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I_luv_cydy

04/07/23 11:12 PM

#219256 RE: I_luv_cydy #219255

Also, please explain why you’re calling this a ‘Paulson fraud ring’?
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kgromax

04/08/23 5:03 AM

#219258 RE: I_luv_cydy #219255

“Unless you are a private investor (e.g., on YMB), part of the Paulson fraud ring, who got shares at the 9c discounted price”

Please show us where private investors paid only 9 cents / share of CYDY.

This is simply not true


I agree, I have just checked the latest SEC forms, the private investors paid roughly 18 cents per equivalent share, which is 23 - 5:
23 cents paid per unit which is made of
a stock
+ a warrant whose value is around 5 cents (source: equivalent valuation of the warrants done by the company in its latest 10Q, I reran the valuation with the new warrant parameters and ended up with the same number as Cytodyn produced, roughly 5 cents)

18 cents is MUCH better than what the gullible public investors pay. But I agree, the spread still requires the private investors to PROMOTE THE STOCK THE BEST THEY CAN, including LYING ABOUT FAKE OPPORTUNITIES THAT WILL NEVER MATERIALIZE.
And 5 cents of value are trapped in a warrant which requires the stock price to exceed 50 cents, LOTS OF LIES NEEDED TO GET THERE.

As a side note, what's funny is that 18 cents a share is not the cash that the company gets for all this MASSIVE DILUTION. The company gets much less, as Paulson is paid a huge amount of fees. Speaks volume about the inability of the company to get good quality funding. They have to deal with the bottom of the trash.
Bearish
Bearish