Cytodyn Inc (CYDY): Admitting insolvency is bankruptcy minus...

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Cytodyn Inc (CYDY)

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Re: moneycrew post# 215785

Saturday, 12/10/2022 11:45:40 AM

Saturday, December 10, 2022 11:45:40 AM

Admitting insolvency is bankruptcy minus the official filing right?

RIGHT?

Since our inception, we have been insolvent and have required debt and equity financing to maintain operations. We expect our debt service obligations and our need for additional funding to finance operations will cause additional substantial dilution to our existing stockholders and could adversely affect the trading price of our common stock.
https://www.sec.gov/Archives/edgar/data/1175680/000155837022013680/cydy-20220531x10k.htm

So NO "epic squeeze" correct? We'll file it's coming in the same basket as "just wait and see", "time will tell", "sit tight" and the rest of the rhetoric.

LOL! 30 cents a share...Carry on.

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