of course i forgot the 8k needs to be filed on tha
Post# of 153903
(Total Views: 447)
Posted On: 04/25/2021 5:28:06 PM
of course i forgot the 8k needs to be filed on that new $25 million so we will know who it is shortly
how do we know that Fife sells immediately upon getting his shares? The registration statements associated with the monthly Fife payments are filed because the shares transferred must be registered in order to become tradeable. Has Fife filed its own SEC documents stating that Fife is selling the shares immediately?
Or maybe its just logical that Fife is selling the shares immediately because thats how Fife manages its risk profile. If Fife is constantly selling shares then maybe Fife never holds a position greater than $35 million or so? Then Fife is happy to lend as much as CYDy wants because Fife just sells everything immediately.
Totally agree that Samsung may have demanded a payment, and that payment is not for additional production but instead to pay down Cytodyn's outstanding balance. I think the Samsung payment demand was precipitated by the $6 million inventory that was trashed because it failed some QC test (you can see the $6 million inventory trashed in the latest 10k, and then also Samsung agrees to replace it). Perhaps what happened is that when Cytodyn asked Samsung to replace, as required by contract, the $6 million inventory that had to be trashed from the QC test, then Samsung was irritated and said "sure we will fix our mistake. But not before you pay us $25 million of the $68 million that you owe us."
So maybe its just like you say, RTB, Samsung demanded a payment and Fife acquiesced.
how do we know that Fife sells immediately upon getting his shares? The registration statements associated with the monthly Fife payments are filed because the shares transferred must be registered in order to become tradeable. Has Fife filed its own SEC documents stating that Fife is selling the shares immediately?
Or maybe its just logical that Fife is selling the shares immediately because thats how Fife manages its risk profile. If Fife is constantly selling shares then maybe Fife never holds a position greater than $35 million or so? Then Fife is happy to lend as much as CYDy wants because Fife just sells everything immediately.
Totally agree that Samsung may have demanded a payment, and that payment is not for additional production but instead to pay down Cytodyn's outstanding balance. I think the Samsung payment demand was precipitated by the $6 million inventory that was trashed because it failed some QC test (you can see the $6 million inventory trashed in the latest 10k, and then also Samsung agrees to replace it). Perhaps what happened is that when Cytodyn asked Samsung to replace, as required by contract, the $6 million inventory that had to be trashed from the QC test, then Samsung was irritated and said "sure we will fix our mistake. But not before you pay us $25 million of the $68 million that you owe us."
So maybe its just like you say, RTB, Samsung demanded a payment and Fife acquiesced.
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