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  4. CytoDyn Inc (CYDY) Message Board

Misiu, good summary !!! In the important matter

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Post# of 154059
(Total Views: 512)
Posted On: 11/27/2019 7:41:13 AM
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Posted By: TechGuru
Re: misiu143 #11579
Misiu, good summary !!!

In the important matter of funding here is what I heard (please corrections if necessary):

Q: Could you give our listeners and you shareholders an update on your funding: So ... stock prices is taking a beating and is unheard off up to have it, you know, having an OTC company trading 17 to 20 million shares in the last 15 business days or so, is unheard of, and people who are being in this company for so long they must realize and must understand that we are going through hard times with this because we raised a lot of money and be sitting at OTCB, be we have told the public that we signed the non-binding agreement that had six weeks (inteligible) ;the six weeks was over we told everybody that the (inteligible) was positive we're going to the final agreement portion to do that due diligence and that portion being finished hopefully very soon and announcing it, people would see that our revenue will be generated through this licensing agreement which we are very positive will be getting done, but people have to understand that we have put out many fires with this company not letting our shares being diluted the way it could had happened if we didn’t have licensing agreement.


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