CryoPort Inc (CYRX)

[LongCYRX]

There is always risk when buying individual stocks. We are essentially saying we are smarter than the market. Time will tell if we are smarter than the market. If cyrx does hit you will earn more money than you would trading indexs or etf’s, but obviously you shouldn’t have your pension on CYRX and the earnings power wouldn't be present if it wasn't risky.

I personally believe Larry Stambaugh has done a great job and numerous things to get this company in the right direction. This by no means indicates success is in the bag, but I like the odds and what he has accomplished in the short 7 months he has been CEO. (PB was given 4 years and now some call out Stambaugh in less than a year after coming in with HUGE amounts of debt on the brink of collapse.)

He has Restructured debt, twice now which shows continued confidence in him and his plans going forward with Cryoport.

Raised over $1million through public offerings and warrant exercises, which is anticipated to continue.

Kept the burn rate under control, which is anticipated to continue.

Continued testing of the product to establish its credibility. Data logger release

Achieved an initial agreement with Fedex that clearly contained verbiage from Fedex about it’s confidence in the product and an indication of it’s belief in the future prospects of CYRX.

Brought in well qualified personnel throughout the company many of which must believe that there is success in the companies future, one of which (CFO) some how created net income for the company, albeit through accounting procedures. That is one smart accountant.

Established governance committee and updgraded the audit committee, both of which are needed to be uplisted.

Provided more shareholder communication than PB ever had.

Positioned the company very well for the future with respect to what customers perceive as a legitimate company.

I don’t think the trouble Stambaugh is having with getting financing has anything to do with the technology, I think it has more to do with mounting debt the has been accumulated over the years from PB’s reign and of which I believe Stambaugh will handle.

According to Tiger, most companies take 12 years to reach fruition and if you look at timing of Cryoports inception, that would put us right in line to be successful over the next 2 years.