I do remember Nader referring to a bank that offers to pay for everything, that they have the funds. At the time it was guessed by some that the bank was Goldman sacks, which is not a shocker. To me, what really must have put Dr Pestell on ice was that he must have been making side meetings and suggesting getting rid of Nader and the board, taking over the company. If we look at the position prostegene was in, it was in need of the next step in there research which was to get a drug to prove the pre clinical studies. Dr Pestell came to cytodyn, and gave everything to them, why would he do this? I think his plan was to become ceo and kick out all existing, putting his own crew in. The language of why the prognostic test was held up over signing a contract with one person? This must have been a red flag, as was the building of this lab and hiring employees. I was under the impression that the lab we got in the prostegene deal was already existing and working, not a lab that needed many employees to relocate etc.. Nader likely started asking around about what was going on with the delays and found Dr Pestell was focused on a take over and holding up the trials. I just don’t see how he could get fired for just working slow or disagreeing with Nader. The internal controversy over the tender offer must have been in response to the other options that were likely to put Dr Pestell in charge, Nader put the TO out rather quickly, he knew going back to Paulson would not sit well and he likely knew Goldman and dr Pestell had some sort of a plan.
I trust Nader’s tenacity and loyalty, dr Pestell I think had alterior motives all along. I just don’t understand how he could risk his life’s work and reputation over this. Remember, the cancer trials are all cheap and quick, Nader pulling funding had to be more about what dr Pestell was doing than actually holding off on the trials. At no point did Nader drop the any day now for first injection and the presentations never changed up until the end of 2nd quarter, Nader really thought the TNBC trial would start and that dr Pestell was making it happen, until he realized it was not.
I trust Nader’s tenacity and loyalty, dr Pestell I think had alterior motives all along. I just don’t understand how he could risk his life’s work and reputation over this. Remember, the cancer trials are all cheap and quick, Nader pulling funding had to be more about what dr Pestell was doing than actually holding off on the trials. At no point did Nader drop the any day now for first injection and the presentations never changed up until the end of 2nd quarter, Nader really thought the TNBC trial would start and that dr Pestell was making it happen, until he realized it was not.
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