Replies to post #17141 on Cytodyn Inc (CYDY)

[Bored Lawyer]

You make good points and raise interesting questions from time to time, but it really strains your credibility to call this a "failed offering".

All CYDY did is raise $2.5M out of the possible announced $15M offering.

There was no indication in the 8k that the offering is closed (as CYDY previously announced for the prior offering, which it closed on 7/31/17).

I assume you would also complain if CYDY raised the whole $15M right now and potentially diluted current shareholders to an unnecessary extent.