Maybe you are right. Maybe he is lying. But it looks more like a bungle to me. If its a lie, it was done incredibly stupidly.
If he was lying, why would he let the cat out of the bag today? What was possibly gained by waiting 10 days since his last comment of checking on the EUA in the FDA meeting? If the EUA was never submitted, just say the EUA was denied. Only the most idiotic liar would make that admission.
My point is that he can't handle simple problems properly.
m/m EUA decline by the FDA was a simple problem.
He asked if he should file EUA for mild/moderate. That's the correct path. Don't spend the effort unless its warranted. When the FDA says "don't bother" that's fine its over.
He did the right thing, asking the FDA about m/m EUA, but he bungled the shareholder communication and now people think that he's lying.
Same thing with the 25 million shares. CYDY is almost out of shares to issue to new employees. They need some shares to do some options. Perhaps 1 million would last for many months if you don't hire anyone. But employee options need to be kept available. Its like authorized shares. Its basic corporate responsibility. But now everyone thinks he is trying to enrich himself.
And maybe he is trying to enrich himself. But again if he wants the shares for himself, he has an idiotic plan. Liars are usually smarter than that.
So many unnecessary and needless self inflicted errors.
Even the HIV BLA filing is an unnecessary and needless self inflicted error. If you are CEO, you know for certain that people are going to ask "what is the schedule?" Again a trivial task to explain a date or range of dates that reflect the activity taking place. But the message that was taken home is "we don't know".
And that whole diatribe on the question at the end about how many days until UK CD12 sites will open. Again a simple problem that was completely bungled.
Pourhassan is just in over his head on investor communications.