(Total Views: 700)
Posted On: 01/04/2022 8:41:11 PM
Post# of 148878
The heavy t-trade activity on CYDY is good news (IMO). It has been happening for many consecutive days (seven or so?) It is likely indicative of Fife selling shares. This is our cash machine and is necessary at this time.
Fife's alternatives (to stock conversions) are less beneficial to us (e.g. demanding cash instead of stock). At some level, when he is able to convert his stock to cash, it provides the opportunity for him to provide more lending. This is not necessarily the ideal source of cash, but it is probably our best source at this time.
For all of us waiting for news on NASH and BTD......the 10Q is due by January 10. We have been timely on past filings, so I would expect the 10Q on that date or earlier. It will contain updates on stock sales, Fife activity and conversions, litigation, and, possibly, SEC/DOJ info (even silence on this topic would be an update). Everything on this list is easy to spin negatively.
So.....if the team has any positives to report on NASH and BTD, expect them soon. They tend to get very chatty right before SEC quarterly reports, so that they can control the narrative.
Fife's alternatives (to stock conversions) are less beneficial to us (e.g. demanding cash instead of stock). At some level, when he is able to convert his stock to cash, it provides the opportunity for him to provide more lending. This is not necessarily the ideal source of cash, but it is probably our best source at this time.
For all of us waiting for news on NASH and BTD......the 10Q is due by January 10. We have been timely on past filings, so I would expect the 10Q on that date or earlier. It will contain updates on stock sales, Fife activity and conversions, litigation, and, possibly, SEC/DOJ info (even silence on this topic would be an update). Everything on this list is easy to spin negatively.
So.....if the team has any positives to report on NASH and BTD, expect them soon. They tend to get very chatty right before SEC quarterly reports, so that they can control the narrative.
(6)
(1)
Scroll down for more posts ▼