Replies to post #75771 on Cytodyn Inc (CYDY)

[Bored Lawyer]

An S-3 registers shares that were previously unregistered so that those shares are ABLE to be sold if the shareholder would like to do so. The "selling shareholders" listed are simply those shareholders whose shares are being registered and thus become ABLE to be sold.

CYDY had a contractual obligation to register shares that were previously issued under valid SEC exemptions from registration.

An S-3 is not a filing indicating that the "selling shareholders" listed in the S-3 INTEND TO OR WILL SELL.

I'm always happy to answer any questions you have regarding basic SEC filings....