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Posted On: 01/15/2022 2:31:39 PM
Post# of 145247
Jake, all VERY good points! And the timing for a Samsung partnership couldn't be better given that we currently owe them $13.5m and another $22.8m that's due by the end of this month. And as you mentioned, this may help to explain why they asked for a 20-30day extension for posting the bond knowing the share price will be higher. The negative Nancys on the other boards make it sound like they don't have the $6.5m to post the bond, as if CytoDyn just realized it was due when they read their own 10Q. We only know what cash they had as of Nov 30 ($8.6m). That was a month and a half ago. They have the shares and they could have sold them at any time to post the bond.
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My comments are just my opinions and should NOT be taken as investment advice.