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No they did mean 3rd quarter 2017. This will help explain the delay...
CEO Update - December 2017
12/6/2017
Dear Shareholders,
The CURA™ Division
As previously reported, we have moved the management and responsibilities for the development of our CURA platform in-house. Our new head of development has taken the last 60 days to analyze what we have and what we have to accomplish to get our technology “product ready”. This has not been an easy task but we have made good strides. Although we have already begun some programs, we have moved our dates for most of our pilots from the fourth quarter to January, using what we can of our existing platform. Our pilot companies have been understanding and are looking forward to starting. The big news is that we are changing the structure of our existing CURA platform and are pursuing an aggressive timeline to create a new, robust platform that will meet our customers wants and needs. We are hoping to have this offering done and ready to deliver in March or April. This coincides well with the end of our pilots that we hope to convert to large sales. This will serve both our corporate and consumer markets.
It must be stated that we know we have been very bad in estimating our dates for the CURA division. Our estimates have been based on information from the developers. Now that this responsibility has moved in-house I am hopeful that there will be significant improvement in our forecasting and performance.
Aegis™ Division
As reported, we are very excited regarding the testing of our pump and motor technologies. Our plans are to license these to existing companies. We have scheduled and will continue to schedule meetings with some very large corporations who have expressed interest. We will keep you posted as this process continues.
Corporate
We are continuing our fund-raising activities and have raised over $2.4 million. We are cautiously optimistic on reaching our goal of $4 million.
As I have previously stated, start-ups are messy and go through many difficult times on their way to success. CurAegis is not an exception to this rule. Even though we have two potentially world-changing technologies, their implementation is never easy. I very much appreciate your patience and that you continue to share our confidence in our future.
Thank you.
Richard A. Kaplan CEO
See what you mean about posts Sammy ugh!!! Very little discussion about the company going forward.
CEO Update - December 2017
12/6/2017
Dear Shareholders,
The CURA™ Division
As previously reported, we have moved the management and responsibilities for the development of our CURA platform in-house. Our new head of development has taken the last 60 days to analyze what we have and what we have to accomplish to get our technology “product ready”. This has not been an easy task but we have made good strides. Although we have already begun some programs, we have moved our dates for most of our pilots from the fourth quarter to January, using what we can of our existing platform. Our pilot companies have been understanding and are looking forward to starting. The big news is that we are changing the structure of our existing CURA platform and are pursuing an aggressive timeline to create a new, robust platform that will meet our customers wants and needs. We are hoping to have this offering done and ready to deliver in March or April. This coincides well with the end of our pilots that we hope to convert to large sales. This will serve both our corporate and consumer markets.
It must be stated that we know we have been very bad in estimating our dates for the CURA division. Our estimates have been based on information from the developers. Now that this responsibility has moved in-house I am hopeful that there will be significant improvement in our forecasting and performance.
Aegis™ Division
As reported, we are very excited regarding the testing of our pump and motor technologies. Our plans are to license these to existing companies. We have scheduled and will continue to schedule meetings with some very large corporations who have expressed interest. We will keep you posted as this process continues.
Corporate
We are continuing our fund-raising activities and have raised over $2.4 million. We are cautiously optimistic on reaching our goal of $4 million.
As I have previously stated, start-ups are messy and go through many difficult times on their way to success. CurAegis is not an exception to this rule. Even though we have two potentially world-changing technologies, their implementation is never easy. I very much appreciate your patience and that you continue to share our confidence in our future.
Thank you.
Richard A. Kaplan CEO
Average trade price today .307845 cents. Yesterday close .3101 cents.
Buyers and sellers.....
Dino
He and She who laughs last laughs the hardest.
Curaegis going forward looks great to me.
Dino
Man sentenced to 365 days in jail over drowsy driving death
By Amy Macavinta staff writer Jan 2, 2018
A woman ran sobbing from the courtroom Tuesday before the judge could utter the entire sentence for the man convicted of causing her husband’s death in a drowsy driving crash in 2014.
Kalin Menlove-McGinni, 25, was ordered to spend 365 days in the Cache County Jail, with credit for time served and work release after six months on the conviction of attempted manslaughter, a third-degree felony.
“This isn’t a case of a person who was up and down with a sick child one night or who didn’t get a good night sleep … this man knew he was a risk but chose to get behind the wheel anyway,” said Cache County Victim Advocate Terryl Warner. “Co-workers warned him but he didn’t listen, and as a result, a man died; a man who was a husband and a father of three kids. His family suffers every single day with their loss.”
Menlove-McGinni was driving home to Preston on Sept. 25 after working the night shift and sleeping just three hours in a 72-hour period. His coworkers tried to get him to get some sleep before he went home, but he insisted he could make the drive.
According to the Utah Highway Patrol, Menlove-McGinni rear-ended a Jeep in the northbound left-turn lane at the intersection of State Route 61 and State Route 91.
The impact forced the Jeep into the southbound lanes, where it was then struck by an oncoming truck.
The driver of the Jeep, 42-year-old Leigh Purser, was killed as a result of the crash, leaving his wife Monica to raise their children alone.
According to defense attorney Camille Neider, Menlove-McGinni suffers from a mental condition that was undiagnosed at the time of the crash. Among other things, this affects his need for sleep, she said.
She asked the court to stick to the 120-day jail sentence recommended by Adult Parole and Probation, but prosecutor Spencer Walsh was pushing for a prison sentence of zero to five years.
During sentencing Tuesday, Judge Kevin Allen acknowledged the sentence imposed might sound offensive to the Purser family and said it wasn’t meant to be.
“What we do in the courtroom does not take place in a vacuum — there is real-life pain outside of the courtroom, and what we do here cannot relieve the pain,” he said.
In addition to the jail time, Allen ordered Menlove-McGinni to complete 60 hours of community service, to include pubic presentations about drowsy driving. He has also been ordered to complete a victim empathy court, moral reconation therapy and a mental health evaluation, along with the recommended treatment.
prophet96 "Money scam" versus
12/6/2017
Dear Shareholders,
The CURA™ Division
As previously reported, we have moved the management and responsibilities for the development of our CURA platform in-house. Our new head of development has taken the last 60 days to analyze what we have and what we have to accomplish to get our technology “product ready”. This has not been an easy task but we have made good strides. Although we have already begun some programs, we have moved our dates for most of our pilots from the fourth quarter to January, using what we can of our existing platform. Our pilot companies have been understanding and are looking forward to starting. The big news is that we are changing the structure of our existing CURA platform and are pursuing an aggressive timeline to create a new, robust platform that will meet our customers wants and needs. We are hoping to have this offering done and ready to deliver in March or April. This coincides well with the end of our pilots that we hope to convert to large sales. This will serve both our corporate and consumer markets.
It must be stated that we know we have been very bad in estimating our dates for the CURA division. Our estimates have been based on information from the developers. Now that this responsibility has moved in-house I am hopeful that there will be significant improvement in our forecasting and performance.
Aegis™ Division
As reported, we are very excited regarding the testing of our pump and motor technologies. Our plans are to license these to existing companies. We have scheduled and will continue to schedule meetings with some very large corporations who have expressed interest. We will keep you posted as this process continues.
Corporate
We are continuing our fund-raising activities and have raised over $2.4 million. We are cautiously optimistic on reaching our goal of $4 million.
As I have previously stated, start-ups are messy and go through many difficult times on their way to success. CurAegis is not an exception to this rule. Even though we have two potentially world-changing technologies, their implementation is never easy. I very much appreciate your patience and that you continue to share our confidence in our future.
Thank you.
Richard A. Kaplan CEO
Terrific post Jay Arr.... << "Buffet would also not continue to own stock in a company that he did not have confidence in the management">>
Aegis™ Division CEO update 12-6-17
As reported, we are very excited regarding the testing of our pump and motor technologies. Our plans are to license these to existing companies. We have scheduled and will continue to schedule meetings with some very large corporations who have expressed interest. We will keep you posted as this process continues.
"We will keep you posted as this process continues" is primarily why I am excited. Wonder when we hear next.
I know I am mocked and belittled HERE, I cry myself to sleep. L0L......
Life is good,
Dino
The excerpt illustrates why insurance companies would have an interest in the technology.
This is an exert from a published article posted on CRGS Facebook today
<< higher rates of accident and injury, and greater reliance on health-care services -- more doctor and hospital visits, higher prescription and over-the-counter sleep and other medication use."
It's a problem that's hard to fix, since the reasons people don't get enough sleep can vary. >>
Thus the interest from insurance companies.....
Courtesy alert to sellers/disgruntled from your good friend Dino.
There are 30,000 shares at .25 6,895 at .252 4,000 at .265 all available at a push of a button. Do not be afraid...
Trucker, let's try to turn our frowns upside down, at least until we hear what we hear at this June's annual meeting. I am remaining happy concerning CRGS until then. I bought more at .28 on 12-19-17. I hope too one day have a dinner with you and yours.
Life is good,
Dino
I for one can't blame you. Here's to a better 2018 AGREED.....
Dino
Torvec7 Thank you for your reply to my post. My mailbox is always full.
All I will reply back is that when I felt like you I sold my shares
I am a buyer now.
12/6/2017
Dear Shareholders,
The CURA™ Division
As previously reported, we have moved the management and responsibilities for the development of our CURA platform in-house. Our new head of development has taken the last 60 days to analyze what we have and what we have to accomplish to get our technology “product ready”. This has not been an easy task but we have made good strides. Although we have already begun some programs, we have moved our dates for most of our pilots from the fourth quarter to January, using what we can of our existing platform. Our pilot companies have been understanding and are looking forward to starting. The big news is that we are changing the structure of our existing CURA platform and are pursuing an aggressive timeline to create a new, robust platform that will meet our customers wants and needs. We are hoping to have this offering done and ready to deliver in March or April. This coincides well with the end of our pilots that we hope to convert to large sales. This will serve both our corporate and consumer markets.
It must be stated that we know we have been very bad in estimating our dates for the CURA division. Our estimates have been based on information from the developers. Now that this responsibility has moved in-house I am hopeful that there will be significant improvement in our forecasting and performance.
Aegis™ Division
As reported, we are very excited regarding the testing of our pump and motor technologies. Our plans are to license these to existing companies. We have scheduled and will continue to schedule meetings with some very large corporations who have expressed interest. We will keep you posted as this process continues.
Corporate
We are continuing our fund-raising activities and have raised over $2.4 million. We are cautiously optimistic on reaching our goal of $4 million.
As I have previously stated, start-ups are messy and go through many difficult times on their way to success. CurAegis is not an exception to this rule. Even though we have two potentially world-changing technologies, their implementation is never easy. I very much appreciate your patience and that you continue to share our confidence in our future.
Thank you.
Richard A. Kaplan
12/6/2017
Dear Shareholders,
The CURA™ Division
As previously reported, we have moved the management and responsibilities for the development of our CURA platform in-house. Our new head of development has taken the last 60 days to analyze what we have and what we have to accomplish to get our technology “product ready”. This has not been an easy task but we have made good strides. Although we have already begun some programs, we have moved our dates for most of our pilots from the fourth quarter to January, using what we can of our existing platform. Our pilot companies have been understanding and are looking forward to starting. The big news is that we are changing the structure of our existing CURA platform and are pursuing an aggressive timeline to create a new, robust platform that will meet our customers wants and needs. We are hoping to have this offering done and ready to deliver in March or April. This coincides well with the end of our pilots that we hope to convert to large sales. This will serve both our corporate and consumer markets.
It must be stated that we know we have been very bad in estimating our dates for the CURA division. Our estimates have been based on information from the developers. Now that this responsibility has moved in-house I am hopeful that there will be significant improvement in our forecasting and performance.
Aegis™ Division
As reported, we are very excited regarding the testing of our pump and motor technologies. Our plans are to license these to existing companies. We have scheduled and will continue to schedule meetings with some very large corporations who have expressed interest. We will keep you posted as this process continues.
Corporate
We are continuing our fund-raising activities and have raised over $2.4 million. We are cautiously optimistic on reaching our goal of $4 million.
As I have previously stated, start-ups are messy and go through many difficult times on their way to success. CurAegis is not an exception to this rule. Even though we have two potentially world-changing technologies, their implementation is never easy. I very much appreciate your patience and that you continue to share our confidence in our future.
Thank you.
Richard A. Kaplan CEO
CurAegis Technologies has redefined the fluid power industry. The result is the Aegis Pump and Motor — a major breakthrough in fluid power technology.
We’ve eliminated the rotating piston group (the piston block is stationary), making the unit tremendously powerful and easy to manufacture. The piston block acts as a housing, shrinking the overall diameter by as much as 1/3 compared to traditional technology. Utilizing a rotating swash plate reduces rotational inertia that is up to 1/3 that of conventional designs, which provides for greater speed characteristics.
The Aegis Pump and Motor, with patented valving and rotating swashplate technology, is innovatively designed to deliver greater efficiencies, during peak and off-peak operation, in a package that is smaller, lighter, and quieter than current offerings.
Features and Advantages:
Higher overall efficiency
Greater power density
Smaller footprint
High reliability
Long service life
Ease of service
Lower noise
Lower friction losses
Enhanced suction characteristics
Reversible drive; configurable as pump or motor
OVERCOMING CHALLENGES THROUGH INNOVATION AND TECHNOLOGY
The development of our hydraulic pump and motor has taken on added significance in light of recent U.S. government emissions regulations for off road diesel engines. These regulations require diesel engines to pollute less. To help achieve these new standards, it is necessary for diesel engines, and thus the hydraulic pumps, to run at lower rotational speeds. This requires larger displacement pumps to be installed to compensate for the decrease in rotational speed. Among other advantages, the unique technology of our hydraulic pump allows a larger displacement pump to fit into the same or smaller footprint than that of existing pumps. This enables manufacturers to keep the current equipment layout without the need for expensive modifications to accomodate larger units.
Cornbread I guess you missed the word extra in my post.
"extra special this year" as opposed to:
If you have your health and family about.. it is a special Christmas.
Dino
Bid .29 Ask.33 Seems as thou selling volume has stopped from that slide from 70 cents a short time ago. No CHRISTMAS MIRACLE again this year. After all that excitement raised at the June annual shareholders meeting I thought for sure Christmas time was going to be extra special this year.
Merry Christmas from,
Dino
Over 3 years ago... when I was liquidating TOVC while I openly posted that I was a disgruntled TOVC shareholder.
I hold a position in CRGS now.
Dino
Sulax I rarely respond to you, but would you be so kind as to post the dates and MY POSTS in their entirety.(the ones you selectively and partially posted of course). I do not know what value they serve today but it would be nice to look back at the dates and the posts in their entirety. I believe I made them when liquidating a large position in TOVC years ago when I openly posted that I was a disgruntled TOVC shareholder.
I hold a position in CRGS now.
Your time and dedication to this message board does not go unnoticed.
Thank you for spending the time researching my posts of years past.
Dino
Your Sunday morning December 2017 SPAM report has just been issued. JIM, the watch future, and the commons. MORE TO FOLLOW.
I am just going to breathe in breathe out and not move on until I want to. This is exerted from the latest CEO Update:
"As I have previously stated, start-ups are messy and go through many difficult times on their way to success. CurAegis is not an exception to this rule. Even though we have two potentially world-changing technologies, their implementation is never easy. I very much appreciate your patience and that you continue to share our confidence in our future."
Thank you.
Richard A. Kaplan CEO
software platform. noun. a major piece of software, as an operating system, an operating environment, or a database, under which various smaller application programs can be designed to run.
<< The big news is that we are changing the structure of our existing CURA platform and are pursuing an aggressive timeline to create a new, robust platform that will meet our customers wants and needs. >>
Thanks for the sincere response Trucker. I only get past events 24/7 spam responses 90 per cent of the time when I post here. Sure hope there is a mental heath detection. Breath in Breath out.......
I will call the company to get a clarification on my platform question if I do not get a clarification from this message board.
Dino
Can anyone help me understand this..... The big news is that we are changing the structure of our existing CURA platform and are pursuing an aggressive timeline to create a new, robust platform that will meet our customers wants and needs. We are hoping to have this offering done and ready to deliver in March or April.
Dino
The company has NEVER SAID they would not be there in January.
<< Not going to CES would be a huge mistake >>
I am not willing to run with the message board fodder posted here about CES or other.... This message board can be a very poor place to get accurate information about the company.
Dino
I guess I am confused on what exactly "new platform" means/entails.
Is it adding mental illness detection etc. etc. to the watch capabilities or some other meaning?
NEW PLATFORM ?????
Dino
I agree Oakie .... If you believe in the 2 products and you also believe funding will not be a deterent, this price per share will be viewed as a missed opportunity months from now.
<< There is nothing disastrous or inconsistent in the last 2 CEO updates. So the downward price reaction today is not fundamentally warranted IMO.
Easy for a party with an agenda to manipulate the stock's price if it currently trades in a thin, illiquid market too >>
Dino
I am confused as to the reasoning why it would be suggested by posters that CRGS will not attend the CES in Las Vegas this January.
It least it is not the usual 24/7 spam posted here. It is something new to discuss.
Dino
(1) Kaplan continues to believe we are on our way to success (2) funding will be there.
Always nice to be updated with company news.
Dino
IMO money will be raised at .333....
<< "the possibility of having to shut down" <<
No shut down.
Dino
I am with you staying on the positive side of things Oakie.
<< with CURA pilots converting to customers, and the "major PR agency to assist in our launch", notably including the myCadian CURA App for Apple and other watches, especially with the upcoming CES in Vegas in early January -- well, we have some identifiable catalysts in the very near future. >>
Dino
610,309 shares traded since October 27th. 60 cent close.
This # does not include todays additional 68,648 shares traded....
Trucker, IMO there are probably only a handful or a little more who own enough common shares to make a dent from .70 to .30.
I just hope the selling is done. I hope that another shoe does not drop, messing with the company's ability to raise funds.
Dino
He who laughs last...laughs the hardest No telling how this ends.
Even around the clock postings will not decide CRGS fate. Either Dick gets it done or he doesn't.
Dino
Makes me sick also Torvec7. I hope we hold .30. I am concerned about manipulation at this price point.
Dino
Now is the time to go for the throat manipulators....
Dino
That is where we differ Oakie. The dilution is necessary
"I'm not going to be thankful for unnecessary dilution that I don't benefit from"
No one has the market cornered for being upset/angry/frustrated with recent events, but making poor decisions going forward will benefit no one.
Dino
100 percent correct Jay.... "If they don’t keep the cash coming in, nothing else matters"
Tough for a CEO to make phone calls asking for 50 cents when the stock price is 32 cents. This is the sad truth of the matter. The delays have proven to be costly. Every business minded individual knows time is money.
These delays may have put CRGS in a precarious position. I just hope there are no nefarious forces out there ready to bring the company to its knees by bringing the stock price below .333
Dino
Clearly CRGS (Kaplan) has missed the projected time frames so there was no choice but to do the .333. The only thing I am bothered by is the additional wait time. At what price glory
Dino,
Life is good
I bought 3,215 shares at .34 this morning.....
Let us never forget.....
"Every man has a right to his own opinion, but no man has a right to be wrong in his facts”. Bernard M. Baruch (1870-1965)
<< GS wrote a check for $60,000 to convert 250,000 Class C preferred shares into common in December >>