Replies to post #149734 on Cytodyn Inc (CYDY)

[justdafactss]

Dumping- Yes. Illegal naked shorting- No---

No illegal attack on 6/30/20---

On June 29, 2020, the Company issued the note holder of the January 2019 Note 4,000,000 shares of common stock with a settlement value of $22.5 million. These shares were issued as settlement for a claim filed by the note holder against the Company alleging that the note holder was owed additional shares upon conversion of the note compared to the number of shares requested of the Company by the note holder upon conversion.
https://www.sec.gov/Archives/edgar/data/1175680/000119312520220598/d923315d10k.htm

Large 4M share dump sparked panic and plenty of sell stops...volume went crazy.

Pretty much explains who illegally match traded the stock up from $3 to $10...obvious it was negotiated beforehand the 4M shares would be given before the actual date the 4M shares were recieved and available to sell into the market.