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HyGro

02/23/22 12:36 AM

#204375 RE: Bill_ENG #204369

This is the SEC/DOJ pressure on Cytodyn. The new COB and Sidley know the SEC/DOJ have NP as the prime target of their investigation. They knew NP was going to get booted, so they threw him under the bus to appease the Feds. Also demoted SK as he was also a target. With the expanded investigation it will take awhile for them to conclude the investigation, but NP had to go sooner rather than later. He was continuing to commit violations and make things worse for the company (mTNBC, investor relations vendors added to the investigation).

BP has nothing to do with the SEC/DOJ investigations -- NP earned them and now the company and the shareholders are going to suffer from his behavior.