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  4. CytoDyn Inc (CYDY) Message Board

So lender looks legit, from bio. Maybe has an inte

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Post# of 155552
(Total Views: 339)
Posted On: 01/30/2019 8:25:21 PM
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Posted By: finesand
Re: trding #103
So lender looks legit, from bio. Maybe has an interest.
Too bad he just didn't buy shares straight.

As posted on ihub, the notes are secured (exclusive IP)
and contain 'make whole' agreements (anti dilutive bla).
Also to be redeemed 15% below 20d lowest bid, well.

Need to tabular last offerings and loans, Sept - January was $20M AFAIK,
but unsure when the '$25M Cash for BLA' timer started to tick
and also unsure whether they want to raise more for the balance sheet itself.

$6M to be redeemed as of today it also said: Around 12M shares.

Yes, more MMs showed up today.

Positive outlook: Fundraiser soon to be done? Mid February? Then ready for news.


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