Cytodyn is already bankrupting. When such events happen, fundamentals trump everything else and MAs and illegal stock promoters are stuck against "bankruptcy", "chapter 11", and "contractor lawsuit" headlines.
The time scale of this bankruptcy is too close to hope for anything else to save it. It will happen before any trial can reach interim. Because it is ALREADY happening right NOW: as Nader Pourhassan has revealed, their CRO is blocking release of their trial data due to a payment due that Cytodyn has not performed. Their CRO! The most critical contractor they have yet they could not pay it. They cannot work without their CRO. If they have not pay the CRO, other contractors will be revealed soon. The entire machine will be stopped in its track and die as creditors start fighting for the remains.
All the balance sheet & cash burn numbers confirm that this cash wall has been hit somewhere this summer. The last rounds of financing only cover a few past expenses, not all of them and nothing going forward. The implosion has started.
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