Replies to post #197707 on Cytodyn Inc (CYDY)

[justdafactss]

Naw, its starting to look expensive for CYDY otherwise they wouldve said they paid it already.

Might be a little tough/expensive to get a bond with all the Federal investigations and what nots.

Pretty sure CYDY could get a $70,000 second mortgage in a jiffy if things were that easy.

[JLA Ins]

That cost is significantly reduced by showing cash on hand. For example they may choose to show 3.25 million of cash on hand and purchase a surety bond of 3.25 million for 1-2% or even less because they are showing the collateral. I estimated 5-50k total cost of bond depending on how they skin the cat. Or they pay zero and show 6.5 mill collateral on hand. This is a nothing burger as I’ve said before.