Hey guys...hey....I need some help with the "fine
Post# of 155436
(Total Views: 567)
Posted On: 09/17/2021 8:56:37 PM
Hey guys...hey....I need some help with the "fine print"....
Today's filing by the 13D group:
https://ir.stockpr.com/cytodyn/sec-filings-em...frn14a.htm
Does this mean what I think it means? The stalemate may have been broken with concessions from both sides...and....
Can I get a BIG....WTF from the crowd ???
Today's filing by the 13D group:
https://ir.stockpr.com/cytodyn/sec-filings-em...frn14a.htm
Quote:
The Participants have filed a motion to dismiss the Federal Lawsuit, which is currently pending. On September 16, 2021, the Participants and the Company jointly informed the court that they have agreed on supplemental disclosures that are contained herein, and subject to the filing of these supplemental disclosures, the parties will file a stipulation of dismissal on Monday, September 20, 2021.
Does this mean what I think it means? The stalemate may have been broken with concessions from both sides...and....
Quote:
The Proposal further contained a single bullet point on a slide entitled “Next Steps” that read, “Dr. Bruce Patterson signs Employment Agreement with the Company contingent upon closing of the transaction.” As the Proposal was preliminary in nature, the Proposal did not set forth the proposed terms contemplated to be contained in an employment agreement between Dr. Patterson and the Company. If the Participants succeed in electing their director nominees to the Board, the Participants intend to name Dr. Patterson as the Chief Medical Officer of the Company (either as a direct employee or as a consultant). His level of compensation in such circumstances has not been set and would be approved by the Company’s compensation committee, comprised of independent directors, in accordance with the Company’s policies and applicable law and would be consistent with industry norms.
Can I get a BIG....WTF from the crowd ???
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