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Posted On: 09/03/2020 1:23:12 PM
Post# of 154139
Re: reallypeople? #54007
A statement... per the PR on CytoDyn website. Notice the word "option". I provided exact verbiage and link below as well.
"The note, has a two-year maturity, bears interest at the rate of 10% per annum and is secured by all assets of the Company, excluding its intellectual property. The note may be converted at the option of the investor into shares of the Company’s common stock at a conversion price of $10.00 per share."
https://www.cytodyn.com/newsroom/press-releas...onvertible
"The note, has a two-year maturity, bears interest at the rate of 10% per annum and is secured by all assets of the Company, excluding its intellectual property. The note may be converted at the option of the investor into shares of the Company’s common stock at a conversion price of $10.00 per share."
https://www.cytodyn.com/newsroom/press-releas...onvertible
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