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  4. CytoDyn Inc (CYDY) Message Board

So in that regards, I told our shareholders that C

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Post# of 153939
(Total Views: 574)
Posted On: 11/03/2019 2:20:11 PM
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Posted By: TechGuru
Re: lorbas #10488
Quote:
So in that regards, I told our shareholders that CytoDyn have signed a NON-BINDING agreement that expires in 6 weeks. I (thought) that I was giving another good news when I said that we now are a few weeks away from final agreement being signed because obviously the non-binding agreement’s 6 weeks went by and the due diligence were SUCCESSFUL.



In reading again Nader's letter I am not sure if he is saying that the 6 weeks Non-binding agreement was good (6 weeks went by and the due diligence were SUCCESSFUL) and now they are working in a "final" agreement, meaning binding??.

Am I reading too much into this or the non-binding agreement is still being worked out?

In any case, NP's letter is reassuring. I see he is working on Sunday and appreciate the fact that he does not have to answer mails form us shareholders.


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