So what are CytoDyn's costs? > $80 million paid
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(Total Views: 622)
Posted On: 12/26/2022 8:18:20 PM
So what are CytoDyn's costs?
> $80 million paid to Amarex
> $50 million Leronlimab write off
> Cost of 4 External FDA Type GCP Auditors? Guessing $5 million
> Cost of CRO for PharmacoVigilance? Guessing $5 million
> Cost of 5 Sidley Austin Attorney full time at $750/hr for 1 year: $7.5 million
> Cost of Arbitrators for 1 year: Guessing $2.5 million
> Cost of FDA Warning Letter: Guessing $50 million
> Cost of Warning Banner: Guessing $25 million
> Cost of the Clinical Hold on Both HIV and Covid: Guessing $100 million
> Cost of abandoning Brazil Trial: Guessing $50 million
this is only $375,000,000
and there is much more
> market cap at time of RTF was $1 billion, today it is about $250 million,
> loss of $750 million market cap
> so we are talking just in CYDY losses of nearly a billion.
but what I've listed does not include:
7.3 Claimant seeks an award of damages caused by Respondent's Breach of the Amarex Agreements in ANY AMOUNT that WILL BE PROVEN during the arbital Hearing.
Sidley Austin will bring in their own tabulators and economic accountants that will QUANTIFY the value of all these damages and will PROVE this value in the hearing.
> $80 million paid to Amarex
> $50 million Leronlimab write off
> Cost of 4 External FDA Type GCP Auditors? Guessing $5 million
> Cost of CRO for PharmacoVigilance? Guessing $5 million
> Cost of 5 Sidley Austin Attorney full time at $750/hr for 1 year: $7.5 million
> Cost of Arbitrators for 1 year: Guessing $2.5 million
> Cost of FDA Warning Letter: Guessing $50 million
> Cost of Warning Banner: Guessing $25 million
> Cost of the Clinical Hold on Both HIV and Covid: Guessing $100 million
> Cost of abandoning Brazil Trial: Guessing $50 million
this is only $375,000,000
and there is much more
> market cap at time of RTF was $1 billion, today it is about $250 million,
> loss of $750 million market cap
> so we are talking just in CYDY losses of nearly a billion.
but what I've listed does not include:
7.3 Claimant seeks an award of damages caused by Respondent's Breach of the Amarex Agreements in ANY AMOUNT that WILL BE PROVEN during the arbital Hearing.
Sidley Austin will bring in their own tabulators and economic accountants that will QUANTIFY the value of all these damages and will PROVE this value in the hearing.
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