Thanks for teasing out the details from the fine print. A quick take reading between the fine print on Dave Welch: this guy has very eclectic interests, is very curious, and invested in Cytodyn well before his tenure as board member. A survey of what he is trying to accomplish through 4-Good and CaltechEnergy bringing people together via the CE10 conferences trying to solve some of society’s great challenges signals genuine care and passion. Perhaps the antithesis of someone like Ken Griffen who makes his billions by hammering away at companies under Citadel, a relentless absorption of wealth through strength and a preying on the vulnerable. Welch recently hosted Noon Energy via CE10 to discuss a novel and highly useful approach to cleaner energy creation and longer lasting storage via CO2 dissociation. That is leveraging your passion with care and support of ideas that make a positive difference for society. It is not surprising that Welch helped secure the intellectual capital of Cytodyn with the surety bond in the midst of the Amarex dispute.

If he holds 9 million shares with warrants for 42 million, it is a sizable commitment and if he becomes much more wealthy in the bargain I appreciate people like Welch that are more other focused and trying to raise up rather than tear down and destroy…his character, moral compass and history suggests he will use it For Good.