CurAegis Technologies Inc (fka CRGS)

[SULAX]

The pump is 30 to 60 days behind schedule. They are still haven't delivered a product to the engineering school to do the testing. Talking offers when we don't even have a product to test.

Dino, I agree. Groundhogs day. Talking about offers without a tested product. Vintage JG.

"We are presently making adjustments to our new valve technology. Each change has shown improvement. We are focusing on performing at the maximum required operating conditions for the pump. We are confident that our targeted performance metrics can be achieved. Our goal is to create the most efficient pump on the market in a smaller, lighter and more economical package.

We have concepts for the variable displacement pump ready but at this time are focusing our efforts on the valve, which will be used in both pumps. We plan on testing portions of the variable displacement design with our current hardware. This will save us time and effort in the development of the variable displacement design.

We are making progress and are confident we will meet our goals. We are using advanced engineering tools and reference materials to assist us in our development. While developing new technologies, issues come up that are difficult to predict and unfortunately can affect our timelines. We are currently 30-60 days behind schedule. We are working hard to get the best product to Milwaukee School of Engineering for third party testing as quickly as possible.

Lastly we will be redesigning our website which should also be completed in the last quarter of 2015."