CurAegis Technologies Inc (fka CRGS)

[ShowMeThe$$$$$]

I've been around this company longer than I'll admit. Just haven't posted much in recent years because there hasn't been much happening. But things have/are changing, and as part of the change how's about we change the tone of this board.

I'm interested in opinions, thoughts, facts, figures, estimates, related local news, and national news stories that could impact our investment good or bad.

I'm not interested in the arguing and infighting with each other on this board about topics that have little if any bearing on the value of our collective investment in this company. And I'm tired of wasting my time reading through hundreds of useless posts only to read the few that have something worthwhile to contribute.

Moving on.....

Anyone see the TODAY show piece on Tuesday about the Drowsy Driver Study just released by AAA. It was picked up by most national and local news outlets by days end and was part of the NBC Nightly News that evening. I was smiling ear to ear because the timing of this study's release will only bring greater attention to an issue we're on the verge of having a solution for, which could prove very profitable for investors like ourselves. So I'm interested in talking about that issue and hearing from others on the board that have something to contribute to that conversation. The study concluded DROWSY DRIVING was as bad as DRUNK DRIVING. Here's a link.

http://www.today.com/health/driving-while-drowsy-may-be-more-dangerous-thought-t105640

I'm also noticing a change in SENTIMENT with regards to how the stock is acting and trading over the past month or so during which I saw an SEC filing that stated they'd done another money raise (the majority of which was from TG), there was a CEO Update (the first since Aug), and there was a Rochester Business Journal article that essentially reiterated what was said in the CEO Update. Collectively these 3 things appear to have provided the missing link to get the stock to at least temporarily break out above the $0.50 level which it's been unable to do for many months now.

I'm also encouraged by what appears to be 'accumulation' in of the stock over $0.50 over the past couple of weeks, which included a new 52 week high of $0.68 last week. The next hurdle for the stock price, based on my own analysis, would require it to break out above $0.78 where it peaked the last time around. But I'll be the most encouraged when I see the price close above its 5 year high of about $1.05. It seems reasonable to assume this could happen over the coming months IF the shares continue to be under slow accumulation AND the company starts taking orders for the watch. My GUESS is the first announced sales of the watch next year will provide the necessary catalyst to see this start to consistently trade back above $1 if it hasn't already. So I'm interested in others analysis, thoughts, opinions, and comments regarding your expectations for the stock price.

Lastly I'm encouraged by the 8 insiders that bought a combined $497.5k of the company's C-3 Preferred in Feb 2016. And I'm encouraged 2 of those insider have since purchased additional shares in the company's Convertible Note offering(Saunders $500k & Destler $100k), along with our TG ($1,170,000), who recently took his stake in the company to about 49.8% with his latest investment. This is the first time since I've been following the company that I've seen ANY insider buying like this. I'd like to hear from others regarding this topic if I'm missing something.

And then there's the issue of all the options that were handed out to get Kaplan and the BOD in 2010/2011.

When Kaplan took the job as CEO in 2010 he got options to buy 5.15 mill shares that vested as the stock price closed above certain prices, and which didn't require him to put any of his own personal money into the company. He's currently vested on only 3 million of those shares based on the stocks price action since his hire. But earlier this year Kaplan personally invested $225k in the C-3 offering thus adding another 900,0000 shares to his holdings. The question is why??? Why put your own money at risk when you've already got millions of shares/options??? I'm not sure of the answer. Maybe the company was in need of that money. Maybe it was purely for greed. Or maybe Kaplan knows things that we don't. I'm guessing it's a combination of those things, and others. But I'd like to hear others opinions on this as well.

Additionally, each board member received 250,000 options upon their hire that vested 25% annually. However my review of the SEC filings appeared to show they have expired worthless around Jan/Feb 2016. So the timing of all the insider buying in the C-3 offering as shown in all the 2-10-16 SEC filings was quite interesting to me as well. I didn't see where the company did anything to replace or extend the life of their options. But I did see 7 insiders other than Kaplan invest $272.5k to acquire almost 1.1 million shares for themselves. And that was before Saunders and Destler invested another $600k more recently which give them the right according to the Convertible Note to convert their investment into an additional 2.4 million shares PLUS an additional 240,000 shares that can be acquired through Warrants. And that offering is still outstanding, so I'll be watching closely to see if there's any further insider buying in the future.

When you add it all up.....

- the latest CEO Update
- the TODAY show piece on DRIVING DROWSY
- the change in SENTIMENT
- the stock under ACCUMULATION
- the insider BUYING
- AND the company being close to having a PRODUCT to sell

It adds up to a higher stock price, which should make everyone on this board feel better.

So let's change the tone, talk about the issues, and perhaps even get a little excited. Things are changing right in front of us, but to see them we need to stop looking at the company through our Torvec lenses, and instead starting using our CurAegis lenses.