InvestorsHub Logo
icon url

kgromax

09/17/21 3:42 AM

#184156 RE: misiu143 #184081

Misiu, Cytodyn is going bankrupt.


if we have to , we will authorize bigger AS.,



The issue there is NOT the board authorizing a bigger AS but getting the approval from the SEC: to increase the cap on its issuable shares, Cytodyn has filed a S/3 form in March. The SEC usually takes around 10 days to declare such forms "effective". However here we are 6 MONTHS AFTER yet the SEC has blocked this. There are no ways to bypass them. The company is rushing toward bankruptcy becauze it cannot increase its cap.

These are the facts, not opinions.


What this person failed to include is how many lives this drug saved already , how many people know about it , including BP,



This drug has failed all its past COVID trials. There are no PUBLIC PROOF that it has an effect beyond the placebo effect. The FDA has even WRITTEN A MEMO reminding to the general public that it doesn't work against COVID.