About the 8k: Interpreting the legalese inherent i
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Posted On: 02/01/2023 8:20:19 PM
About the 8k: Interpreting the legalese inherent in a SEC filing is always a challenge for me, so my confidence level is always low in attempting to do so. With that in mind, it would appear to me that CYDY has satisfied the promissory note issued to David Welch (CYDY's largest shareholder) and secured by the Leronlimab patent, in return for Mr Welch having guaranteeing the 6.5 million dollar bond posted by CYDY as a condition of the arbitration proceeding moving forward.
If that is indeed the list of the 8k, it is very good news indeed.
ps. I'll be out of the office until the hold is lifted.
If that is indeed the list of the 8k, it is very good news indeed.
ps. I'll be out of the office until the hold is lifted.
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