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CytoDyn Inc CYDY
(Total Views: 604)
Posted On: 09/22/2020 10:10:33 PM
Post# of 153880
Posted By: RTB
Re: trding #57399
Trding and cDiddy -- you are two of the most respected posters here. I want to reply on this topic, just so folks are really, really clear.

The CYDY management and board has already approved 9.5 million of the 25 million "Exec Comp" shares that they are requesting in item 2 of the proxy. The shares aren't available, so they need the shareholder vote to allow their approval to be effective.

This is the height of arrogance. I know cDiddy has already said he is voting no, and I get the feeling that Trding is leaning that way.

We all need to send a clear message. Don't approve these grants and then come to us for a rubber stamp. We are not a rubber stamp!!!

I encourage CYDY to withdraw proposal #2 and to cancel those awards. The should then come back to the shareholders with a new authorization (more focused on options than on offering direct shares). And, AFTER they have authorization, they can grant to their heart's delight.

p.s. I thought the Dr. Been interview was pretty decent. There is still a lot of great potential here. I'm long and strong. But, I'm voting NO on request #2 in the proxy.













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