For a month The NaDDir* and his klown krew at everyone’s favorite reverse-merger pink sheet Coronacrapper, Cytodyn (CYDY), have kept the world waiting for the top line results from the CD12 study of loserlimab for Severe-to-Critical Covid-19. Keen readers already know that, regardless of the outcome, an EUA for loserlimab in the USA is virtually impossible at any time (see why here). While the world waits, the curmudgeons at BuyersStrike! HQ thought it might be fun to look back at some of the other developments Cytodyn has promised and never delivered.
It has been a little over seven weeks since Cytodyn announced what they claim to be an “Open Label Extension” would be added to the CD12 study. The hype began on Christmas Eve, 2020:
A follow-up press release was issued a few days later,on the 28th:
Leaving aside Cytodyn’s complete misunderstanding and misrepresentation of what an Open Label Extension actually is, for such a monumental achievement that warranted two press releases, there was no corresponding 8k filed with the SEC. What does that mean? Simply put, any time you see a press release but no corresponding 8k, the “big news” is actually completely immaterial.
An 8k is not the only thing missing. Even though it has been 6 weeks since the protocol amendment has been supposedly accepted by the FDA, there is no evidence of any OLE for the CD12 study on Clinicaltrials.gov. See for yourself here. The most recent updates to the CD12 trial records are from mid-November, 3 months ago!
Does the OLE exist only in Cytodyn press releases and The NaDDir’s* imagination?
*Spelled thusly for a double dose of that sweet sweet stock pimpin’
You should be punished for this garbage article!
[Would you like to share what you disagree with? Do you deny any of the facts presented above? Cytodyn issued two press releases, but there is absolutely zero evidence that an OLE exists according to Clinicaltrials.gov, why hasn’t the company filed an 8k or updated the clinical trial records? Seems like the only garbage is the unsubstantiated bs spewing forth from the company and its army of paid touts. – Editor]
Thanks Buyersstrike. I got out in time. These guys have no credibility. Agreed – what a scam. Can’t believe the pumpers haven’t woken up. Oh well….expensive lesson for naive investors. They put a lot of stock in NP’s smile in his paid for pumping ads. Sad. Promises made, nothing delivered.