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CytoDyn Inc CYDY
(Total Views: 852)
Posted On: 02/02/2022 9:21:28 AM
Post# of 155754
Posted By: Hulk767
Re: CDiddy #117143
Thanks for the reply. Looking at the pattern of events, it definitely looks like management and the board got a smack down, either from the SEC / DOJ , or from Sidley trying to preempt one. NP gone , Scott Kelly stepping down as chairman of the board, a lawyer and compliance specialist elevated to chair of the board, and our CFO, which is one of the most administrative and compliance related positions at any company elevated to president. And now a period of absolute silence, which again is them locking everything down I suppose. It appears that maybe the attention of the SEC and DOJ was on short sellers, but it also seems crystal clear that some of it was on management, otherwise there is no way this would play out in this fashion.

I hope we name a high-quality CEO soon. While we have clearly set the company up for excellent compliance, we don’t have a true leader at this point – – i.e. someone who is focused on pushing direction of the company. Maybe Scott Kelly is doing that in the background, but hopefully we name a strong CEO soon.

And of course, add me to the list of people who is puzzled that there is no news on Nash. Consistent with my pattern above, I think there is a much higher level of scrutiny on any data released, and they are taking time to double and triple check everything. I hope that is the case, as the alternative case is the data is not as good as we had hoped.













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