Replies to post #184027 on Cytodyn Inc (CYDY)

[kgromax]

These are not guesstimates but numbers right out from Cytodyn's last 10K filing.

I have just summed them up.

For convenience, could you kindly indicate which one does not match the filing? If you don't agree with one could you correct it and indicate your rationale for that?

Until specifics are submitted these are UNCHALLENGED.

They indicate that Cytodyn is burning cash like crazy and hitting the bankruptcy wall as we speak.

----------------------------------------------------

In USD millions

Current liabilities on May 31st (last 10K filing)
152,5

Less cash available on May 31st
-33,9

Less prepaid liabilities on May 31st
-2,2

Less yearly operational cash flows on May 31st
117,6

Total = need for funds in following 12 months
234,0

Divided by 12 = Monthly estimated need for funds
19,5

[bluefish1]

For the year ended May 30, 2021, net cash used for operating activities was 117 million, which points to the figure of ~$10mil/month. The number would have had to be 240 million for cash burn to be $20 mil/month.

Net change in cash was +19 million.

I'd also LOVE to see where the $20mil/month is coming from. I have a good idea already, however. It involves a medical professional, is all I can say