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Posted On: 07/31/2020 1:08:50 PM
Post# of 153965
With regardS to the financing, do we know who had enough faith to let go of 28.5 million bucks?
I listened to the call with a friend and neighbor that got me into CYDY. He’s a banker that deals with commercial loans.
I asked him if a financial institution would lend millions to a company with NO income, NO approved product and NO track record of ever having either UNLESS maybe they saw the “data” that we can’t see.
He certainly didn’t think so.
Oh and on the subject of getting repaid or those $10 a share warrants or the 10% interest won’t mean squat if Leronlimab turned out to be another HQY. Good luck getting your $$.
You owe somebody $100K you’ve got a problem. You owe somebody 28.5 million? THEY have a problem.
IMO somebody saw the data, said hell yeah, here’s your $$ and then signed a bit, fat NDA.
I listened to the call with a friend and neighbor that got me into CYDY. He’s a banker that deals with commercial loans.
I asked him if a financial institution would lend millions to a company with NO income, NO approved product and NO track record of ever having either UNLESS maybe they saw the “data” that we can’t see.
He certainly didn’t think so.
Oh and on the subject of getting repaid or those $10 a share warrants or the 10% interest won’t mean squat if Leronlimab turned out to be another HQY. Good luck getting your $$.
You owe somebody $100K you’ve got a problem. You owe somebody 28.5 million? THEY have a problem.
IMO somebody saw the data, said hell yeah, here’s your $$ and then signed a bit, fat NDA.
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