Replies to post #64668 on Cytodyn Inc (CYDY)

[justdafactss]

One thing for certain March 31, 2020

Is a MAJOR date-

The first Annual Forecast shall be provided by March 31, 2020. Any binding forecasts will be dependent on FDA approval of the Post Approval Submission for manufacturing at SBL. If the approval immediately above is delayed or does not occur, Client will not be liable for committed volume for 2021 and 2022

Quarterly Forecast.
1.
Each Quarter of the PSA term, Client shall provide to SBL a rolling eight (8) Quarter Forecast (the “Quarterly Forecast”) at least by thirty (30) days before the end of the then-current Quarter. The first Quarterly Forecast shall be provided by March 31, 2020

Lots of smoke and mirrors PR yet not a peep from NP about he March 31 date.

Kinda explains everything going on here IMO.