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CytoDyn Inc CYDY
(Total Views: 595)
Posted On: 11/28/2020 8:04:09 PM
Post# of 155641
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Posted By: ClosetInvestor
Re: Goosebumps #66638
“Any guesses what Nader was talking about when he said you will be surprised at the end of November when we will show a 30 million dollars balance and say that we got a good deal?”

He’s referring to the most recent $28 million dollar note with Fife. If you combine the $25 million CYDY netted from the deal, with current cash on hand (minus November 2020 expenditures), the balance should be around $30 million. I’m not sure how his comment can be interpreted any other way. If CYDY raised money in addition the $25 million they netted from Fife, the end of the month balance would be much higher than $30 million.













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