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Pfizer already knows about Cytogenix and its story.
Sanoman, if it came down to a deal like that with no other choice, sure, I would take the $20 and move on.
I think this has the potential to do much much better then
$20 though. For this company that would be a bit like shooting oneself in the foot, and they have already tried that once or twice.
Just my opinion FWIW.
Sanoman, CYGX has much more than just a new breed of antibiotics to give to a perspective suitor. We are talking
about a technology that can reach into both animal and plant
species.
Sell CYGX for $2 billion? I wouldn't. CYGX is worth much much more if this technology is validated. The scope of things that
can be done using their technology is imense. They have the potential to literally be in the drivers seat. Imagine telling a company like Pfizer that their bid is too low
and partnering with a higher bidder like Schering Plough
or Astra Zeneca or Aventis, or Bayer. And that could be bidding for one license or product application.
Then on the agricultural side you have companies like Monsanto, Bayer, DuPont (if they decided to rejuvenate their Ag business), FMC, etc. Crop protection is big business folks.
Yes. I imagine R&D could eventually go beyond ailments in humans and animals. The world will always need crops for food and fuel.
Could be interesting if this bird gets off the ground. I would never sell this company for any price. The technology has got the potential to be just that good. Guess that is why I get so damned emotional that great care must be taken to protect this company, its technology, its employees, and its shareholder base. Yeah, I know, but the technology must be one that is shown to work effectively and safely (validated) before rewards are given to that extent.
This company doesn't just have one facet, it has more sides than just the obvious one. It would piss me off if the technology was validated and management sold the company for
a paltry $2 billion.
Could not have posted better hogger.
Is it no wonder why Connie and Kraig left RB long ago?
I am beginning to understand the whys.
Until shareholders...
CD_98
Sorry "golfman", but relying on Skooby to explain things he cannot seem to explain just won't do the trick.
Suggest you take a course or two yourself. There are more ways to skin a cat than just the one this management team seems to have it's wallet dead set on. You should know it if you knew anything about business at all.
Lots of alternatives beside the option.
Business 426
There are other means by which to raise money that can have set terms included such as a mandatory holding period of stock/warrants for so many years. This can also be an incentive for management to get the SP going.
Just choosing the OPTION plan with no other recourse is
absurd. Ya see "golfman", there are OTHER means by which to raise cahs IF cash is needed. A competant CFO would have thought of them without inflicting too much pain on the investors aka the shareholders!
Did LW take any business courses at Wharton? Just curious..... LOL!
Well percy, I can say one thing, and that is that you may be right about this bunch.
There are more ways then the OPTIONS offering to obtain $$$
needed for operations. If one wants to reward employees for hard work I can see an OPTIONS offering, but not of this magnitude for the CFO and CEO.
Why don't they look at some other ways to obtain the finances
needed such as more PPs? What the heck? They are going to dilute the number of shares anyway with the giveaway, so why not seek other means of fanancing? Greed that's why......
Business 426
Don't hurt yourself playing with those knives Larry. Oh, BTW, don't you know it isn't
very smart for the CFO to be posting on a public board?
Business 426.....
One more thing gdepc, "There has to be a real good reason since you are still invested in cygx"
Like hogger said, it is the mind blowing technology, what it can do, and where it can go.
If you had any assumption that I invested in CYGX because of its management let me tell you straight out in a word you can understand ----> NO.
BTW, if Dr. Chen ever left I would follow him to his new employer and invest in them. Does that answer your question?
Now have a good day. I will.......
Starting to dislike management, yep.
Why is it you feel the need for management to get this share
grab? Is there something in it for you too? Skooby? golfman?
Paulness?
You, skooby, paulness, golfman, all sound like you guys are desperate to get approval. Why?
It's you guys who have the agenda IMO. Very transparent.
Do you know what a schill is gdepc?
Have a good day.
NO gdepc! "WE" are the longs who obviously do not agree
that management should get rewarded for something they have yet to do. That is who "we" are.
Who are you, who support management without giving VALID
reasons why you think they deserve this share giveaway?
A group of insiders? PP holders?
gdepc, there is a reason why hogger is asking you this these questions. Management has alot to do with it.
I too was wondering why the Herpes topical suddenly went from hearing news to no news. Same with sepsis.
We already ARE in this stock gdepc. We are all current shareholders.
Hello???
So far you haven't contributed anything of substance golfman.
Suggest you get together with your good ole boy buddies and
do something you're good at..... play some bad golf.
When you think of something constuctive to say in support of your decision rather than throwing out one liners come back and give us a sample.
TIA
BTW, have a nice day! (or at least a better day)
golfman, positioning of what? Themselves?
Could you please ask your good ole boy buddies on the back
nine what they are positioning themselves for?
TIA
golfman, no need to get emotional.
gdepc, do you also recall who did the Phenuel Pursuits deal?
You know. The deal that almost gave the PIP a free ride to India and China. How much thought was put into that deal?
For a "team" so intent on making this company into something
they sure are doing their best to shoot their feet off at almost every opportunity. That deal wasn't borderline stupid. It was Three Stooges-esk!
Oh, Arnold did bring up the dilution didn't he?
Yeah gdepc, MS and LW did save CYGX, but at what price?
More like they fell into Cytogenix, and just happened to be in the right place at the right time. And for that we should all be greatful?
And now they just get a dumper full of options at their request?
Makes sense to me......
NOT!
BTW, I've been here a long time. Remember Dawson123, Giark65,
and stockfinder 12? Probably not........ hogger would, Skooby
wouldn't. Label me a basher too.
Convinced some are planted on this board. This giveaway doesn't even make sense for a few who have done the grunt work.
Once contracts are signed and revs start rolling in, then you give some options. The amount they call for and to whom the majority would go is absurd.
happy, arnold, hogger, neo I'm with ya!
CD_98
gdpec, I seem to recall a short time ago that it was management's decision to go head to head with Applied Veterinary Genomics, Inc in court.
Do you recall who won that suit??
Do you recall how much it cost this company?
TIA
My fear is that if management is this hell bent on setting themselves up while disregarding the consequences of what COULD happen afterward, the "bashers" I told to give management the benefit of the doubt will have turned out to be right.
Maybe LO on RB was right all this time about the management? Eh?
Starting to look that way........ isn't it?
Shareholders is when?
TIA
CD_98
happycamper, I think what we are seeing here is a group of insiders who may have planted themselves on this board and who may only have the best interest of a select few in mind.
It is NOT in the best interest of the company if/when a few grant themselves tons of stock options and let's say great news comes out propelling the stock to a few bucks a share and they begin to cash out.
It is nothing less than criminal and does not have the best interest of the company and its shareholders in mind. It is grounds for an investigation if such a thing should happen.
It is also grounds for a class action lawsuit if such a thing should happen. NOT something I would consider is in the best interest of the company and its shareholders.
This whole thing just reeks of greed for a few. IMHO
No I'm not acting that way and you KNOW that I am not.
Skooby you have painted yourself as an insider. There is NO
justification for the stock giveaway they are proposing...NONE.
All I am saying is that is management feels they need to hold onto the talent by giving the GRUNTS (people who ACTUALLY do the work in R&D) some sort of stock option bonus, I would have no problem in management making the proportions relavent to those of importance. Skolnick and Wunderlich don't need the amount of options they ask for because they are NOT that important. They can EASILY be replaced with much better
qualified people, however, folks like Dr. Chen are not a luxuary CYGX can afford to do without.
IF THEY MUST GO FORWARD WITH THIS GIVEAWAY, GIVE IT TO THE FOLKS THAT MATTER MOST. NOT THE FOLKS YOU CAN EASILY REPLACE.
I know you have some sort of connection to the top Skooby simply because it's so obvious. Your defense of this stock giveaway is lame at best and it just does not happen in a company still on the OTCbb with no revenues and no product.
Greed rules. That is the bottomline. This CFO stinks really bad. JMHO
Paulness, with all due respect, until that profitability is realized how can you even speculate on such a thing? This is not a time for dot connecting. They either have or have not produced revenues period. As of now they have not produced a dime. Even IF they do strike a deal soon for major revenues
they should not put it upon themselves to give themselves bonuses without first running it by shareholders. This is not Congress.
Are you AND skooby insiders Paulness? You two sure do sound
am aweful lot like it. Almost like you two are planted here
to squelch any concerns stockholders may have about the giveaway.
Hhhhmmmmm
Exactly Neo and schrodbox. This is total hosing by the CEO and CFO. Skooby, when is the last time you worked for
a company like a DuPont, Merck, Monsanto, Pfizer, Baxter, etc.
Working the real estate gig is in no way even remotely close to the corporate world with one exception, pay for performance and shareholder value. Has not happened so far.
I'll tell you what, lets give the bulk of the options to Dr Chen and the other folks doing the grunt work, while the CEO and CFO get the lesser amounts of options. Let's keep the talent and if the CEO and CFO decide to take a walk let them
walk.
Finding replacements that have actual experience in Bio/Pharma wouldn't be very hard considering the potential
this company seems to have.
Cannot be anything but a RED FLAG. Anyone thinking otherwise
is deficient in worldly wisdom . Greed definitely runs this managements thinking. I used to think there were those with agendas against this present management. Now I see why there were those dead set against this management team, in particular the CFO.
Unbelievable........
CD_98
BTW, I mentioned you Big B because Wizzer always used to accuse you of being an insider. Let's hope you get more ice cream. It's freakin hot out there!
Paulness, I do not doubt that there is something brewing with CYGX. Even in talking to friends who hold it they agree with me.
Skooby hinted about something during or shortly after
shareholders. Let's see who has the inside scoop here. Big B
(who I don't think is any closer to the company than I) or skooby, who I think has real connections.
BTW, I am not saying there will be a reverse split Paulness.
Just something I am keenly aware could happen and that I am totally against.
Regards,
CD_98
schrodbox, I don't know for sure if they will try a RS. I do know that they are loading up on shares and what scares me
is if they do pull an RS they will either come out with alittle more than they had before they gave themselves those shares, or they will come out with alot more than they had before they gave themselves those shares which leaves the little guys like us standing around with our thumbs up our
butt.
I am hopeful that management will not go the route of Multi Cell Technologies and Summus and that they will be patient enough to wait until this company blossoms.
Not sure of what the revenue requirements are in getting listed for Nasdaq, butI do know that Wave Systems came off of delisting on the Nasdaq twice so far and they have practically
no revenues. <$80,000 this past quarter. No RS either.
IMO, if Wave could get listed practically any company can if it so desires.
That means he is planning a reverse split in my humble opinion. Much like what MUCL did.
This management team is looking VERY foolish IMHO.
One more thing, if he needs to give out shares to maintain the "talent" then just give the majority of the shares to the folks who deserve it, the grunts, not the CEO and CFO.
My opinion.
CD_98
hogger, I am staying off this board for now unless something
spectacular happens positive or negative with CYGX.
You have my contact by email or phone.
TIA
CD_98
PS- See you at the SHM.
happycamper, skoob probably is not paid directly. Since he is in FLA real estate I'll let you connect the dots to what I think is going on.
He's a schill more than likely or really out of touch with the corporate world.
The thought that these guys want to load up on shares to perform what MUCL did, a reverse split, would make me puke.
If they do something like this it says they have NO confidence
in the company making it on its own.
JMO
Skooby you are sounding more and more like a used car salesman
making his pitch.
Hhhhhmmmmmm
No skooby, what you fail to understand is without the right PERSON in charge of R&D aka Dr Chen those other corporate
officers would be NOWHERE. How is it that a CEO and CFO of an OTCbb startup deserve that kind of ching? That type of compensation some Fortune 500 CEOs don't get.
And I thought Steven Sprague was an overpaid CEO at Wave Systems making 200K plus a 200K bonus he gives himself every year. BTW, Wave has been around for 17 years, is listed on Nasdaq, and has made next to NOTHING in revenues in those 17 years of their existance.
Until CYGX puts some meat on the table it is my opinion that shareholders are getting hosed. BIGTIME.
CD_98
Skooby, a CEO of an OTCbb startup company earns the average
many of these Fortune 500 CEOs earn??????
Whatever it is you are smoking please send some to me.
You are unbelievable. You do reside on this planet?
CD_98
Ditto that tibbcat. Could not have said it better.
No wonder he had problems with his "business".
One more thing, no wonder people were compalining about the FACT that LW doesn't even hold a degree. How many CFOs have a high school degree and can boast that they are millionaires
by gains they made at their companies? I'm willing to bet
he may be the only one of his kind. No wonder the "bashers"
were upset with his position in the company.
This management is really beginning to smell........BAD.
CD_98
Arnold, I cannot for the life of me see why these people
are so greedy. This is NOT a good sign and may be a harbinger
of things to come. and those things may not have shareholder
interests at heart. Maybe I should change that to do not have shareholder's best interests at heart.
I am just stunned that ANYONE can just blow this off as a
non event.
Unbelievable.......
CD_98
Edited: Whenever I think it might be me that is crazy
I always look for your posts to make sure I'm NOT doing a Kim Orangio.
neo43, thank goodness! I was hoping you would weigh in with an objective opinion, and I KNOW your opinions are very objective John. Whenever I think it might be me that is crazy
I always look for your posts to make sure I'm doing a Kim Orangio.
Thanks!
CD_98
gdepc and BigB,
Happycamper may not be 100% correct in that this company may not have the goods yet, but that it sure looks like they will at some point soon. My point is simple, you cannot label every single person who thinks this stock give away is BS a basher or that they may have an agenda.
I think those who like this stock give away are either naive
or that they are the people with the agendas.
Who in the world is dumb enough to think that giving away this many shares to upper management is equivalent to a quarter? I would ask each of you to think carefully about
this. The CEO of DuPont doesn't get almost $3million in compensation in one year and these guys want it now? For what???????? This company is still an infant.
You know there is one old timer who gave me this company who does not post here anymore that I know of. Giark65 also had questions about this management and now I understand why.
Not so sure I like the crap they are trying to pull and it should send a RED FLAG up to you two. If it doesn't then you need to get some experienced advice fast.
No, I do not agree with happycamper totally, but he/she has the right idea.
BTW, our disagreeing with this stock give away does not mean
we as shareholders want to replace MS or LW, it just means we don't like the shenanagans they are trying to pull for their personal gain. This is not Pfizer or Merck or J&J. I am sure if any corporate officers of those companies tried to pull a stunt like this they would be GONE one way or the other in due time.
And skooby, you are a schill if I ever read one. Somehow
you are getting something out of this. Holycow is just naive. Very naive.
CD_98 (one pissed off shareholder)