Cytodyn Inc (CYDY)

[I_luv_cydy]

I can’t say for sure. My understanding is that Pestell ‘given’ those 7 million shares by CYDY and these shares were lumped in with the shares from previous Paulson rounds of financing. They did not separately file an S-3 just for the 7 million shares.
But this does NOT mean Pestell has an intent to sell. Prove that to us. All the investors listed in the S-3 will be getting their shares deposited into their brokerage that they paid for a while ago

All shares in the S-3 means that these shares will be registered and deposited into each person’s brokerage that would take these restricted shares (most brokerages do not take restricted OTC shares).