You'll not get a response, as that is the question which they're unable to answer, or won't answer. In at least one Fife note, CYDY retired the note at 10:1 note to stock. In others it was 3 or 4 to one.
They exchanged a $21 million note for 2.1 million shares in January. The S-3 is 1/15/21.
I fail to see how that's bad for CYDY in any way. I'd like you to go back and check, and let me know what you see when you read that.
All this talk about they only go so much per dollar, etc. What is that even about? Do they think there's nobody anywhere that can read financial statements and SEC disclosures? Not being facetious at all.
Welcome your comments, Bill.
And, before anybody responds with dilution, or IB...or whatever else, I'm talking about what occurred, according to the documents. Not what should have happened, or might have happened. Where's proof that this meeting took place about investment banks and funding, replacing NP, etc? I'd love to see it.