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CytoDyn Inc CYDY
(Total Views: 462)
Posted On: 09/14/2019 5:33:01 PM
Post# of 156762
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Posted By: trding
Re: Fortuno #8110
Here was NP's talk on funding. I assumed it would be dilutive, but he didn't say. Maybe not. Either way Cytodyn is close to breaking the fundraising cyle using shares that brought us to 40c, which will be great to see gone. What does it take to get to the end of the year? Maybe 10M-15M. I guess depending on if they can just down the mono investigatory trial after the mono pivotal approval, which is by far casing the biggest cash burn right now.

30:03 We have secured funding to get to the end
30:07 of the year. We don't have the funding
30:09 but we have secured from the people
30:11 that will be funding us and that I'm
30:14 hoping to get it done next week to stop
30:16 all this bleeding that we get from
30:17 people who sell their shares, keep
30:19 there warrants. That is why this stock
30:21 is always hurting













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