Replies to post #201464 on Cytodyn Inc (CYDY)

[StealthGold]

Try as much as you can to put ice-cream on this steaming pile. NP was fired and hopefully without any additional compensation. Hopefully, God willing he will be sued to claw back undeserved compensation.
If not so be it and good riddance and looking forward to SEC/DOJ charges against him, bankruptcy and jail.

You minions will not stop it seems. lol

[justdafactss]

Hmmm, CYDY not even bothering to install an interim CEO.

Looks like a red flag to me.

NP fired and Kelly stepping down as chairman.

Looks like they both have some problems pending.

Why would Kelly need to step down from an executive position?

We'll know soon.

[creationtruth]

I like your comment Cindylou822

[HyGro]

NP was terminated for cause -- the COB and Sidley both saw what he was going to present at the cc and said that's it -- violates "company policy." The SEC and DOJ are investigating him for "false and misleading" statements about clinical trials and in regular discussions with Sidley and the new COB (a regulatory lawyer). New COB and Sidley saw what NP was going to say and said he needs to be terminated. The board also was instructed on their fiduciary obligations and the SEC/DOJ implications if the board allowed NP to communicate other "false and misleading" data. The Board has exposure to the SEC/DOJ if they do not police the CEO's behavior and they were not.

NP had to go as the first step to try to minimize the SEC/DOJ actions. Sidley and the new COB both knew that.

[3X Charm]

Nader helped himself with the sale of 4.2 million shares. The. Income to the company treasury was relatively nominal on Naders insider trading move. That spin that he sold $15m of market value shares to help the company Was not only illegal insider trading, the spin is complete BS!