Another day, and still we wait. For over a month The NaDDir* and his klown krew at everyone’s favorite reverse-merger pink sheet Coronacrapper, Cytodyn (CYDY), have denied the world the top line results from the CD12 study of loserlimab for Severe-to-Critical Chinese Coronavirus Disease. To while away the hours, today the curmudgeons at BuyersStrike! HQ continue our fun look back at some of the other developments Cytodyn has promised and never delivered.
A little over a year ago, on the 12th of February 2020, during the earliest stages of its pivot from HIV shitstock to a Coronacrapper, Cytodyn issued a press release (read it here) trumpeting a Letter of Intent for the joint development and licensing of loserlimab in China:
With all things Cytodyn, the reality appears to be very different than the headlines. As always, the first step in verifying anything in a corporate press release is to look for an associated 8k filing with the SEC. Remember, no 8k filing means the supposedly important news is actually completely immaterial. Immaterial is lawyer-speak for what in the real world is called utter and complete bullshit. Sure enough, CYDY never issued an 8k about this Chinese deal. You can find all of the 8k filed by the company in 2020 right here, there is nothing about any LOI with Longen China Group.
There is nothing about Longen China Group in Cytodyn’s annual report filed on Form 10K (read it here) either. Not even a further press release from the company. What about all of the Wuhan flu long-hoooolers in China that Cytodyn could be “saving” right this minute? With the exception of Cytodyn’s own press release, and articles regurgitating that same press release, multiple web searches reveal nothing else on Longen China Group and its supposed subsidiaries. Pretty much all we know about Longen, is from this bizarre blurb at the bottom of the Cytodyn press release:
And some people wonder why we lovingly call Cytodyn management the Klown Krew?
*Spelled thusly for a double dose of that sweet sweet stock pimpin’