New CEO?? Where is the old man going to get a new job if he leaves?? No where, that's why he'll need to be forced out.

New stock deal, you pay market for huge amounts of shares and they are available to sell instantly. This basically instantly dilutes the share pool, smooth move ex-lax. Way to build value for the select few, like usual.

Well now, we just need a real income and stop the fire sale share giveaway program.

$180,000, nice work team husky.

I feel the Company should enter BK on sept 30th, 2008. That should stop these guys from getting anymore money and reorganize the stock to issue new shares and make the old one's worthless. That way we can start the actual process to send the guy in charge to the old folks home & locate the new CEO we we're promised. Thank goodness he can't make a fountain of youth ssDNA/RNA/ vaccine, so we know this nightmare will end at some point.

Does anyone actually believe any of this wasn't planned??

The end is here.

P.S. He is working on the FOY (Fountain of youth) ssDNA at a local PRE-School school so Pre-IND's will begin in ~Q4, LOL.

They deserve a raise and more stock options for this chart, lol.

The keys are which shares do you hold, the new preferred one's or the old one's traded on the board. $.04 value now, wow how aweful.

This end is here.

There was some half truths in some of those posts as well.

The shareholders have been bored for 2 years.

Does anyone now expect this stock to go back up?? It's obvious that even the pumpers here are calling people names. This ship set sail already, for the iceberg.

I am going to buy several million shares on this news, sounds like this company is going places.

The old boys are looking for $800,000 severance pay, lol. Is that what high school diploma grdas earn in TX now?? lol. What a utter joke.


On January 25, 2007, the CytoGenix, Inc. (the “Company”) received from the U.S. Department of Labor a complaint filed on behalf of Lawrence Wunderlich, the Company’s former chief financial officer and a former director, claiming whistleblower status under the Sarbanes-Oxley Act of 2002. The complaint alleges (i) violations of securities laws and Nevada corporate law by officers, directors, consultants, contractors and shareholders of the Company and (ii) violations by the Company of Securities & Exchange Commission disclosure requirements.

The Board of Directors of the Company determined on January 29, 2007 to form a special committee to conduct an investigation with respect to the issues alleged by Mr. Wunderlich and take appropriate remedial action based on the outcome of the investigation. The members of the special committee are Raymond L. Ocampo, Jr. and John J. Rossi, Ph.D.

On December 4, 2006, Mr. Wunderlich and Frank Vazquez, the Company’s former chief operating officer and a former director, filed a complaint with the American Arbitration Association to recover over $800,000 in severance payments that they allege the Company owes them. A copy of this complaint is filed as exhibit 99.1 hereto and is incorporated herein in its entirety by reference. The foregoing description of the complaint is a summary only, and is qualified in its entirety by reference to such document. The Company disputes that Messrs. Wunderlich and Vazquez are entitled to severance payments. On November 20, 2006, the Company reported on Form 8-K (the “Nov. 20 8-K”) that Mr. Wunderlich had resigned and described the disagreements between him and the Company set forth in Mr. Wunderlich’s letter of resignation, a copy of which was filed as an exhibit to the Nov. 20 8-K. The Company and Messrs. Wunderlich and Vazquez have conducted negotiations regarding severance. The parties to date have failed to reach any agreement.

http://www.secinfo.com/d127Fq.uh.htm

I wonder if that arrogant tone in their voices has left all the old management's vocabulary. I hope their filing here:

http://www.secinfo.com/d127Fq.uh.d.htm#1stPage

In which they ask for bonuses and pay, gets agreed to the day the company runs out of money and the stock is at $.0000001 a shares. That way they can get $.06 / $.07 for all their stock, which is just about what they are worth.

I hear we made quite a hit in the far east, lol.

I heard at the SH meeting that we had financing in 90 days. Oh wait that was 3 years ago, my bad.

Whoever lends them money will not take the stock as collateral. $.05 stocks went out of favor after woolworth went under.

When your paying for friendship, you have no friends.

To say it in the nicest way in this dark hour, you and your cronies have basically needed a "brick / reality" to strike you on the head to realize the end is upon us.

My best advice is to let this go peacefully, call your accountant and plan out all the losses.

Finally reality strikes the pumpers, brick meet head.

I think that getting the SEC involved in anything related to the company was the last act of desperate men.

Is the fat lady singing yet?

Nice trading day today, not....

DOA.

Retirement..........Is not here.

What's else they have in common is both of their current jobs / income streams end at the close of 2008.

We paid the rap producer for his great work and to help produce his new star, "DNA" - Didn't Never Amount?

This stock has taken on alot of water, does anyone sane here think that short of a huge Reverse split that the price will go back up?

Padding the stats, which = 0 in real life and to anyone with a level 2 system / half a brain.

The stock was pretty close to a $.03 share price when those 2003 $.03 shares we're offered. There was also a large amount of risk in buying shares to a company that never really made any money but had what looked like it had alot of potential.

To this day, the company never really learned how to collect a check.

Life support, we're all just barely breathing.

Financing in 90 days, lol. Patents?? You mean the one that we have no money to defend or protect??

Prepare for a financial loss.

Astute, I have no idea who lead you to this stock or how you got in but let me point out some facts. These guys have announced at their own shareholder meeting that they WILL, not may or could but WILL have financing in 90 days. They have spoken of a institution investing in them many years ago as well and set time frames, we got 0.

This whole company has been floated by individuals targeted as accredited investors, which was expected by me and never a real problem. The real problem is the company itself is based on half-truths and lies, at least in my eyes. I heard the stories about greatness around the block and good things to come soon. I waited for many years for those things to come about. Then the story changed to new "better" products, which I accepted but did not like. I started hearing the same stories about how great the new products are and more stories about financing being close, this was years ago.

Now they plan on going back to the products they left on the shelf 3 years ago and now it's time to cure Herpes and forget about the building they have portrayed as a money making deal? They have forgone all of this time that the labs could of been cooking our goo to have us that many more years ahead of the game and expect us to wait for them to figure it out again?

They are lost and will never be found, ever. Everything they have ever done is based on seniality, lack of planning and ego. This company is going nowhere and if anyone told you that we are going to be getting financed or riding high soon, call the SEC. This con needs to end and soon.

I do not see the correlation here.

We should remove talk of all the things they talked about doing as well because none of them could come together anyhow.

Money is rolling fast out of the bank, the team has spent $30 M and gotten nowhere, they overpaid the help and have never had one timeline that actually came together in any way. The company is worth ~$8.6 M currently and needs to spend ~3 times that much to make it anywhere near a decent spot in a phase 2 trial.

So where is there to go from here?? 50 to 1 reverse split would make sense. That wouldn't affect the preferred shareholders, so what does it matter?

Sure buddy I'll pay $1.00 right now for all the shares I can get, LOL. Call your accountant and prepare for the loss.

Remember, never believe a husky fan.

~$30 Million in the tank, sad times.

$1 Million in salaries for this group? OMG, this company is so done.

It takes a real product and real money behind a company to get to the point of an IND. This company would rather spend a million plus building a useless facility than create a product for market. Everytime we fall on hard times we go back to Herpes and then diverse from there.

The only thing this company is going to produce now is shell of a building for use by someone who might do business there.

If you listened to me over a year ago you could of saved your money from paying an accountant.