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CytoDyn Inc CYDY
(Total Views: 503)
Posted On: 08/24/2019 9:41:35 PM
Post# of 154899
Posted By: sjacobs26
Re: ClosetInvestor #6629
Yes, IMO his reputation and those 8M shares are the primary reason for this lawsuit. If terminated ‘for cause’ CytoDyn has the option to buy those back for $.001/share. If he resigned, RP is entitled to those shares. Not sure if the vesting period comes into play, but RP knows those shares are worth 100s of millions and thus the reason for the lawsuit IMO. Maybe CytoDyn will settle with him down the road and at that point is still likely worth multiples of $1.3M listed in the lawsuit.













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Please do your own due diligence. All my posts and comments are not to be considered investment advice.



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