Another misleading CYDY rumor.
Nader is smart to constantly misdirect because if the focus is on him he is done.
There was never a dispute CYDY asked for a sale price for INcellDx. It is amazing how Nader et al, continue to mislead shareholders on all matters.
The IncellDx valuation was determined to be $150 million as a base price by a third party advisor. If the joint companies AFTER ACQUISITION, hit predetermined benchmarks, the payment would be higher and possibly up to $350 million, but only for achievements.
Amazing that desperate Nader would produce such a misleading PR claiming that the price was $350 million, after having to settle his suit because he was advised he would lose.
The unsolicited IncellDx proposal is like so many professional ball player contracts where if you throw 40 touchdowns or win so many games you get a bonus.
Top money for IncellDx only for success.
It’s funny Nader would call out an “earn out “ contract. I guess he doesn’t understand the “ earn out” concept, since he has been bonused millions for failure and achieving absolutely nothing.
This PR today is exactly why Nader needs to go. He lies and misleads shareholders even when there is no reason to.
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