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I am asking that if we only have ?150 million shares available to issue, could another entity or partner take a stake at say $1 a share to generate $100 mil for cytodyn to pursue trials and thereby take equity in the company.

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If they were buying spending $100 million dollars at $1 a share their equity would be 100 million shares, nothing more and nothing less. Why would they do that when they can buy open market for substantially less.