Amarex Update | CYDY Message Board Posts


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Msg  13502 of 13572  at  1/14/2022 8:50:02 PM  by

gg100


 In response to msg 13499 by  Joehand1
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Re: Amarex Update

cytodyn has negotiated a 30 day grace period for filing 6.5 million bond in exchange for dismissing paent company NSF from the case.

seems to me this confirms:

1) cydy has little hope of any financial recovery from amarex

2) cydy's financial situation is so bad that they pay their lawyers $100k for a one month delay on 6.5 million. Thats nearly a 20% anual interest rate. Probs better terms than Fife:)

Combined with the cancelled conference call, this one month delay on the bond seems to suggest that cydy expexts some sort of pivotal event in the next two or three weeks

could be new mthbc data. could be 700mg hash. but i think both are unlikely. i hink its something else


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Replies
Msg # Subject Author Recs Date Posted
13504 Re: Amarex Update minxmrphd 0 1/14/2022 10:07:44 PM


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