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ClosetInvestor

10/04/21 12:08 PM

#187670 RE: Northstar42 #187621

“IMO, the true inflection point was possible when Ziff and Bain, with Paulson's support, offered major investment banking funding, likely uplisting, and competent leadership. Regrettably, Nader Pourhassan rejected that support and chose Fife.”

IMO, NP will never relinquish his hold on CYDY unless he’s forcibly removed. Why? Because him and his Yes Men (SK and Jordan Naydenov, etc.) have gotten rich off CYDY for doing nothing. CYDY’s owes vendors money while CYDY makes on time, oversized payments to management and BOD members. Weird how that works.

NP’s proposed BOD slate is a bunch of other Yes Men (or women) who have already completed deals with NP/CYDY, which will lead CYDY down the same road: sky high management and BOD compensation and under funded trials. None of CYdY’s proposed BOD members will tell NP no.