Replies to post #39043 on Cytodyn Inc (CYDY)

[BlackDoggie]

Just as a reminder, NP cannot increase his own salary. As a publicly traded company, that's the responsibility of the Compensation Committee of the Board of Directors, which is constituted completely of outside directors.

It's unbelievably wild speculation to state that "he knows no deal is coming" when he publicly stated just four days ago that they had submitted a counter offer in licensing negotiations. Frustration is fine - I think most here are or have been frustrated with management at times - but baseless statements like "he knows no deal is coming but his next salary increase" don't really improve the discourse around here.

[Northstar42]

Not a question of, is there a Deal, its just how good will it be and how soon? CYDY is not exactly negotiating from strength, but that could change. It has been my experience with M&A transactions that counter offers are usually met with some negotiating flexibility, in either price and/or term. An agreement is forged, if both parties really want to move forward together. Its clear CYDY needs a "deal" and whoever made the initial offer wants one. Usually the party that "wants" one is happier with the outcome than the party which "needs" one. The recent small capital raise gives CYDY a bit more time to strengthen its negotiation position. With that, as a long time (4 years) Shareholder and observer of the company, the waiting is frustrating, but compared to so many other biotech companies reporting trial failures, we are looking very promising.