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  4. CytoDyn Inc (CYDY) Message Board

Cytodyn has never had the money to do any trials f

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Post# of 155111
(Total Views: 538)
Posted On: 09/23/2020 9:54:37 AM
Posted By: gestalt2
Re: craigakess #57491
Cytodyn has never had the money to do any trials from day one. Somehow, they raised the money and we have a completed HIV combo trial and numerous smaller trials. There is no situation where doing a trial requires a checking account with $30 million sitting there ready to go. As the trial is conducted costs are incurred and money is raised to pay them. This has been the history of this company and Nader has explained this numerous times. He raises the money needed as it is needed and at the terms they can get at that time. Would you want them to raise $30million when the SP was at $.30? When Nader stated this last night there is no surprise necessary, it has always been this way and He has always explained why.

Things are moving forward at a pace that may not be fast enough for some, but lets remember we are now in the phase where timelines depend on government bureaucracies.


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