This call was better than last week. It contained
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Posted On: 06/02/2020 2:05:21 PM
This call was better than last week. It contained some positive revelations that are of the utmost interest to Cytodyn investors.
The non-binding agreement is a silver lining however, it's "non-binding." That means that neither party is contractually obligated to do anything. It's merely a letter of intent. So I don't think that will not give us the jump we're looking for. It's still positive and newsworthy, but not yet tangible.
I would have liked to see NP open the cc with the fact that Cytodyn is financially current with their vendors, most importantly Samsung Biologics. That's big and was a huge criticism of those who are looking into taking a short position in Cytodyn. It also shows that Cytodyn intends to maintain a fiscally sound relationship with a large manufacturer who will likely be crucial in the future successes of Cytodyn.
Overall, I'm satisfied with the call. I would like to have seen the trials to be a little further along, but the explanation was sufficient and logical.
And I have to point out a pretty funny moment...
Question: "Where is Dr. Patterson?"
Answer: "Probably in his lab working on COVID-19."
Have a pleasant day everyone,
The non-binding agreement is a silver lining however, it's "non-binding." That means that neither party is contractually obligated to do anything. It's merely a letter of intent. So I don't think that will not give us the jump we're looking for. It's still positive and newsworthy, but not yet tangible.
I would have liked to see NP open the cc with the fact that Cytodyn is financially current with their vendors, most importantly Samsung Biologics. That's big and was a huge criticism of those who are looking into taking a short position in Cytodyn. It also shows that Cytodyn intends to maintain a fiscally sound relationship with a large manufacturer who will likely be crucial in the future successes of Cytodyn.
Overall, I'm satisfied with the call. I would like to have seen the trials to be a little further along, but the explanation was sufficient and logical.
And I have to point out a pretty funny moment...
Question: "Where is Dr. Patterson?"
Answer: "Probably in his lab working on COVID-19."
Have a pleasant day everyone,
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