Replies to post #213542 on Cytodyn Inc (CYDY)

[kgromax]

Conclusion: The disclosure last week was on a similar, but different, technical accounting issue, and has more significant ramifications on the financial statements. Hence the dramatic, "...no longer rely on our previous financial statements."

Thank you for that. Yes this is exactly what anybody can verify in the SEC filings: the new Cytodyn filing admits NEW ACCOUNTING ISSUES THAT WERE NEVER DISCLOSED BEFORE.

Hence why they have filed it - otherwise it makes no sense. This is basic logic. But in Cytodyn’s upside-down world where common sense is suppressed by insiders, basic logic is gold.
Pay attention to what insiders do, not to what they and their 11 paid stock pumping firms say.

What they did: post a new SEC filing to recognize new past accounting disclosure issues and try to legally protect themselves from their legal consequences.
What their stock pumping firms say: “this is good news as the house is bring cleaned up”, “it’s purely administrative”, etc… LOL

[theswordman]

The post # 213454 has some of the verbage from the K's

This is just nobody wanting to sign off on fraud now that mulholland left.
Same thing why there will be no big $$$ from amarex. Both cos participated in the kickback scheme of khazempour and pourhassan. CYDY shareholders made both crooks wealthy while being told for years--"Amawrecks they do fantastic job"

The OTC version of Skilling and Lay. Smartest guys in the room?? Well looking at who nodder let get invited into,the room. mulholland--kelly--naydenov. Not exactly the Manhattan Project lineup.

But as we see==and now the paid pumpers want to gloss over. The damage with the finances, the damage with the FDA, the damage with the SEC. The gift that keeps on giving.

But at some point the shareholders NEED to realize ; we are CYDY. Not the crooks in mngmt. Not the 11 paid PR firms that have infiltrated message boards. Just remember who harped for years w lies about FDA, lies about 13D, lies about Dr Patterson, lies about BLA will be easy fix and submitted, lies about new mngmt. Kelly that allowed this reign of fraud is still in the room. Ray who said he only wanted to stay if nodder was in charge--still being paid. Why is the new prez not CEO?? Why 6 mos "at will"?? Is this ANOTHER Seethamraju trick?? On board then pull the football after all shareholders vote??

Just ridiculous what longs have allowed. 200 million shares gone in 8 months with absolute zero accomplished while repeating minimal dilution. Now 350 million more shares with NOTHING spelled out. Not 1 trial being conducted while being happy about 7 year old safe sex monkey study and Dr Sacha getting funded. Dr kelly bragging about ANOTHER mouse study. 350 MILLION more shares for lawyers,mngmt, PR firms , fly kelly around to booze and shmooz at conventions. Not for real longs. Lets see the RTF. Lets see the acct fraud. Lets see why you need 350 million shares instead of 50 million more shares.

[d0lphint0m]

It took me many years to learn that the most important thing is how the market reacts to news. $CYDY did not react negatively to the 8k. It was the perfect opportunity for shorters/sellers to knock it down but it did not happen.
The difference between a bull market and bear market is: in a bear market stocks do not go up on good news and in a bull market stocks do not go down on bad news. $CYDY is in a bull market.