Cytodyn Inc (CYDY)

[justdafactss]

So Paulson DOES NOT validate proof of "accredited investors" right?

Hey Krish,
You can invest thru Paulson if you're an accredited investor. Minimum has been $25k....though not positive what the minimum is for this new round.

Accredited investor means you're net worth is at least $1 million of all assets, including retirement, but excluding your primary residence. OR that you made over $200k the past 2 years.

They do not validate your assets....you just have to say that you are worth over $1 million
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140997164

Blueheel,
You need to be an 'accredited' investor to participate in a private placement of CYDY shares and warrants with Paulson.
This means either making over $200k for 2 straight years and expect to make that this year or have at least $1 million in total assets excluding your primary residence.

Note that Paulson does NOT require any 'proof' that you're accredited (smile imoji)

The minimum amount had been $25k in the rounds I participated in back in 2015 and 2016. Not sure what it has been lately.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140756351

I knew a broker at Paulson that told me about CYDY. I did a few other deals with Paulson -- some were stinkers like CDX now called MYDX and Antriabio (though there is still some hope). A few better ones were Dermtech and Scilex.
You need to 'represent yourself' as an accredited investor to participate in a Private Placement deal with Paulson. You have to state that your net worth excluding primary residence is over $1 million (this includes retirement accounts) or that you made over $200k for the past 2 or 3 years.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146904569

This filing clearly states that no UN accredited investors have been sold shares right?

RIGHT?


https://www.sec.gov/Archives/edgar/data/1175680/000090571818000786/xslFormDX01/primary_doc.xml

SEC/FINRA, what say ye?