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gdepc. I appreciate your respect for a management that is devoted to the company to the extent that you say the folks at CYGX have been. I have no knowledge of their sacrifices but will take your word that it is true. I have been involved in a number of start-ups and understand the pressure to succeed before the funds run out and then having to go back to the well to keep things going.
I also understand from my own experiences how important it is to have good communications with one's investors and the financial community as a whole. I do not want fluff PRs and I don't have to be coddled as an investor. I simply require that I be informed of progress with the company and get good faith estimates on time lines so that I can evaluate the level of support I choose to give the company.
Is it too much to ask of management that they try and predict when synDNA will gain approvals for use in animals and humans? This year? Next year? Two years? I have wanted this to work for two and a half years but I have learned to distrust the company at this point. Take care.
gdepc, why are we lucky to own this stock? Please tell the board why they are lucky to not know anything about the future of their investment. The reason the doors are not shut to CYGX is the only reason to hang on here, meaning maybe there is something that we don't know that will make this POS go up in value. Tell us please because the company won't. Tell us the future hotshot because your hero MS won't. The performance of this stock is poor to date. Let's hope the year end PRs will allow a lot of us to get out with modest losses.
Paulness, We all want this to work! DUH! The company is paying good pay and getting no reported results, no reported schedules for results, no reports of sales, fluff PRs, disdain from management toward shareholder value, "in-crowd" PPOs for current investors (ugh!), and worst of all pay increases in the face of potential failure. If you have some sort of knowledge that would be helpful to your fellow posters on this board that eclipses the company web site, please give it to us. I'm in only until the predicable year end hype unless I SEE something of value. Paying big bucks does not make a good company, and this company is NOT a "big boy stock"! Take care and glad you're still up about it all.
nearlynapping, I vote #4. These guys should have begun their research under the auspices of a large medical school or state university with deep pockets. When they found success they could then license their patents, INDs, etc. and sell their management/scientists to companies that can take the discoveries to market and who know how to run a business. All parties involved would benefit and the public, i.e. us, could then invest in great ideas backed by strength and talent. The start-up guys would have only made about a third of what they have made off the stockholders of CYGX on an annual basis, but may have made out just as well in the long run if the science is good. Once the science has been proved and approved, then the BIG payday. Not the way these guys have done it. (and IMHO big pharma would be stalking CYGX if the science was good-no signs of it!) Take care and good luck.
Holycow, whatever are you imbibing in tonight? You sound elated yet your last two posts make no sense at all, at least to me. This board is starved for some good news so please show us some mercy and give us your news (dreams, rumors, prayers, whatever). Take care.
Blindinvestor, thank you for your thoughts and for sharing the time and obvious effort you spend on this investment. I want you to be right on all fronts, but the poor PR from this company has pushed me to the sidelines. If their dreams come true, I'll jump back in at whatever price, .25, .50, 2.00, whatever. It is because the success of this science is very important to all of us for the long run, and , if they get it right, big bucks. The PR for this company is pathetic. If you have ties to them, let them know they have lost many backers. Take care.
Blindinvestor, what it will take to get this stock moving is honesty and proof that the technology works. I got in last fall when they were setting up for a big presentation to both civilian and military people who might need the fuel cells. In that PR they said that they hoped to write orders at the presentation. Yeah right! A year later - ZIP. Either we were misinformed or the stuff doesn't work, period. They have no money that I know of and no patents that I can find. I got in because of a person "close to the company" who has given me good Houston scoop in the past but blew it on this. I got out for the most part at .25 and feel lucky. The Intel guy is gone and so I feel that an honest PR is owed the stockholders. Forget TA on a POS like this. Take care.
FORDGT, you are shameless but I enjoy your posts. Please give us all a phone number for the company that will be answered by a living person. Now no cheating here. Take care.
Texasspec, thanks for your thoughts and I hope that you are right.
Rocky822, wow, I guess that I have been listening to the wrong people. Picked up a bunch of stuff on RB that may have been inaccurate. I apologize. You seem to be up on things, however, check out the Cayman Islands "relationship". That info came to me by way of a very strong source who told me I was an idiot for being in this stock. Thanks for your input. Take care.
Dadd, thank you for your thoughts. I hope all goes well here for all of us.
Walldogo, are you saying that SEO has done something good for the stockholders of this company? What? It has been dead money for years. Even the day traders have dumped it. If SEO cares about the shareholders, please tell me why he won't communicate in any way with them. If "Sir" (and I mock it!) EO thinks himself above informing the stockholders of his public company about events affecting their money, what makes you confident that he won't sell us up the river? His political clout may be the reason he doesn't have to pay us. A Nigerian incorporating in the Caymans (just passing on gossip) Hmmmm?
Instructmba, a publicly owned company has the responsibility to report to the shareholders about their investment on a timely basis. In the USA it is the law or trading in your stock is suspended or down graded. With this company that is incorporated in the Cayman Islands and owned by a Nigerian, let's say "good ol' boy", there has not been any hint that stockholders may look forward to anything at all,especially news. There is no hint that SEO could care less if ERHE matures as an investment for anyone but himself. This company has been a dead money deal for years except for the day traders and now they have dumped it. How can you remain so confident?
Since my name has popped up a few times on the board in discussions concerning the timing of news and PRs from the company, I want to clarify some of my previous comments. I think I have mentioned that the information that I have gotten is second and third hand and not from the company directly. One broker in particular has been passing on info to me that he says that he has gotten directly from management. He has mentioned the source to me, but I choose not to reveal names for obvious reasons. I have never traded the stock on any of this info nor has the stock ever moved significantly in response to the posting of this info.
Last spring I was told that the company was putting a deal together with China through Aldevron that would involve the sale of synDNA for use in the field of agriculture, which would give the company near-term revenue and take some of the sting out of having to wait a couple years for using synDNA for humans. I continually pressed my source for upcoming news but was always put off by inane statements like "they are waiting for the right time to make announcements" or "they think that it is best to wait until after labor day". In the mean time the company has felt comfortable to have continuing PPOs to make ends meet. Great business plan!
Recently I have heard nothing encouraging about the company, so I wait. I no longer trust my source(s) and apologize to the board for any baloney that I have unwittingly passed on. I post seldom now as my enthusiasm is gone. I await the year end PRs to bid adieu. Oh here is some good news! Barchart.com has the company at a 67% sell up from a 100% sell a month ago. Take care.
Tibbcat, I can't believe that you have the nerve to insult anyone on this board. Your TA and other predictions have been so VERY wrong that I think that you should be a little more humble. If you ever have something helpful to say, please post it, otherwise you might choose to grow up yourself. Take care.
FORDGT, thanks for the thoughts from business 101 but the question still remains, why would they need funds from Asia if they have a joint venture with a company loaded with cash? Don't get me wrong, I would love your scenario for this stock to come true, but I see nothing to indicate it will. The last two PRs are from a wire that says it doesn't verify their sources or check on the veracity of the news they print. Anybody could have sent them. No one can contact the company. The web site is down. You can't trade the stock, or at least I can't. No one can find a patent or a patent application for EM-100. Otherwise I'm very excited about everything LOL! Take care.
Rocketred, could it be that they didn't pay the bill for the web site? Web sites are like highway billboards in that they sometimes let the ads continue until they find a new customer for the space or they get the old customer to re-up. The only company asset appears to be an answering machine that takes messages that are never answered. Potential Asian investors should be really impressed with that! LOL
FORDGT, why would they need financing if they had a joint venture with the Russian company, whatever their name was-energomash or what have ya?
Artie, Please go away forever. The last thing thing this message board needs is more crap. LOL!
Paulness, I hope you are right! My "resources" who purport to have their "finger on the pulse" of this company are now making one mistaken prediction after another. The financial community in biotech isn't watching this company by the way. Check around the financial community and contradict me if you can; I hope you can but am sure you can't. Take care.
Gutaquest, thanks for posting Lawler's article. I think that some of us on this board could add a couple of commandments to the list, like: "soon" in the biotech world means some time this decade! LOL Take care.
Gutaquest, you usually sound reasonable but tonight you put forth baloney! The business scenario you present in a "let's say" fashion is pathetic. You couldn't interest investors in a new 7-11 store with these numbers. This company is so poor in presenting a business plan to investors that the bio-tech world isn't watching anymore. The numbers and gram sales you cite won't keep these guys going for a month. synDNA works or it doesn't, otherwise this company is a few years off on making dime one. Forget the arrogant "let's say" scenario you sent to bigworld who is probably twice as smart as you are concerning the bio-trech nature of this company and give us some facts about CYGX as a positive investment. Sorry to be a pain, but I am sick of the "let's be patient" crap here. I want to hear what the company owes its investors- news! Take care.
Lovey, explain please, Oily = Offer, I need help here. Thanks.
Thaliowizard. The China deal is not dead in the water, according to my sources, which are two brokers who stay in touch with the company (though I can't verify their statements). In fact we are expecting some news from the comapny today (better late than never, I guess). Please cite a source to back your remark. I was told that Aldevron was handling all of the synDNA deals.
FORDGT, the float does not indicate control but stock that is not restricted or owned by insiders who have to disclose their trades, or so I have been told. I do not know the total number of shares outstanding for KSWJ, do you? If the float is 150M shares, you can buy the whole float for about $100K. Why would a company who had a good idea, even as small as knowledge of a good site for a new Dunkin' Donuts let it go for that kind of dough? forget about em-100, which would be worth a big bunch if real. Why wouldn't they just let the company die or buy up the stock for dirt? There is no patent anybody can find. Do you think a Russian company would worry about the value of this float? Good luck anyhow!
Chadman, The broker that I referred to has spoken to representatives of the company several times over the last few months and none of the developments that he was told about have come to pass. Not info to "bank on" but something to keep in mind unless you are asleep at the switch!
The company has ONE iron in the fire (IMHO) which will bring in revenue in the next couple of years and that is synDNA. The company stated in their quarterly that they expect to lose money regardless of synDNA sales due to the expenses of other research, which means that share price will be a big factor in future funding of company projects.
I'm glad you can wait until after Labor Day because no one wants your shares now except the MMs. Oh by the way, your shares are going somewhere, they are going down.
You are right that we are not talking about "dinky things" here. We are talking about very expensive research projects that will need further funding from the sales of stock if synDNA sales can't carry the load. With the SP where it is, the next PPO should be at about 35 cents.
I want this to work as much as anyone else, but with this managements record with corporate comunications, I plan to dig up all the info I can so as not to end up a total bag-holder if this deal doesn't fly. I also HOPE very much that we have a winner here. Take care.
Want a laugh people? Check barchart.com and click on opinion about cygx. 100% sell for the short term, the long term, and any term. This company should not be a public concern but under the auspices of a big and strong Biotech or Pharma concern that knows how to handle money and get things done. We will be hugely diluted if they have to go that direction now or we will have to license our products to people who can get things done. The rumor of a huge purchase order from China through Aldevron that might produce a speeded up way to get synDNA to market was followed up by the quarterly statement by CYGX that said essentially that even with synDNA sales being the only source of revenue for a couple of years, the company will continue to lose millions. Coupled with that, the company purportedly told a broker type the company has chosen not to release news of any China deal until after Labor Day because it wouldn't have the proper effect! A promo stategy from the ignorant!? What effect do you want, the one you have where the stock goes to $.60 waiting for brokers to come back from the beach? Listen up folks- there are no brokers, big pharma, big biotech companies watching us. We are off the radar at present. We will very shortly have the SP at the same price where some special people got to dump at market ($.95 area) and by in at $.65 for restricted stock; and we won't be restricted, just fellow losers. Sorry to be a wet blanket tonight but this company doesn't care about us and knows we can't hurt them.
Arnold, if the company can get the order from China that has been "rumored to have been signed" it will be able to finance the receivable and perhaps avoid much further dilution. My sources still insist that things are moving forward on this issue. My sources are basically hearsay and have been about 75% reliable on their thoughts about CYGX. Who knows? My worry is that without an order for synDNA from a foreign source concerned about agriculture, the time frame for getting to market with the FDA may be years. Even if the science is good, they will have to go to an angel (big pharma?) to keep things going, and that will be at our expense. Let's hope for news from these unfeeling people. Take care.
Arnold, the loan is a compensating balance arrangement with a lien on the equipment and, probably, with the personal signature of someone who will pay if the company doesn't. The possibility that someone would sign a note backing the company is a good sign; the fact that they didn't have $80K says more. By the way, how do you have such information which is usually held close to the vest? Take care.
Jimmy Joe, I agree with you for the most part, but this company has poor PR skills. I don't want them to come up with fluff PRs to make me feel good. I am not day-trading the stock and have no interest in pump and dump schemes. I would like to know what the company's business plan is and what sort of schedule for progress they project that we can look forward to hearing about on a regular, if not frequent, basis. When you have been a victim of unfulfilled expectations often enough with the same stock, is it the investor's fault? Let's hope something good's near. By the way, that double is on me, but I'll have to owe you just now! Take care.
Jimmy Joe, It makes me happy if I can provide you and the rest of the gang with a laugh with my posts (without offending of course). I care most that we succeeed with our investment and that the company can provide the biotech which may be so badly needed in the near future. That the management of this company actually has the "stones" to tell a broker that they have a strategy for PRs would make me laugh too if I didn't own a bunch of stock. JJ you have the vodka and I'll have some bourbon when this baby takes off, if we are still young enough to appreciate it. Take care!
gdepc, for a stock in the main stream, I agree. For a stock that is slowly going downhill and that needs money because it has no earnings to speak of I disagree. I hope we are on the verge of greatness here and I am hanging in there. By the way, I am someone "old sport" and have taken the summer off, but still stay in touch on the things I care about. Are the big boys listening? Not the guys from big pharma that I know! Not the brokers who cover biotech that I know (except one), no way the market. The guys that run CYGX may be great scientists, but they need a lot of help; Aldevron can sell for them, but who will run the company?
Hi Houndish,(OT) good to hear from you. The guy that I had who was close to BGII won't get back to me anymore. I have one bud on the RB board, which has practically no posting, who knows the names of the players that we do and feels like we do, that the powers that be there don't know how to run a public company. I have no word on Bibicoff as new PR, no word on the potential reversal of legal opinions in Alabama, and no dating on the filings with the SEC, which would give us a ratings promotion. I have heard that there is "talk" of a gambling type guy who would like to merge with BGII and that he has a sizable but private operation. My thought is "why would a profitable private operation want to merge with these dummies?" BGII is off the radar screen of brokers who care about this stuff. As a footnote about CYGX a broker who says he is up on this stuff says the company is going to wait until after Labor Day to announce the new orders. These arrogant bastards are almost intolerable! Hang in there!
Houndish, I heard Aldevron is handling the China deal, so our troops may be awaiting their pleasure, who knows? It actually gives me some confidence to hear the distributor may be calling the shots. My news is the same as yours otherwise. As to BGII, talk to me! Is it closed doors or closed minds? LOL!
Hi Janice, not much to say I agree, but what do you think about my comments on the cost of the total float. At some point logic must come into the analysis of this "company". For $75K you can't get into most of the golf clubs around here, forget about owning 1.5 M shares of a company that has the answer to the mining of the bitumen sands in Canada. Hello? Anyway, I enjoy your posts and input and think you are pretty sharp. I almost consider you a "ghost buster" for stocks like this. Take care and if you dump this board,leave a message where you go next. Take care. David
Rizik, now wait a minute dude, I hold my shares here because I can't figure out how to get rid of them. LOL. No really, can you believe the tripe posted here about this stock? There are some nice people who post here and some POS's, who have seemed to move off for the most part. I wrote it off (in my mind for next year) way back. I didn't do my DD and got what I deserved, a good screwing! But the message board has had some fun and knowledgable characters, so I read the posts. I have made many comments about how this company probably doesn't exist and have gotten back many replies to my questions from other posters, except for one question. If the float of this stock is 150 million shares, then you can buy the whole float for about $75,000. What company in their right mind would share ANYTHING of value for that number? LOL I do miss Janice and wish I got to know her better. Oh well. Anyhow, you're right on, but be kind to JPGetty, he's not a bad sort (picked the name of a real-life prick for the message board, though, LOL). Take care.
Bigworld, the people I consult, however irregularly, have given me a feeling of optomism in the very short term. No insider stuff here, but I have been told that the China "relationship" may offer the company a synDNA order that will get things on a faster track than waiting for approvals here. I have been told that CYGX can produce 10 grams of synDNA per day now (I can't substantiate this view myself) which could provide a decent amount of revenue for the company even at a drastically reduced rate from the usual DNA production. There exists the possibilty of delivering enough synDNA with current production facilities to help finance the company's expansion with a receivable (from RPC?), which is called factoring in the financing community, to build the company's new facility without selling more stock. Let's take heart! And I hope I'm not passing along BS. Please do your own DD. Take care.
Downreg, You are so right! My friends from the rumor mill say that we may get a clearer explanation concerning the China relationship this week which could be good news. A country that can put us on a fast track to approvals for synDNA regardless of the application, whether it be for agriculture or vaccine creation for humans, may be the catalyst that this company needs. No more scientific snobbery will be tolerated by the market here, its time to produce something. I just hope that we aren't so far off the radar screen of brokers who deal in biotech that when something good happens, nobody is watching and nobody cares. If CYGX needs a couple of more years to get to market, they will need alot of help to stay alive! Take care.
Houndish, my "buds" have said that some sort of deal with China was arranged a few weeks ago and that news of future business was "imminent". With this management that could be the first of next year, who knows? I share your impatience with the company's attitude toward its stockholders, and the company's present attitude should be kept in mind down the road even if some level of success is achieved, although none has been shown to date. OT, How about our butt-dragging guys at BGII!? We are on a hot streak this summer my friend! Take care.
Holycow, you're a good guy and probably see things as clearly as the rest of us, considering that the company gives us so little info. It's just that some of us on the board here feel that the company officers could do a much better job concerning investor relations with little effort and expense, so we're frustrated. Take care.