It’s new in that the FDA decided they needed to tell people publicly how incompetent the company was in designing the trials, plus this won’t help any efforts in other countries who often look to US and Europe regulatory agencies as guidance. I mean, we knew all that in here but for those not following this drama like a soap opera it’s damning.I bought 500 shares at 2.06 for the hell of it. If it gets to $1.50 on same news, which is nothing new, than Ill buy more
The FDA could have just said "will all you nuts quit writing us emails".It’s new in that the FDA decided they needed to tell people publicly how incompetent the company was in designing the trials, plus this won’t help any efforts in other countries who often look to US and Europe regulatory agencies as guidance. I mean, we knew all that in here but for those not following this drama like a soap opera it’s damning.
Even if you’re in it for the HIV/cancer/athlete’s foot, the FDA just politely and publicly called this company a joke.
Being in it for HIV is not good either. The BLA has big problems, they won't see any revenue from HIV in the next year, I don't think.It’s new in that the FDA decided they needed to tell people publicly how incompetent the company was in designing the trials, plus this won’t help any efforts in other countries who often look to US and Europe regulatory agencies as guidance. I mean, we knew all that in here but for those not following this drama like a soap opera it’s damning.
Even if you’re in it for the HIV/cancer/athlete’s foot, the FDA just politely and publicly called this company a joke.
This action by the FDA was necessary because of the harassment of FDA officials from the CYDY cult. I had originally thought that the FDA might first be in contact with the SEC as a way to deal with it or perhaps this unusual release from the FDA sets the stage for an SEC investigation.
“In response to Leronlimab69, BigDongNP, and everyone else who camped in our yard yesterday...”The FDA could have just said "will all you nuts quit writing us emails".
I don’t think being in it for anyone reason outside of momentum trading is good.Being in it for HIV is not good either. The BLA has big problems, they won't see any revenue from HIV in the next year, I don't think.
This is a trading stock, not an investment. Not planning to hold for long but if it does go a lot lower, I will pour some money in. Stock has 9 lives and then some
I don’t think being in it for anyone reason outside of momentum trading is good.
YIKES
Thinking about this guy and how he just got his answer.Somebody just posted this on the yahoo board. Breathtaking.
the SEC:
Thank you for your submission on 5/14/2021.
Matter ID Number:
I own shares in CYDY. There has been a concerted effort by numerous "Law Offices" to obscure any positive news regarding the Company and its press releases. It feels like its part of a 'Short & Distort' scheme, because, there are numerous repeat ads claiming investigations. But, this goes beyond what would be considered normal. You see, every time the Company (CYDY) releases positive news, or any news for that matter, the "Law Offices" bombard the news feed with more of their bogus advertisements for investigations. And, when the 'end of investigation dates' arrive, they just revise the dates forward, and begin anew.
There's a difference between investigating a "slip-n-fall" at a store, and actually holding signs outside of a store warning potential patrons that IF they enter they MIGHT suffer a "slip-n-fall" at this particular Company.
I feel this practice is being done on purpose to cause potential Investors to NOT go "Long" the stock and to advertise for more "shorting" of the stock, as well as, to harass present Shareholders. If it wasn't so obvious that it was intended to spread fear, uncertainty and doubt it would be one thing. It would even be an acceptable part of owning an OTC stock. However, this goes way beyond acceptable in its incessant use of repeat ads from multiple "Law Offices" to 'work' at obscuring ANY positive news released from the Company several times per day...every day!
I thought there were laws regarding deceptive advertising to influence the market. The nature with which these "Law Offices" 'team-up' against the Company also appears to be a coordinated effort. The Company's CEO, Chairman of the Board and Legal Counsel have been repeatedly asked about all of the lawsuits on webcasts and conference calls, and to their knowledge, there have only been two claims by two very small Investors that the Company intends to vigorously defend against. In addition, the news coming out of the Company has been getting progressively better, and it would appear that it represents a threat to the Shorts' original thesis for going short in the first place. It's beginning to feel like a vendetta against the Company and its CEO, as the attacks have been personal and xenophobic, having nothing to do with his running of the Company.
It's apparent that this Company has the vast majority of its Investor base as Retail Investors. As such, there is a lack of sophistication amongst the Shareholder base that permeates the various message boards on which they go to receive whatever information and advice they can on the Company, and investing. And, it is on these message boards that "Shorts" harass the Retail Longs about all of the "Investigations". It's one thing for "Shorts" to use legitimate news to convince "Longs" to sell their shares, or to not open new positions. It's quite another to advertise dubious occurrences over and over and over again, in an effort to spread fear. These go beyond seeking litigants for a class action suit. It seems like the Company is being unfairly targeted by a cohort of "Shorts" bent on freeing up shares for daily trading and/or to put the last nail in its coffin.
Unfortunately, I could not find another link on this website for this complaint that would not have supplied my Contact information to the offending parties. This coordinated effort to spread fear goes beyond reasonable, and I implore you to get to the bottom of it, so the market is fairer for Retail Investors to engage in.
We new this back in August.You weren’t asking me, but the phase II results were negative. Failure to meet the primary endpoint, while meeting select secondary endpoints is largely a negative trial. Any positive secondary endpoints are nothing but hypothesis generating.
Lol. I just wrote a ridiculous check to the IRS this morning and a good chunk of it was because of CYDY. I had most of it in the IRA but did buy some in my taxable account (dumb decision). Short term gains are the devil. Even with that big check, I am absolutely glad I sold, especially since the summer was still a good time to buy other stuff.YIKES
not to sound like stbugs but glad I sold.
It’s still a $1.2B company right now. There’s still a lot of room down.I don’t think being in it for anyone reason outside of momentum trading is good.
Pisses me off that somebody from the FDA had to take the time to respond to this with everything else that is going on.
Has the FDA ever commented like this on another drug company?Pisses me off that somebody from the FDA had to take the time to respond to this with everything else that is going on.
The release also mentioned the need for well designed clinical trials. Dig, Dig.
I’m glad I flipped my CYDY to HGEN ratio when I did but if there were ever a reason to boot NP the FDA just give it some rocket fuel with that line.The release also mentioned the need for well designed clinical trials. Dig, Dig.
Yea maybe this is it for him (probably not) and it would give the stock price a boost if he did...but other countries aren’t going to approve after this and that toxic debt has to be due soon. Can’t see this lasting.I’m glad I flipped my CYDY to HGEN ratio when I did but if there were ever a reason to boot NP the FDA just give it some rocket fuel with that line.
If I time this right, I pick this up at around $1.60, and NP gets canned the next day.If there's such a thing as karma, NP is screwed.
Not really. He sold a lot of stock IIRC and said it was to help them to buy a lot of the drug. I think there was another vote that stopped them from creating more shares to lavish on the execs for doing such a stand up job.If there's such a thing as karma, NP is screwed.
I’m holding on to what I have left with all fingers and toes crossed that this spells his demise and a pop comes after.Yea maybe this is it for him (probably not) and it would give the stock price a boost if he did...but other countries aren’t going to approve after this and that toxic debt has to be due soon. Can’t see this lasting.
In your scenario, there is no such thing as karma.Not really. He sold a lot of stock IIRC and said it was to help them to buy a lot of the drug. I think there was another vote that stopped them from creating more shares to lavish on the execs for doing such a stand up job.
Yep, if karma was real that dude wouldn’t have been making $10 million a year like he has been.In your scenario, there is no such thing as karma.
See above. A dude having already made millions isn’t going to feel getting fired. He’s milked the cow already.In your scenario, there is no such thing as karma.
And he probably wrote himself a great severance package.See above. A dude having already made millions isn’t going to feel getting fired. He’s milked the cow already.
Yep. Some people may not recall, but there was a huge dilution on the table to give to execs and new employees (what are they at now, 7?) stock. Would have been a big win for NP.And he probably wrote himself a great severance package.
Has the FDA ever commented like this on another drug company?
I thought the FDA was civil to the company/stockholders in stating that you failed your own end points but if you believe that there is other meaningful data then do a new trial that captures these end points. I think it also puts the company on notice about how it communicates results and its prospects to shareholders.If there's such a thing as karma, NP is screwed.
Not sure you understand karma. Got nothing to do with $ in the bank. Whether it exists, that's debatable.See above. A dude having already made millions isn’t going to feel getting fired. He’s milked the cow already.
The toxic debt will continue forever as long as they are able to loan money and convert the debt into shares. NP talks about the loans being non-dilutive when they occur but they end up being dilutive when converted to shares.Yea maybe this is it for him (probably not) and it would give the stock price a boost if he did...but other countries aren’t going to approve after this and that toxic debt has to be due soon. Can’t see this lasting.
Truly unbelievable what is being said on that board. America has gone to hell over conspiracy theories.[logs on to yahoo board]
They are infuriating. They think the FDA is just doing a CYA because it's about to be approved overseas.[logs on to yahoo board]
It's always a good day to start!Looks like I picked the wrong day to stop sniffing glue.
Nader anticipated this email and is going to use it to burn the shorts. It will be glorious!They are infuriating. They think the FDA is just doing a CYA because it's about to be approved overseas.
Never before seen a group so out of touch with reality.
Yeah, they also see it as a coordinated short attack that was planned out, along with releasing a bullish seeking alpha piece prior to the bad news.Nader anticipated this email and is going to use it to burn the shorts. It will be glorious!
Everytime I log on there I understand how QAnon happened.Truly unbelievable what is being said on that board. America has gone to hell over conspiracy theories.
The ones saying they are loading up and buying more are killing me.They are infuriating. They think the FDA is just doing a CYA because it's about to be approved overseas.
Never before seen a group so out of touch with reality.
I understand karma* but to answer you better, no I don’t believe it actually exists. It’s a common phrase but that’s it.Not sure you understand karma. Got nothing to do with $ in the bank. Whether it exists, that's debatable.
Yes, there is plenty of crossover on that board tooEverytime I log on there I understand how QAnon happened.