On the importance of Cytodyn stock ownership, a le
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A couple of days ago, with beautiful weather, my nephew and I hatched a plan to fly a Cherokee 140 from Orlando to Jekyll Island…if you have ever been there you would be familiar with the Jekyll Island Club, a limited and private club for millionaires, titans of industry and society including the likes of Goodyear and JP Morgan. Morgan built the largest private yacht of the day (the Corsair) from which the famous quote arose about cost “if you have to ask, you can’t afford it.” The yacht was even too big to dock at the Jekyll Island Club so JP was ferried in a separate craft (the Corsair IV was 343 foot in length).
From whence did Morgan’s wealth arise? There is a deeper history here that would take a volume to fill but among the many reasons an important kernel can be found in his association to Edison, who installed DC based electric lights and a generator in Morgan’s home. Much of Edison’s work was underwritten by Morgan, who received Edison stock in exchange. In the great “Current Wars” between Edison (DC current) and Westinghouse (AC current in association with Tesla), a battle ensued to electrify America, and Edison’s patents were an important part of the story. Edison was rabid in protecting his patents and the lawyer for Westinghouse, on visiting Alexander Graham Bell (one of very few to beat Edison in a patent dispute) learned how to prevail: enter JP Morgan. The crux of it is that Morgan, through majority stock ownership, controlled Edison, and a deal was brokered without Edison’s consent to merge the two companies under a new name: General Electric which still exists as a monolithic company today. It is ironic that Edison, who had a huge ego, witnessed his name disappear in the new company name.
Who owns Cytodyn and therefore the profits from its future? As we are all aware, there is very little institutional footprint with Cytodyn, private investors like you and I will share the wealth and future. In this rollercoaster of the last few years I think many of us have been presented opportunities to acquire a much larger position than we originally imagined. JP Morgan saw the opportunity with Edison and seized the real wealth, the stock ownership. In another parallel, Cytodyn will also be rebranded…it doesn’t take too much imagination with this miracle drug to peer back the curtain’s on our future and what it will mean. Hang on to your position, it just might allow us to rendezvous and celebrate some day at Jekyll Island. I will recognize you by the the massive yacht moored there…you’ll find me on the tarmac with my new Cirrus SR22 with all the upgrades including the carbon/platinum/rhodium finish.
By the way, when the dust finally settles on Cytodyn, if you have to ask how much to buy the stock then, well, you can’t afford it!
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