Remember the much hyped “institutional investor” that had been repeatedly financing everyone’s favorite reverse-merger pink sheet Coronacrapper, Cytodyn (CYDY)? John M. Fife and his Iliad Research and Trading outift. Fife is the gentleman who invested $25mm for a $28.5mm face value 10% convertible note (with full ratchet) just a month ago. Catch up on that here.
Sadly, we don’t think he will be funding Cytodyn or any other crapco in the future. The case is US District Court N. IL.1:20-cv-05227.
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