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CytoDyn Inc CYDY
(Total Views: 644)
Posted On: 09/24/2020 8:21:28 PM
Post# of 153887
Posted By: penniestodimes
I, like many others here, voted NO today for the comp package item #2. They are asking for entirety too many shares at this juncture. I feel like if they asked for 5-10 million it would be approved with little resistance. I hope the tally is a resounding NO, and the BOD gets a wake up call. With NP’s 7 figure salary and the shares he owns, he’s certainly not hurting for money, especially if he really believes the share price will be “triple digits” at some point. I understand that some of what they are asking for will be used for new hires, but if the previous stock grants are any indication, NP and the current BOD will continue to reward themselves quite well. That’s where we come in and say with our vote “enough for now”. Get EUA, the BLA for HIV accepted, uplisted to NASDAQ and then we’ll reconsider.













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