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Posts huge revenue and net profit, no notes, no debts, great cash on hand, nsiders hold 469 million shares tiny float, concrete business..leave a look at recent financials
Anyone heard of any legal proceedings directed at Malcolm Skolnick from investors for his actions while ceo of CYGX?
Hey Paulness, I am just writing to say hello. Hope all is well. I have moved on and no longer dabble in risky stocks. This post brings up in me feelings of nostalgia, a certain melancholy. Hopes for riches like many of us had came to naught in the end. Regards also to others I met on this site over the many years I participated. Your friend, holycow (HC). (Occasionally, I am reminded of this experience at Starbucks when I look on my Hot Chocolate cup and it says in big letters HC).
Michael Skillern is going to prison
The first CEO of CYGX is on his way to prison for quite a long stretch after being found guilty of fraud, conspiracy, money laundering and mail fraud.
https://www.ice.gov/news/all
02/08/2016 Tampa, FL Financial Crimes
4 convicted for international fraud, money laundering scheme involving sale of gold Naadir Cassim, 40, of Barcelona, Spain, and Orlando; Jon Craig Nelson, 69, of Houston, Texas; Michael Skillern, 49, of Houston, Texas; and Adriana Maria Camargo, a/k/a Adriana Palomino, 37, of Barcelona, Spain; each face a maximum penalty of five years in federal prison on the conspiracy count, 20 years’ imprisonment on the money laundering conspiracy count and 20 years in prison for each mail fraud count.
Like father, like son
Ok...one more time...
Please explain how you are going to sell your shares of a company which have been delisted, which cannot be traded now and which will never be traded again.
Declare your complete loss and move on.
Tax filing season is near. To the knowledgeable people out there, should I or should I not sell and file a loss? Is there ANY possibility that this company is going to resurrect itself? I lost a lot of money (at least to me).
PVCT provectus looks to have great news in the beginning of November stock is being accumulated ,PV10 one of the most promising new drugs, they have a pfizer connnection . PS try to read up on it .
Been thinking of you and if you have some free cash this one looks good Geotraq GTRQ listen to the CEO and you may see what I see !
Hymel & Skolnick Back Together Again
The boys are getting the band together again. Mam 'o man....the BS these stock & patent shysters continue to pull.
http://www.4-traders.com/SIGNAL-ADVANCE-INC-15379634/news/Signal-Advance--The-State-Bar-of-Texas-Intellectual-Property-Section-Names-Dr-Chris-M-Hymel-Sign-20631185/
Former Director - Sertant
Former Director - Qbit
They'll all be back together again real soon with Cytogenix shareholders lost money a thing of the past.
Sertant Website
Perhaps this just has not been updated for awhile however the address for Sertant is different than what I listed from the other sources.
2437 Bay Area Blvd #281
Houston, Texas 77058
https://www.sertant.com/html/home.html
Though a different address the results are still the same.
https://www.google.com/maps/uv?hl=en&pb=!1s0x86409c49db22aba7:0xc1843865136c09ea!2m5!2m2!1i80!2i80!3m1!2i100!3m1!7e1!4shttps://plus.google.com/107859073228385324374/photos?hl%3Den%26socfid%3Dweb:lu:kp:placepageimage%26socpid%3D1!5s2437+Bay+Area+Blvd+%23281+Houston,+Texas+77058+ups+-+Google+Search&sa=X&ei=7aCLVYLCPNLU7Aa1p4j4AQ&ved=0CIMBEKIqMAo
A UPS store for a penny stock fraud and scam.
Qbit & Sertant
Please...are you people really serious ? This is the HQ and mailing address of Qbit and Sertant the purported owners of the failed and fraudulent ssDNA Cytogenix used to pimp its stock before collapsing into scandal, indictments, arrests and judgments.
https://www.google.com/maps/@29.736822,-95.572557,3a,75y,352.5h,90t/data=!3m6!1e1!3m4!1st-HUQqwzWhD5m4ire666Xw!2e0!7i13312!8i6656
11152 Westheimer, #118
Houston, Texas 77042-3208
http://finance.yahoo.com/q/pr?s=STNN+Profile
http://investorshub.advfn.com/Sertant-Inc-STNN-6596/
A UPS store, in other words a mail drop for a penny stock fraud and scam.
I guess that it's all over and that I lost all my money. Does anyone feel that there is any chance of this company resurrecting itself? Is it all over but the crying? Should I sell and claim the loss on my tax form? Or is there still a chance? Is there any, any chance? Come on people, I need some encouragement!
Interesting news. I always wondered what Vazquez and Wunderlich would do with the IP. The only way to get some value from cyto now is to own a little of Sertant.
Thanks for the update, the technology will hopefully be used ,but this will not help CYGX shareholders.
We are contacting you in advance of a marketing push because of your knowledge and background with ssDNA technology. We wanted you to know that the body of intellectual property has been protected, kept in tact, and up to date by Star Biologics which was recently acquired by Sertant, Inc. (OTC:"STNN"), see attached.
Sertant is licensing the ssDNA technology in a streamlined, efficient, and financially sensible way using technology adopted by NASDAQ Private Market. Please review our License Offer. Help us begin spreading the word.
I encourage you to become involved. Help us build strong business on ssDNA technology.
:LooWe are contacting you in advance of a marketing push because of your knowledge and background with ssDNA technology. We wanted you to know that the body of intellectual property has been protected, kept in tact, and up to date by Star Biologics which was recently acquired by Sertant, Inc. (OTC:"STNN"), see attached.
Sertant is licensing the ssDNA technology in a streamlined, efficient, and financially sensible way using technology adopted by NASDAQ Private Market. Please review our License Offer. Help us begin spreading the word.
I encourage you to become involved. Help us build strong business on ssDNA technology.:
ks like cygx is still alive...
I wonder how the shareholders....
are going to be awarded and distributed this bonanza of $102,725.56 ?
"The final judgment permanently enjoins Cowsert from violating Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder; prohibits Cowsert from acting as an officer or director of any public company; bars Cowsert from participating in an offering of penny stock; orders that he is liable for disgorgement of $91,000, representing ill-gotten gains, plus prejudgment interest of $11,725.56, for a total of $102,725.56; and imposes a civil monetary penalty of $191,000."
It will be interesting to see if someone slithers out of the shadows to try and recoup these funds from the SEC...for the shareholders of course...not for themselves personally. Never that.
CYGX: SEC Litigation:
http://www.sec.gov/litigation/litreleases/2014/lr23160.htm
Sure....there is still 'hope'.
You should know that there is still 'hope' because the SEC usually starts criminal proceedings on just nothing more than a whim.
Explain this to me...how do you plan to sell your now unregistered shares of Cytogenix when the selling of unregistered shares or the selling of shares which were once registered but whose SEC registration has been removed is a felony ?
Just thinking out loud, and we all know now that Scripps looks to be all in with Vantage and the NASA breath sensor for lung cancer ,people should realise that this is very big for our company ,the President of the board of VNTH is Dr. Steinhubl who also is the director of digital medicine at the Scripps Translational Science Institute, ,Very Very WOW!!!
VNTH is the stock to watch!
Aren't these just charges truthhurts, I can find no court decision/ruling on the matters? g
'Time will tell'
Time and the SEC have spoken....
'CytoGenix is now totally defunct.'
http://edgar.sec.gov/litigation/complaints/2014/comp-pr2014-140.pdf
I don't know any specifics gdepc, I checked CYGX here on IHUB the other day to see if any information had been posted in awhile and to my surprise there were current posts. I only know what I and others have posted here. So here we are and only time will tell. GLTU. g
"they are working hard to get CYGX listed again"
Really ?
Then wouldn't one of the simplest and cheapest things to get done be the reinstatement of Cytogenix's business license ? Its present status is 'Revoked' by the State of Nevada because it has neither submited a list of officers or paid its taxes & fees for 3 years.
Total cost for reinstatement ?
$2,900.00
https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=eKpsWl5%252fyNreChIMc8esvw%253d%253d&nt7=0
Cost to create and submit a list of officers ?
$0
So why hasn't this been done ? Its far easier than the paperwork the SEC wants to bring the company back alive and the SEC certainly would want to see the business registration status first thing before they start.
So I ask again....why hasn't it been done ?
I'll tell you why...because all this talk of resurrecting this stock fraud and scam, of unnamed people working behind the scenes doing undefined things is horse cak-cak.
But I am sure that Doug Nelkin would like to sell you some new company's stock and fairy tale ;)
Looks like the major shareholders see this as a green light to try to start up CYGX again, they are working hard to get CYGX listed again,from a recent Email I got, I am also thinking that the retrieval of the patents that were given to the insiders in a small local court, will be on the top of the list of things to do ,a deal would be good for all concerned .
WOW checking in and saw the Plummer Cowsert news.
Did Cowsert loose our patents?
Thanks truthhurts, for posting this information. It looks like these charges where just filed on (July 18,2014). I will wait until we get some sort of ruling from the court, by some miracle the defendants may land on their feet and CYGX my rise from the ashes, highly unlikely, but it cost us nothing to wait and see. GLTU. g
"Some of the major stockholders.....
and the Board of Directors of Cytogenix"
Really? What Board of Directors ? Please name them.
Gee...what does the SEC say about Cytogenix....
CytoGenix is now totally defunct.
http://edgar.sec.gov/litigation/complaints/2014/comp-pr2014-140.pdf
Thanks Pauless and you too. g
Yes I also received my email with the same content not exactly but hopefull , we can just hold and pray at this point. Good luck.
Thanks Paulness for the contact information. I e-mailed Doug Nelkin yesterday (Aug.8, 2014), he was very prompt with a reply as he responded back to day. I inquired of him if the CYGX was still a viable entity or if the company was basically history. I have held (CYGX) stock for many years and wanted to know if I should still hold on to them. Here is his e-mail back to me:
(Thank you for your continued interest in Cytogenix. Some of the major stockholders and the Board of Directors of Cytogenix are working hard to make Cytogenix a viable company once again. At this time, I would try to be a little more patient and hold your shares.)
Hope this helps some here. I'll hold them a little longer just to see what happens, I can't see where it will hurt to wait a little longer. Hope all here are doing better in your other endeavors and GL. g
Doug Nelkin & Fraud
Now that the ex-CEO of Cytogenix is going to be convicted and going to jail with Mr Plummer.
It is just more than coincidence that he and the proposed savior Doug Nelkin are both from CT. Here's a little history on Doug Nelkin and family ;
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=27455619
Remember the CYGX stock pumps involving BioXcel & TaiwanCobia ?
Here's a miraculous coincidence ;
Vimal D & Rooma D Mehta of Bioxcel
47 Leighton Trl
Guilford, CT 06437-4333
(203) 453-6525
Mr. Cory Huang of Taiwan Cobia
Cory Huang
570 Moose Hill Rd
guilford, Connecticut 06473
United States
886930096263
Mr. Douglas Nelkin, Cytogenix fundraiser and stock pimp
Name/Title:
DOUGLAS NELKIN MEMBER
Business Address:
570 MOOSE HILL ROAD, GUILFORD, CT, 06437
By the way....it looks like another ex-CEO of Cytogenix, Mike Skillern, is also heading to prison ;
http://www.justice.gov/usao/flm/press/2014/Mar/20140303_Cassim.html
Bird of feather fly together.
Sent an Email still nothing yet.
So Paulness...
Did you try to reach out to that guy? If so what did he say?
You are correct.
Doug Nelkin, is acting as a point of communication with other shareholders who have questions about the proposed directors and plans for the company. Doug’s contact information: (203) 668-4056, dougnelkin@yahoo.com.
In April of 2013, you posted the contact info in post #64,384 of Doug Nelkin. Not sure if he is the point of contact anymore, but feel free to share what you find out.
Does anyone know if the investors that are trying to get CYGX started again are still working to do so , I can't take the loss until I know all hope is lost.
Ok, does this mean that my CYGX stock is worthless? Is all hope lost? Should I finally sell and be done with this nightmare? Any advice would be helpful. BUT please, no more lying, manipulating, pumping! Only the truth... this time.
Thank god - I always liked Plummer the actor!
13. Plummer, age 53, was CEO of Franklin and affiliated entities known as Franklin Energy and Madison & Wall Investments, LLC ("Madison & Wall") during the relevant period.
He resided in Old Lyme, Connecticut prior to his incarceration in federal prison, where he is serving a 51-month sentence imposed on October 15,2012 after he plead guilty to conspiracy and wire fraud charges brought by the USAO for unrelated conduct dating back to 2007. His criminal history includes two prior convictions for fraud-based offenses.
Christopher Plummer
Film actor
Arthur Christopher Orme Plummer CC is a Canadian theatre, film and television actor. He made his film debut in 1958's Stage Struck, and notable film performances include The Sound of Music, The Night ... Wikipedia
Born: December 13, 1929 (age 84), Toronto
https://www.google.ca/search?client=opera&q=christopher+plummer&sourceid=opera&ie=utf-8&oe=utf-8&channel=suggest&gws_rd=ssl
Is that Plummer the actor?
The SEC alleges that Christopher Plummer teamed up with the CEO of CytoGenix, Lex M. Cowsert, to defraud investors with extravagant claims about the microcap company’s revenue and other benefits flowing from a “shared revenue agreement” with Franklin Power & Light, an electricity provider supposedly operated by Plummer. However, Plummer’s entity was a complete sham, CytoGenix had actually lost all of its vaccine patents and other intellectual property in a lawsuit, and Plummer and Cowsert stole proceeds of CytoGenix stock offerings that they told investors would be used for energy production projects and other corporate purposes.
SEC Charges Penny Stock Company CEO and Purported Business Partner for Defrauding Investors With False Press Releases
FOR IMMEDIATE RELEASE
2014-140
SEC complaint
http://www.sec.gov/litigation/complaints/2014/comp-pr2014-140.pdf
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370542330146#.U8lz6lY79tI
gdepc ,did you hear anything about CYGX , does this company have any hope of getting back in business . thanks
Did you see what VNTH is doing ?
Did you ever look into PVCT Provectus looks like PV10 provectus compound is very good at killing cancer cells and it is safe to use, could be a win win . You can always get in again when more news comes out keep an eye on CTSO, PVCT , VNTH ,
Paulness, things sometimes change. My experience in the end was bitter. I am trying to learn.
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CytoGenix, Inc.
Phone: (830) 632-5944
Fax: (830) 632-5944
CytoGenix is a Nevada public corporation traded under the symbol CYGX.PK.
http://www.pr-inside.com/cytogenix-inc-to-become-sec-compliant-r2160873.htm
Email: info@cytogenix.com
Our Transfer Agent is Nevada Agency and Trust Company. Shareholders of record with questions about lost certificates, notification of change of address, or other matters should contact:
Nevada Agency and Trust Company
50 West Liberty, Suite 880
Reno, Nevada, 89501
(775) 322-0626 Telephone
(775) 332-5623 Fax
www.natco.org
CytoGenix, Inc. is a Houston-based biopharmaceutical company pioneering the new field of gene based medicine and is focused on developing innovative vaccines and therapeutic products using its three proprietary technology platforms: synDNATM non-bacterial production methodology, single stranded DNA (ssDNA) expression, and oligonucleotide based anti-bacterial technologies. CytoGenix currently holds 13 granted patents and 57 international or US pending patent applications claiming methods and materials in connection with these platform technologies.
SAFE HARBOR: Except for statements of historical fact, the statements in this press release are forward-looking. Such statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include, but are not limited to, general economic conditions, risks associated with the acceptance of new products, competition, and other factors more fully detailed in the Company's filings with the Securities and Exchange Commission. Additional information about CytoGenix and its technology can be found on the website at www.cytogenix.com.
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