Gambler: Cyrus' fuzzy status could mean something
Post# of 154850
(Total Views: 576)
Posted On: 11/02/2023 11:39:41 AM
Re: HHIGambler #138614
Gambler: Cyrus' fuzzy status could mean something or nothing. History would strongly suggest nothing, but logically (a dangerous word when applied to CYDY management) it should at least signify that the latest FDA paperwork has been submitted. So that would be something positive.
Yet, what strikes me as potentially much more positive is that Cyrus seemingly has no further work to do at CYDY. His remaining stock options vest on the 6th of each month through January, 2024 (as per a SEC filing from July). So his part time status may simply be a vehicle to give him more shares. Meanwhile, the only 2 remaining visible employees are an accountant (Antonio) and a transactions lawyer (Tyler).
So, if the FDA lifts the hold in November (likely, but not a given), I would expect the BOD to announce a buy out or nothing. Nothing would have to be the leader in the clubhouse based on track record, but the playing field screams Buy Out as I don't see enough players on the field to participate in a partnership. Can there possibly be one time in this company's history when what seems logical actually happens?
Yet, what strikes me as potentially much more positive is that Cyrus seemingly has no further work to do at CYDY. His remaining stock options vest on the 6th of each month through January, 2024 (as per a SEC filing from July). So his part time status may simply be a vehicle to give him more shares. Meanwhile, the only 2 remaining visible employees are an accountant (Antonio) and a transactions lawyer (Tyler).
So, if the FDA lifts the hold in November (likely, but not a given), I would expect the BOD to announce a buy out or nothing. Nothing would have to be the leader in the clubhouse based on track record, but the playing field screams Buy Out as I don't see enough players on the field to participate in a partnership. Can there possibly be one time in this company's history when what seems logical actually happens?
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