"First fact. Proxy actions like this are expensive" compared to what--retail investors like you and me and 13D that use our own money to buy shares and then end up paying court costs and defending np for "unjust enrichment" trials --expensive like that??
Expensive like having to do and redo HIV trials because there is no understanding of tropism vs RO??--Get ready--there are more HIV trials coming before approval.
Expensive like paying salary for c suites year after year. You really find it necessary to have mulholland hang on?? He has bled our company for years. IF the c suite are dancing for awarded shares then they can take a good part of their salary in company shares. That will slow down the cash burn then np toxic loans for a while. Cash can be used to pay bills not salaries.I know the "board makes me" take my salary--but np can step up and decline his million +/year or use it to purchase open market shares. Invest in our company, just like you me and 13D. Lets all get skin in game and see how it goes instead of your fantasy "deduced the most likely action"
That makes sense! The 13D group obviously wants to see a return on this effort.
Getting access to cheap shares in future offerings seems to be a good way to do it. The 75,000 shares will vote against them. I’ll try to convince friends who have another 200,000 shares to vote no to them too.
…And Nader, the Pied Piper of CYDY will lead his minions off the cliff into BK. Would much rather see LL get a fair shot with good management and CYDY succeed. Time is the enemy of CYDY and there is no objective evidence that Cydy is any closer to approvals or that the company is in a “great position” to execute.
By the way, it looks like the initial plan of the 13d group is to elect an independent BOD and select a CEO with industry experience that can speak the same language as the people that regulate the industry in which CYDY participates. The only clear sentences from Nader are: “I need more money” and “ Revenue from Philippines next week”. One he tried to do at the expense of shareholders and the other was another lie.
What is Nader’s plan to overcome the deep divide he has created with he FDA…ignore it?
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