I have to believe that Nader has made the right choices this year. He made the choice for us to try to attain a Covid EUA. Will that happen? I believe it will. It will probably be another country that gives CYDY it first Emergency use or whatever the country calls their emergency approval. Nader hired Amerex to help file the HIV BLA and trials organization. That didn’t work out completely and we are still in that process. Amerex was suppose to be the one with experience and get us over the hump of first approval. It turned out to be a disappointment. We move forward now with a new hired gun in Dr. Maboob Rawman. There is valuable experience with Dr. Rawman and he most likely will get us over that hump and has brought some of his people who we have hired to help our BLA submissions to the FDA and other similar agencies in a few different countries.
What does this show us? It shows us that when you lack the knowledge or experience you hire the right people to perform the job. This is what Nader has done. He has hired people to get the job done. Amerex first attempt didn’t go well and now they are collaborating with Dr Rawmans team and it appears things are moving in the right direction.
The question is... has Nader taken on more than he can handle or done a poor job. I don’t believe he has. He has hired the right people to get the job done. First attempt struck out and the new and improved team now is close to showing us what they have. We don’t know what they will be capable of just yet. I believe we are close to a submission for BLA’s in multiple countries.
I have to remind people that Nader has gotten us here on a beer budget and under the normal average time. Yet it won’t be long before we will be celebrating with champagne and loving that old beer budget for what it use to be. Average time to approval is 15-20 years and over 2 billion dollars for first approvals. We are way under budget and only 8 years in on our HIV trials since Nader took over. I am impressed with smashing those averages as an investor and don’t take that achievement lightly. My opinion is he has brought us to the brink of approval in less than half the average time. That’s huge in my book. I am a fan of Nader.