old
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
NN- the audience for this sham must be getting pretty small if your suggestion has merit.
Arnold, the thing that comes to my mind after considering the history of cygx, the mgmt, past and present, and the solicitors is that it may NOT be as it 'appears'.
How it is happening......
How it should be happening....
OpGen, Inc. the leader in microbial genome analysis today announced a strategic investment and development agreement with In-Q-Tel, the independent strategic investment firm that identifies innovative technology solutions to support the mission of the broader U.S. Intelligence Community.
The main problem as I see it however is that "In-Q-Tel's Board of Trustees places a high priority on ethics and integrity, and the company has adopted rigorous procedures to ensure compliance with business ethics and all applicable laws and regulations. In addition, In-Q-Tel has independent public accountants from a "big four" firm who annually audit In-Q-Tel's financial statements and review In-Q-Tel's internal management and financial controls and procedures". Wouldn't this be nice for a change.
I don't think MS and the boys could handle such scrutiny.
So be it - Here is link to a company that works with govt agencies and actually gets things done. If MS is not to busy, you may suggest that he take a look at this organization. If in fact cygx is not a total scam and there is something that, in the hands of qualified people, can be derived from the "intellectual property", lol, then it might be worthwhile.
http://www.iqt.org/
In-Q-Tel concentrates on four broad commercial technology areas:
Application Software and Analytics
Biological, Chemical, and Nanotechnology
Communications and Infrastructure
Embedded Systems and Power
HC- I need to send you something but dont know your email. At your convenience, would you contact me.
Happy Holidays back at you HC. Hope you are well.
MS is the only buyer it would appear. He is the only one left he can convince.
Another buy by MS.
CytoGenix, Inc. Common Stock 11/15/07 11/20/07 P 30,000 A $0.25 2,398,123 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Malcolm Skolnick 11/21/07
HC, again I ask, based on your following statement regarding our Moses, "always trying to overcome obstacles as they develop". At age 70 and a full career, please list the obstacles he has overcome and the success he has realized. Please exclude raising funds. I was thinking along the line of patents granted by the patent attorney. "
Moses lead the Isrealist througout the desert for 40 yrs. He never walked in the promise land. Sounds familiar.
Stating the PP closing date as a day after the 10Q buys the slimballs another 14 weeks before having to announce the results of the PP. If they were only able to raise a reduced amount at a heavily discounted price, (.05), my guess is that we would have seen a more than avg. sell-off and the pps would have taken a big stride back. That would make it harder for the slithery, diceitful solicitors to do their dirty work and protects their free shares.
HC, "and he will be taking all shareholders along". So you can state emphatically that he will never utilize his preferred ownership to profit before common shareholder. Pretty bold.
HC, "always trying to overcome obstacles as they develop". At age 70 and a full career, please list the obstacles he has overcome and the success he has realized. Please exclude raising funds. I was thinking along the line of patents granted.
From CYGX's current office to the location in the Woodland where Dr. Weiner is doing his work (perfectly viable manufacturing facility), is about a 30 minute drive. As for the stealing of technology, as we speak, that would appear to be like stealing a flat tire.
hc quoted ref MS " I figure that he thought it was simply a good investment". So did I at one point but this company takes 3 steps backward for every sidewards step. For every event that is forcasted, a dozen go by the wayside. For every deal they make, multiple lawsuits are filed to undo the deal. In order to facilitate the demand of company technology, build a factory! What? Demand for company technology has gone down quarterly since introduced.
MS's purchase of open market shares was only another attempt to give false impression of confidence, IMO. When I asked MS 5 months ago about the manufacturing facility in the woodlands and if was adequate for the production needs of cygx, do you recall his answer? Well, if synDNA sells continue to grow at this pace, do you think he may want to reconsider his answer?
Brilliant!
D8, I am quickly coming to believe that there is no product, there never was a product that could be moved into testing, and that keeping this biological breakthrough in the 'next year position' is what this always been about. Look at the total dollars raised over the past 10 yrs. What, near 20 million. How many people have been dressed and feed by that 20 million. Not very many. And poor old Chen, just sitting there content to let MS fiddle away any patent opportunity the company may benefit from. NOT.. I think it best said by Kanc...We're SKE-REWED.
Double talk Holycow. ^^"2007 will be a yr of transition for Cytogenix,... one from a research and development company to a sales and marketing company"^^MS 'Letter to the Suckers' circa 2006. So which is it? Whichever one can peddle the easiest I imagine.
Consider this BW, If in fact cygx sells the remaing balance of authorized shares via the ol 'stock giveaway-waive the 144 restriction-sell stock for cash flow' method, (BTW,I don't think they teach this method at Wharton), to stay afloat over the next few years, we already know what MS will do to keep the fire going.
As before, he'll just request the authorization to issue another 150 million shares via proxy vote and WHAMO, the printing press is back in business. He and his croonies, yes you, have majority ownership and will vote whatever way they see fit. They don't give a rats a$$ about my or your stake in this microscam. This company is nothing more than a whopper of a story, misinformation, greed, and solicitors who understand that greed blinds both wisdom and commom sense and are willing to peddel the whole basket of BS.
MS should be thrown out if for nothing more than going forward with the building based on the revenue projections he would have had at the time. He knows there is no need for the building. He just needs the story. He just needs this POS to not get delisted.
Ska-Rewed, great way to put it Kanc...
With all due respect WFC, I don't think your figures follow commonly accepted accounting procedures. More like the cygx accounting. lol. Maybe you spent to much time around them. All in fun..
Reuters Investment Profile released today. It's available thru Yahoo finance for $20.00. (One way to raise capital I guess).
The house of card is getting pretty tall. Nobody sneeze!
microscam maybe
DJ- cygx is in the business of biotech development, supposedly. Maybe they ought to consider 'developing some biotech' and then selling it, rather than a turbo charging their printing press for stock certificates.
This evening, sir, you did it! You did it! You did it!
Dilute the stock, you did it.
File late again, you did it.
do I need to continue?
Holycow, wouldn't it be nice if these clowns actually did something before they were rewarded. By 'did something' I mean activities that are not done in the shadows. More and more data that reinforces the crookedness of this company.
I'm certainly not a supporter of the current regime given what has occured over the last 15 months however, being a business owner, I can understand that once you begin late filings and get content with the extensions, it becomes SOP. It would be a SIGNIFICANT example of diligence to me should the new CFO file on time and in good measure going forward. As for now, I would agree, same song, same verse.
Arnold, I saw this last friday but didn't understand the significance. At the bottom it states " no securities are benefically owned". Maybe you or someone else can shed some light. Or should it have said, "no securities are benefically owned yet but MS is going to give me a buttload shortly".
Thank you Arnold, Listening Holycow?
My guess is that someone with an online account inadvertantly keyed in the wrong stock symbol!! Surely nothing this company has done or is doing would warrant a buy.
My 12 yr old kid has never heard of them. Can you imagine! I think I'll join the anti-aging society as it is apparent I have certainly aged...
When I was a young man at 18....this is what I did.....
OT - Nothing clever to add here
I just listened to the ceocast. MS says "I don't think we should be a marketing company"...referring to partnering with other companies. ??? Didn't the first paragraph of the 2006 recap state "we are transitioning from a research organization to a sales and marketing organization????
Whose on first
JOKE!! Quit an impact these conference are making.....
Change: 0.004 (1.60%)
Prev Close: 0.25
Open: 0.26
Bid: 0.24 x 5000
Ask: 0.254 x 5000
1y Target Est: N/A
Day's Range: 0.24 - 0.26
52wk Range: 0.23 - 0.80
Volume: 29,638
Avg Vol (3m): 86,451.5
Market Cap: 35.73M
P/E (ttm): N/A
EPS (ttm): -0.056
Div & Yield: N/A (N/A)
I might suggest the following link to my current leading lady http://www.imdb.com/name/nm0424060/
F8 & JM- Forgive my postdropping but isn't your brunette beauty Selma Hyack? Or did I not postdrop far enough back?