Replies to post #178696 on Cytodyn Inc (CYDY)

[Northstar42]

The 13D shareholders are not a party to the legal proceedings you referenced, so your musings are moot.

[mjbaker84]

Lol, the 13-d won’t be paying sh*t. Nader dug his own grave and it’s over for others paying for his mistakes.

[The Dark KnaDDir]

Couldn't Pestell fund the entire 13D lawsuit from the $7.6M cash windfall that he received because of Nada's screwup?

[Blane]

I’m no legal expert, but it does appear that the 13D will award themselves 3 Million dollars of the company’s money without a vote of shareholders if they ‘win’. Page 17, paragraph 2.

https://d1io3yog0oux5.cloudfront.net/sec/0001104659-21-104441/0001104659-21-104441.pdf?fbclid=IwAR34J85XlmCv4du6jl3mLaZ7rdtrq0kR707FFEKY1vdpIde7Zc5c3dKhbpQ

Other legal expenses I cannot speak of. I am no law expert, and I’m sure that Cytodyn would have to seek that reimbursement when the time comes. Whether they can or can’t, do or don’t is more a matter of time, and a matter out of my realm of knowledge.

All in my opinion of course.