(Total Views: 554)
Posted On: 05/04/2020 11:41:09 PM
Post# of 153887
DJKnows wrote
The issue some people are having difficulty understanding is why he sold All 4.8 million shares after exercising the warrants. He told us that he exercised his warrants to fund the Samsung deal and he would have needed to sell some shares to fund that. He would also need to sell some shares to cover the taxes. But some people don’t understand why he would sell that many extra shares if he believes the company is going to be worth “high triple digits” in the future.
If I am reading form 4 correctly he now owns less than a million shares. That means that several people on this board now own more shares of CytoDyn than the CEO which is crazy.
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I don't get it... why is anyone questioning what Dr. Pourhassan has done...
The issue some people are having difficulty understanding is why he sold All 4.8 million shares after exercising the warrants. He told us that he exercised his warrants to fund the Samsung deal and he would have needed to sell some shares to fund that. He would also need to sell some shares to cover the taxes. But some people don’t understand why he would sell that many extra shares if he believes the company is going to be worth “high triple digits” in the future.
If I am reading form 4 correctly he now owns less than a million shares. That means that several people on this board now own more shares of CytoDyn than the CEO which is crazy.
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