Wow, great post Chuckles. Thanks for taking so much time and effort to not only dig into this but also for sharing. In fact, that same thanks goes out to all of you who are digging and sharing. This has been some very enlightening information that's been brought forward.
So...where did I leave off at...again....ah yes. We had established that 3rd party individuals and entities associated with CytoDyn were worthy of close inspection and the sharing of that information.
Well.. let me be the first to say that being overconfident can be a deathtrap... in the past I've gotten sloppy, made mistakes, and exposed my fallibilities... and my wife still won't stop reminding me about our first date...but back to FOIA letters...
Take the redacted FOIA Response letters that were passed around as a “scandalous SEC investigation” creating a serious level of concern from many people... This distortion campaign was seeming to work as two FOIA response letters wee being used on multiple occasions to call into question CytoDyn’s standing with the SEC.... I found them on Twitter if you hadn't already....
FOIA requests suggest CytoDyn $CYDY is under an active SEC investigation opened between May and September 2020: pic.twitter.com/mZPCpDIO2n
That would be three unique FOIA Response letters that I've found...interesting...there were three requests recorded in the SEC FOIA logs that can be found here:
Some investors may have even sold their stock based on that FUD campaign that still seems to be circulating....
Fortunately I and others identified the FOIA Requests could be researched and concluded these FOIA inquiries had been originally requested by hedge-fund managers known for questionable trading practices which debunked the “suggestion” of the FOIA letter being a SEC scandal into CytoDyn’s business practices...
Some may consider a FOIA inquiry by a short-seller to be a non-issue... which, on the surface, is a fair statement. But, when a redacted letter requested from the SEC by a hedge fund manager is passed around with the intent of distorting the truth about its origination, it becomes another story altogether IMO!
One can only imagine why the people who posted these documents on Twitter might be willing to do that... It could be as innocent as seeing it posted somewhere and sharing it with the intent of making people aware of its existence. Or, it could be as nefarious as the purposeful intent of manipulating CytoDyn’s underlying stock for personal gain. That’s where the term “securities fraud” comes into consideration... If someone was sloppy enough to enable a regular group of concerned investors to identify this misinformation campaign, what do you think the likelihood that the sloppiness of these same individuals will lead to a connection with this document when a forensic investigator starts tearing into the these findings? There was another example providing a link to a FOIA inquiry with other hedge fund yesterday... The plot is thickening...
I don’t believe individuals who feel their investments have been manipulated by questionable activities will simply forget about these transgressions...
Who knows where this will lead to when its all said and done??? I still have some of my own responses that I need to read and digest tonight but I already know some of the pieces of this tangled web are starting to find some clarity and a troubling picture is beginning to form....let me see if I can express it clearly for everyone to understand....stay tuned....