Cytodyn Inc (CYDY)

[Hold10]

NIH does a background check, cytodyn would fail.
the application process is insane. time consuming, voluminous, tricky, exhaustive.
and they look at EVERYTHING. a company cannot be facing insolvency or have past due debt.
cytodyn can not get NIH funding. you also don;t just apply for the heck of it. your application needs to be in response to a pre-existing FOA. what that means is if you want money for NASH, then the NIH needs to already have created an FOA that calls for applicants that plan to run specific types of NASH trials. all their programs are pre-funded and itemized. its the government.