For years now, everyone’s favorite reverse-merger pink sheet Coronacrapper, Cytodyn (CYDY), has been hyping up the potential for its only product, affectionately referred to as loserlimab, as a treatment for Graft versus Host Disease (GvHD). And as with all things Cytodyn, this has been only a string of ridiculous hype and broken promises.
The status of the GvHD trial is one of the topics in the company’s upcoming webcast on January 6, 2021:
[It should also be noted that there is no mention of the Philippines in this list, which is odd considering all of the hype in recent months. Unless, of course, one knows that all of that hype was easily disproven nonsense.]
As a preview of next week’s circus, let’s take a look at the history of the GvHD trial, and where it actually stands today.
For months now, everyone’s favorite reverse-merger pink sheet Coronacrapper, Cytodyn (CYDY), its CEO The NaDDir* and his klown krew, have been hyping up the potential for its only product, affectionately referred to as loserlimab, in the Philippines. As with all things Cytodyn, this has been just more ridiculous hype.
Recall when The NaDDir* was making the rounds of every Youtube doctors’ shows? Back on September 22, 2020, on something called the Dr. Been Show, The NaDDir* was not just positive, but VERY VERY positive about the Philippines:
Leave it to everyone’s favorite reverse-merger pink sheet Coronacrapper, Cytodyn (CYDY), its CEO The NaDDir* and his klown krew, to gift the world an absolutely stunning Christmas Eve Surprise in the form of a 7:45pm press release even more insane than their previous holiday stunners. The press release, like many, is designed to draw attention away from the real news, and instead focus the attention of inexperienced retail investors on some truly misleading hype. First the “shiny object” to distract:
Sadly, these morons have absolutely no clue what an Open Label Extension (OLE) is, and neither do their investors that are being pumped, dumped and chumped. The Klown Krew are claiming that the Open Label Extension will allow the company to enroll additional patients who will all receive loserlimab. This is NOT what an OLE is, nor what it allows. Here is some background reading on Open Label Extensions. From the British Medical Journal:
Given that CYDY constantly declares loserlimab is safe, why would they choose to do an OLE, when OLEs are meant to collect even more safety data? The article continues:
More from the Journal of Medical Ethicshere. And since the extension is open label, the data is almost certainly useless, as explained by Applied Clinical Trials, here:
As one now knows, an OLE is merely an, often shady, continuation of an existing clinical trial designed to collect safety data that allows all of the patients already enrolled in an existing trial the following:
Existing patients can choose to participate and thus are guaranteed to receive (or continue to receive) the study drug.
Existing patients can continue to be monitored past the study completion date.
Which of these two possibilities explains why Cytodyn would be asking the FDA for guidance on extending the much hyped CD12 trial of loserlimab in severe-to-critical Covid-19? According to The NaDDir* patients are only given loserlimab on days 0 and 7, they do not continue to receive loserlimab. From the October 20, 2020 CONference call:
This eliminates the first reason. Existing patients who choose to continue will not receive any more loserlimab, since they already received their two doses. Which leaves us with the second reason. The company is trying to find a way to continue to monitor patients after the 28 day mark. Why?
Perhaps because the DSMC asked for an analysis at 42 days. Recall back in October, when The NaDDir* explained they had to get 42 day data:
and then only a few weeks later, on December 10th, The NaDDir* abruptly changed his mind and announced that there would be no second interim analysis and no look at 42 days?
The OLE would allow for the company to continue to collect data past the 28 day mark. Our guess is that someone demanded the 42 day look and to save face Cytodyn is putting up a blatant smokescreen to distract people.
If that is the distraction, what is the real news that Cytodyn management is trying to bury? That is easy. Look at the bizarrely worded final statement from The NaDDir*:
Far from being the “amazing” trial that The NaDDir* announced, the CD10 trial of loserlimab in mild-to-moderate Covid-19 failed. Obviously. And completely.
[Did you know Cytodyn is being sued by a group of former directors? What to know why? See here and here.]
[Did you know Loserlimab has virtually no chance of ever getting an EUA in the United States? Want to know why? See here.]
[Did you know Cytodyn’s claims of non-dilutive financings (with notorious penny stock player John M. Fife) are complete bullshit? They are highly dilutive. Learn more here.]
* Spelled Thusly For A Double Dose of That Sweet Sweet Stock Pimping
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What ridiculousness are the stock promoting shills for everyone’s favorite reverse-merger pink sheet Coronacrapper, Cytodyn (CYDY), spewing in this holiday-shortened, and retail trader dominated week? Today it is some epic nonsense about a supposed Nasdaq “uplisting.” Say the shills:
The $4 level is referring to the Nasdaq’s $4 Minimum Bid Price requirement. The problem is that, barring epic improvements in Cytodyn’s financial situation by the time the current (February-ending) quarter ends, the company must meet the $4 minimum bid price test for 90 days, not 5. Which will require another 85 consecutive days of trading above the $4 requirement. Just look up the requirements for yourself at the Nasdaq’s website where you will find out that:
What nonsense is everyone’s favorite reverse-merger pink sheet Coronacrapper, Cytodyn (CYDY), spewing in this holiday-shortened, and retail trader dominated week? Today, the 22nd of December, comes a press release with a clearly misleading headline.
Hidden in the recent S-3 that everyone’s favorite reverse-merger pink sheet Coronacrapper, Cytodyn (CYDY), filed after the close on the 17th of December was an interesting paragraph providing more details on a transaction the company did back in March of this year. One may remember it from way back when the shares really started to catch the eye of bored, stuck-at-home, retail investors in the USA, and, somewhat inexplicably, Germany. The press release announcing the deal appears misleading at best, knowingly false at worst, and designed to sucker retail no matter what, especially given the conversion price was stated to be far higher than the market price at the time.
The deluded investors buying the shares would guess, given the scant details in the press release, that the note would be convertible into 3.333mm shares ($15mm/$4.50). The only true statements appear to be that Cytodyn completed a financing, someone invested, and there were no warrants attached. Everything else turned out to be untrue. All the details can be gleaned from this paragraph from the recent S-3:
Last Friday after the bell everyone’s favorite reverse-merger pink sheet Coronacrapper, Cytodyn (CYDY), filed a new Form S-3 revealing (as predicted) the supposedly “above market non-dilutive” deals with penny stock financier John M. Fife were actually highly dilutive forward-priced time bombs. Read about those deals here and here, and background about John here here and here.
We will explore that filing in more detail very soon. For the moment, however, we should not lose momentum in uncovering all of the dirty secrets The NaDDir* and his klown krew of kreme de la kreme managers don’t want investors to ever learn about. You know, the details in the lawsuit Alpha Venture Capital Partners LP v Cytodyn (CYDY), Pourhassan, et al. (Delaware Chancery Court 2020-0307-PAF) dated April 24, 2020. The one the company doesn’t properly disclose to investors, making it highly unlikely any of them would learn of its existence. Notice anything missing in this listing of legal proceedings involving Cytodyn?
While we all anxiously await today’s no-live-q&a CONference call by everyone’s favorite reverse-merger pink sheet Coronacrapper, Cytodyn (CYDY), let’s take a look at the status of their much-hyped “CD12” trial of loserlimab in severe-to-critical Covid patients.
For many months now, Cytodyn’s CEO, affectionately known in these parts as The NaDDir* and his Klown Krew have been talking up potential business in the UK. As early as April 27th, they made claims about starting the process for “Compassionate Use” of loserlimab, and starting trials, in the UK:
Then without much more from the company, this bizarre press release was issued on August 7th. No mention of the trials, and no mention of Compassionate Use, instead Cytodyn claimed they would submit their BLA for HIV and request Emergency Approval in the UK during August:
That was fast. Just last Friday we predicted everyone’s favorite reverse-merger pink sheet Coronacrapper, Cytodyn (CYDY) would need to spin a new yarn for its legions of rabid retail fans. With the likelihood of the delusional fantasy of an EUA for treating severe-to-critical Covid patients dropping to virtually 0% (read why here), the company has wasted no time in pivoting to the next nonsense. They have just issued a press release that could be the dictionary definition of the “post hoc ergo propter hoc” fallacy:
And the first patient, from prior CONference calls we know she is none other than The NaDDir’s* Mother-in-Law:
Notice what is missing from both patient anecdotes?
Although few of them might have realized it when they woke up this morning, but for the rabid retail fanbase of everyone’s favorite reverse-merger pink sheet Coronacrapper, Cytodyn (CYDY), today is the day their delusions about being granted an EUA for treating Severe-to-Critical patients with Covid-19 died.
Why? The answer is in section 564 of the Federal Food, Drug, and Cosmetic Act, as explained here:
