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Re: None

Saturday, 05/04/2024 2:54:05 PM

Saturday, May 04, 2024 2:54:05 PM

Post# of 233200
the one potential catalyst (at least on the near / intermediate horizon) is a potential settlement from Amarex. It's something the company clearly needs, to halt the cycle of raising funds at ever decreasing share prices - obviously that can't continue forever, and There has already been substantial dilution, so this needs to stop.

One the one hand, Amarex clearly defaulted on their duties, and caused damage to CytoDyn. Any reasonable settlement would be signficant in our favor. On the other hand, does Amarex even has the resources to pay? Clearly their company is a mess, and I wonder if they even have the solvency to make a big payment?

At the very least, Lalezari needs to communicate something to shareholders. But - if he really wants to make a statement, and project confidence - he should BUY SHARES IN THE OPEN MARKET and join the shareholders who have lost so much money over the years. Because, at under $.15, if he doesn't think this is deep value and a home run investment, we're screwed. But if he steps up and buys a decent chunk, that's the strongest statement he can make that this company will survive, and move on to a higher SP at some point. To be clear, it's perfectly legal, and CEOs buy stock in their own companies all the time. They just have to adhere to certain windows of trading.

Come on Jay - what are you waiting for?!?
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