Replies to post #205932 on Cytodyn Inc (CYDY)

[moneycrew]

How do you figure? And, you're wrong. Welch could have an separate agreement in place with a potential partner or buyer

[JPG77]

Zero logic in your statement. Potential partners do NOT fund potential acquisitions during ongoing negotiations. What Welch provided is commonly referred to as a "bridge" loan. Obviously, the bridge loan will immediately be paid off while the ink is drying. Welch wanted collateral because a deal isn't a deal until it's signed.

If a partner or potential buyer were funding CYDY, management wouldn’t have needed to put the IP up for a $6.5 bond via Welch.