Perhaps the 7 million in options are a backstop to
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Posted On: 10/27/2021 10:05:03 AM
Perhaps the 7 million in options are a backstop to
If the approval of 200 million new shares fails, I certainly wouldn't put it past this group of individuals to exercise the 7 mil at a strike price of 1.39. This would immediately add about $10 million to cash flow if the vote fails.
This could explain why they were awarded early, and to two members who will soon be ineligible to receive them in Timmons and Patel.
Just a thought from the bright side.
Good Luck,
Chazzle
If the approval of 200 million new shares fails, I certainly wouldn't put it past this group of individuals to exercise the 7 mil at a strike price of 1.39. This would immediately add about $10 million to cash flow if the vote fails.
This could explain why they were awarded early, and to two members who will soon be ineligible to receive them in Timmons and Patel.
Just a thought from the bright side.
Good Luck,
Chazzle
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(1)CytoDyn Inc (CYDY) Stock Research Links
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