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This post is to summarize what I found out about the placement work Paulson has done for CYDY. I noticed on Paulson’s website page for transactions that they were the placement agent for $11,361,000 for CYDY in December 2021.

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In addition, the issuer is not allowed to solicit the securities, and they must reasonably believe that the investors purchasing the securities are accredited or are unaccredited investors who meet sophistication requirements.

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This is precisely what a startup with a lot of promise but no significant revenue would do in order to keep the lights on until the expected results are achieved and ready to be capitalized upon.

The restrictions placed on solicitation of the offering by the issuer and the limit set for unaccredited investors is ostensibly to protect the little guy, the unsophisticated (read:potential rubes), from fast talking salesmen types. Having just psent over six months unwinding myself from a position in a REIT that was a private placement funded under Reg D, I admit the protections and disclosures are necessary for riskiest and most illiquid of these placements.

Suffice to say it appears the machinations going on at CYDY the past 6-8 months were more orchestrated and thought out than the naysayers could have imagined.