Replies to post #36870 on Cytodyn Inc (CYDY)

[penniestodimes]

I agree, and by publicly stating they have an offer, this could entice other BP’s on the fence to jump and throw their hat into the ring. I would prefer that management doesn’t rush this decision. First, making a bad deal will affect us financially from here on out (at least on the HIV and GvHD bottom line). Secondly, by throughly reviewing the offer and or countering, it gives us the opportunity to receive other offers which could include better terms.

I wouldn’t expect a deal to be announced in the near term. This is a lot larger deal than the Prostagene acquisition, it will take time to iron out all of the details. If a deal is agreed upon, my bet is it will be at least 3 months out. Very exciting nonetheless!