporate finance, business growth and securities litigation, compliance and regulatory issues, as Chairman of the Board.

Now this is where it gets interesting Tanya comes over from Paulson of all places.

https://www.bloomberg.com/profile/person/18687477

So if she is there for Paulson to protect it's money that means they are probably steering the CEO search. Which means the candidate will be external. That also means the board or parts of it will probably get overturned.

That will come in one of two flavors. New CEO and Tanya along with whoever doesn't want to lose their job ousts a few people Or Paulson makes a private offering and that private money comes with strings attached including shake ups at the board.

It explains why Kelly just simply get let go along with Nader. He signed on to play ball, stepped down with the wishes of Paulson, and will vote Team Paulson.

If Samsung announces a new deal on the debt or some sort of extension then that would be a strong sign of something like the above having happened.

Probably why the whole CYDY house didn't collapse. Nothing against the law about debtors making sure they can make their money back, moving assets between companies, and putting their people in charge.

In this case for Paulson, Fife and Samsung the only way out is through. Meaning you have to get something approved to make the money back. Why else bother, especially if you haven't seen the science data that would have been needed to justify the financing in the first place...