Replies to post #213863 on Cytodyn Inc (CYDY)

[moneycrew]

The 10K period was for May 2022- it's now mid August- watch Cytodyn drop the ultimate bomb. No one knows what has happened since then, partnership? Tick tock

[The Dark KnaDDir]

Yeah right. "May" is just the company covering itself from legal liability. When has the company ever delivered on any of its "may", "possibly", etc statements?

[theswordman]

The Company also concluded that approximately $29.1 million, comprised of five batches of drug product, out of total of nine manufactured, is likely to expire prior to the anticipated date the product may be approved for commercialization. Additionally, the Company anticipates that approximately $34.2 million of the drug product comprising of the remaining four manufactured batches, with shelf-lives lasting into 2026, may expire prior to receiving approval for commercialization. The Company wrote off the entire remaining balance of the drug product, in the amount of $63.3 million, as of May 31, 2022.

$ 29.1 million +$ 34.2 million ===>>> $$ 63.3 million

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