Replies to post #48795 on Cytodyn Inc (CYDY)

[finesand]

weasel, good convo.

But then the BOD lost quite a bit of ownership via RP's addition.

Otherwise you are correct that they at least countered the dilution
and hence balanced out the paper loss.
But mostly via lending money to CYDY, i.e. the notes and interest paid in shares AFAIK. Only then comes the BOD compensation.

So I would say, BOD did not really profit, but they were allowed to stay whole - if you deduct the RP dilution.
This is why it is quite weird that only one BOD member tried to keep RP as an asset - they all should have. But in the end, they all voted for NP.