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CytoDyn Inc CYDY
(Total Views: 556)
Posted On: 04/03/2024 6:17:52 PM
Post# of 154883
Posted By: Jake2212
Re: chazzledazzle #142028
chazz: Apparently, Vyera's distribution rights under the contract were assignable. That was a blunder by CYDY. The K should have provided that the distribution rights would be assignable only with CYDY's approval. Establishing ohm's point that the putative assignee would be incapable of performing its K obligations, as grounds for termination, could conceivably spawn a frivolous lawsuit and/or a nuisance value settlement.

In any case, I see the Vyera issue as "de minimus" in terms of Dr Jay's priorities or on a list of concerns for CYDY shareholders.













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