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IndexGuy

07/23/19 10:46 AM

#43785 RE: weasel6667 #43784

I don't think Paulson is out for good. That's just my opinion, but I don't know where else they can truly turn for more money. The BOD already re-upped with the TO, and the warrant holders made their decisions two months ago. Color me shocked if they actually have an investment bank ready to finance us until we have revenue.

Fortuno

07/23/19 10:51 AM

#43786 RE: weasel6667 #43784

Well, as you know money is very much needed and I prefer the TO alternative to new shares + warrants financing.

It is less dilutive for us, current shareholders, so that's a good thing.

No matter the outcome of this TO it will buy us time. Time in which a lot can happen. It's awfully silent regarding deals (maybe a good sign?). And every step we make increases the chance of a more successful next TO if necessary.

I think the TO makes very much sense if deals are not imminent (or maybe they are but it makes clear to the counterparties that Cydy will continue this way if necessary).