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Interesting bids late today 10,000 share bid at .136 then moved to .1474 then to a final 10,00 shares bid at .1484 with a 5,000 share ask of .15.
Dino
Artguy
"Selling to an investment Banking firm is a LONG way from a pump manufacturer"
Are you mischaracterizing the contract signed between Paramax and Curaegis? Are you referring to Paramax as the investment banking firm in your quote?
It is my understanding Paramax is contacting potential suitors, which would include pump manuafacturers and was contracted to advise Curaegis in a merger or acquisition of the Aegis technology.
Also "the watch seems to be not just worthless"
It is easy enough to assume Cura seems worthless given the lack of information provided by Curaegis. I respect your opinion, but I am not giving up on Cura Tech just yet. The CEO said in his last update he would provide info about Cura soon. I hope he meant that.
Dino
I respect your opinion and thank you for your reply/input.
Disagree with "So no reason for a whole lot of optimism here".
Has to be frustrating holding onto an investment that you would love to be proven wrong. I am past the "it was Bosch" disappointment. Holding a very low share cost average, I am now excited about the contract signed with Paramax.
"Just a pump with claims of industry changing potential".
Dino
jfs/fadeaway do you know the exact amount of money CRGS will receive if Paramax executes a sale of the pump technology for them?
Thank you in advance,
Dino
Russell D’Alba President and Managing Director
rjd@paramaxcorp.com
Russell J. D’Alba is the Founder, President and Managing Director of Paramax Corporation.
Prior to establishing Paramax, Russ was the founder and former managing partner of a leading regional CPA firm. His transactional experience and credentials allow him to understand the dynamics involved in a “mutual gains” approach to the sale of a business. He has represented family businesses as well as Fortune 500 companies in strategic sale transactions, in the US and abroad. His expertise is in business and transactional negotiations.
Russ is a CPA (NY), has a Bachelor of Science in Accounting, completed the Mutual-Gains Negotiations Program at Harvard University, and is a registered Investment Banking Representative.
Thank you so much for the opportunity to bold all I want.
Simple translation: I believe (U DON'T) managements statement in the annual report. But thanks anyway for the reply.
Management believes these are valuable assets and will prioritize receiving a fair price for them.
Your friend always,
Dino
Perhaps they believe "management truly believed" the statement in the annual report. Management believes these are valuable assets and will prioritize receiving a fair price for them.
All shares (80,850) were traded at the ask price today.
Dino
OK Thanks for the reply EOM....
Annual Report: Aegis Division: Hydraulic Pump
During 2018 the Company initiated discussions with a major hydraulics manufacturer ("the Manufacturer") to evaluate our hydraulics technology. After several productive discussions, the Manufacturer and the Company signed a Memorandum of Understanding ("the MOU") to evaluate an investment in the AEGIS technologies. The Company and the Manufacturer continued discussions through March 18, 2019 when it was determined that the parties had not been able to reach an agreement to proceed. The Company intends to continue discussion with the Manufacturer but at the same time open discussions to other prospects. As of this date, the Company has initiated discussions with investment bankers and companies that we believe will be interested in the AEGIS technologies. Management believes these are valuable assets and will prioritize receiving a fair price for them.
Obviously I give "a RA what company it is."Jay Arr
Anyone who does not, I could care less. Freedom to post or also to not open post and read.
Dino
Sorry I did not known there is an insider on board. "It was Bosch."
Maybe the Parker's guys in Fairport and Lancaster did want a vacation.
Sorry I read the post "It was Bosch." as fact.
SULAX
Thursday, 03/21/19 04:05:17 PM
Re: 4toSchool post# 32983
0
Post # of 32995
It was Bosch. The original testing was scheduled for Europe. Of course Parker's guys in Fairport and Lancaster might have wanted a vacation.
I should have said here is a more informative read. It is presumptuous that any leaks would have to come from CRGS headquarters. Parker Hannifin has personnel also. In fact some right here in Lancaster and Fairport N.Y.
Dino
Here is a better read 4toSchool....
I would certainly beg to differ that the only ones who know are at headquarters. CRGS has been involved with this for over a year I think. Hard to keep everything quiet for that length of time. We're all making educated guesses.
I started my investigating when it was first stated as fact (on this message board) that CRGS was negotiating with Bosch. I believe the reason given was they were the only one of the majors in Europe so it had to be Bosch. Which of course is untrue.
European Headquarters
Parker Hannifin EMEA Sàrl
La Tuilière 6
1163 Etoy
Switzerland
No denying Trucker, the awaiting for a CEO update on negotiations was frustrating for me. The update released me from the frustration of not knowing into the disappointment of knowing there has been no agreement reached.
Dino
For as long as CRGS has been and are in discussions, it proved too long a time to keep the Fortune 500 Company Parker Hannifin a secret.
Thank you for a list of the other possible suitors CRGS representatives will now devote more attention to 4ToSchool.
Dino
Using todays technology Facebook ect. ect./ Parker Hannifin(Fortune 500 Company) EMPLOYEES and offices in Lancaster and Fairport N.Y. Parker Hannifin are the "big boys"
Jay, if you follow me publicly on I-Hub, I receive insane idiotic useless discussion information replies to just about every CRGS post. As of late I rarely post publicly. Private messaging on I-Hub is a better way for me to discuss CRGS. Private Message me anytime.
Life is good,
Your friend always,
Dino
AEGIS Pump and Motor: As you know, we have been working with one large company to license or sell our hydraulic technologies. As of now we have not been able to reach an agreement. Although we are not stopping those negotiations, we now believe it is in the Company’s best interests to open them up to other prospects.
It is my strong belief Parker-Hannifin Corporation (PH)
169.72+0.81 (+0.48%) As of 9:48AM EDT is the company we were/are rubbing shoulders with.
A Fortune 500 Company.
Dino
CEO Report March 18, 2019
Dear CurAegis Technologies Shareholders,
This is a short CEO update for CurAegis Technologies, Inc. as of March 18, 2019.
Dear Shareholders,
I am sorry it has been so long since my last CEO report but I felt I had to wait for our negotiations regarding our hydraulic technology to progress to the point when I could give out information.
AEGIS Pump and Motor: As you know, we have been working with one large company to license or sell our hydraulic technologies. As of now we have not been able to reach an agreement. Although we are not stopping those negotiations, we now believe it is in the Company’s best interests to open them up to other prospects. We have started conversations with investment bankers and companies that we believe will be interested in these technologies. We believe we have valuable assets and want to make sure we receive fair value for them. I will keep you informed of our progress.
CURA System: We and our initial customers and testers have been very happy with our present system. We are scheduled to receive our new APP and API on March 23rd. We believe this will greatly improve the ease of use and the customer experience. This will also allow us to use our system with many other sensors such as Apple, Polar etc. It will also allow organizations to integrate the CURA system into their own existing safety, wellness, or administrative technologies, which has held up potential sales with larger customers or those who need that integration. We also have changed our pricing structure which we believe makes it much more attractive to our customers. We are presently talking to many organizations who have expressed interest. We will be showing them our new system over the next month or so. We believe we will be able to close some of those soon.
I now expect to give you updates on a more regular basis.
CONTACT: Richard A. Kaplan Chief Executive Officer 585-254-1100
Thanks for your prediction Leitrim, From Dumb and Dumber:
Lloyd Christmas: What do you think the chances are of a guy like you and a girl like me ending up together?
Mary Swanson: Not good.
Lloyd Christmas: You mean, not good like one out of a hundred?
Mary Swanson: I’d say more like one out of a million.
[pause]
Lloyd Christmas: So you’re telling me there’s a chance….
Waiting with confidence to hear CRGS updates,
Your friend always,
Dino
In my world the pronouncement that CRGS shareholders are about 2 weeks away from receiving (good or bad) long long awaited information about how negotiations are proceeding with the likes of a Fortune 500 company is welcome posting. The long wait IMO is either hopefully bureaucratic, or we have been getting jerked around by the behemoth as a negotiating tactic.
Either one certainly frustrating for CRGS and their shareholders.
Dino
Predictable, the dominant discussion of the past and living in the past replies to your post. While, I was interested to read about your conversation with the CEO of CRGS, I did not expect to read any positive discussion of your post.
What I came away with/my discussion, is CRGS still has the ear of a Fortune 500 Company in an effort of global commercialization of their hydraulics inventions and we will be updated shortly. Win or lose my focus is on the present and future, I appreciate the honest effort made by the CRGS team.
Your friend always,
Dino
Excluding equity raise and insider shareholders, it would to nice to know just how many eyeballs (buying holding) are currently on CRGS.There seems to be a limited supply of shares available when buying or selling.
Last years annual shareholders meeting had the smallest attendance I can remember. No doubt in my mind, or surprising that (for a variety of reasons) we have lost shareholders along the way. It is fair to say that we have also gained shareholders, but in the open market we have lost more shareholders than we have gained IMO. Will good news create a supply and demand scenario???
Dino
Torvec7 for myself only if I were part of the all inclusive group, as you say "hoping for a miracle", I would sell and put my money to work elsewhere. Obviously this board is big enough for positive and negative feelings. We can agree to disagree when Curaegis Technologies is successful whether it was a "miracle" or if credit should be given to the Curaegis team.
Your friend always,
Dino
I do not have a penchant for shareholders who on a public message board, wear their hearts out on their sleeve. Buy Sell or Hold are the 3 choices. Win or lose, I own my decision to be a shareholder of CRGS
During the earnest effort to bring these two products to commercialization in the CRGS/Richard Kaplan era, No one and I do mean no one has the market cornered on the frustration felt.
One tell for me is the 3 month stipulation (which is different from the other loan agreements). Two ways CRGS would believe that loan gets paid back within the timeframe:
(1) the money falls from the sky (which would also require a belief in the tooth fairy) or
(2) ????????????? fill in the blank. I fill in the blank with commercialization money is on the way.
Your Friend,
Dino
This is bogus commentary about CRGS, Tom Golisano, and Richard Kaplan
"Glad to see BTG finally said put your own money in cuz I'm done".
I feel mostly that the only eyeballs trading CRGS are I-Hubbers and the local yocal. If an agreement with the likes of a Fortune 500 company is announced and CRGS reveals the name of the major manufacturer I will be interested in following the 87 number of followers of this crummy board.
Your friend always,
Life is good
Dino
To summarize: sulax opinion
"the reason we haven't heard anything on the pump is because the talks with the first company failed and they have either moved on".......
My opinion: CRGS talks have not failed and continue with the major hydraulics manufacturer.
10/1/2018
Dear Shareholders,
As we previously announced, a major hydraulics manufacturer would come to Rochester the week of September 24th to evaluate our pump and motor technology. Our MOU with them stated that they would let us know if they wanted to proceed to negotiations within 30 days from the testing. Last week a group of their senior management and engineers from the US and Europe came to our headquarters in Rochester, NY. They informed us after the meeting that they want to start negotiations immediately for an agreement to form a relationship with us.
Thank you for your ongoing support and trust in our team.
Richard A. Kaplan
I am optimistic....
I feel the longer there is no announcement, the more likely an agreement will be made. In talks with the likes of any one of the Major pump manufacturers mentioned on this board is my reason. I am not interested in anyone's thoughts on my post. My money My optimism My opinion
Your friend always,
Dino
Fair post/thought.....
"Why don't we wait until pump negotiations succeed or fail before we tar and feather him?"
Yes, he is the guy who just put an additional 100K into the company. Good luck Sweep with "give it a rest"
Dino
CEO put in 100,000 dollars (Form 4) of his own money. Not CRGS working capital.
As always,
your friend Dino
Same guy who pulls out 100,000 dollars(Form 4) of his own money to help keep the company afloat.
Dino
Most days I feel like I am watching the Yule Log on TV or paint drying when watching CRGS stock price. But today some flashes of green.
Dino
I have experienced a block order(above bid or below ask) of less than 2,500 shares(buy or sell) will not show but is actively open to execute.
Dino
Was the company symbol Tovc or Crgs? Is that a partial post or the whole post? Who is Sammy?
Provide a link.
Provide a link to the (guessing five year old post) so I can put it into context/time frame to reply. Otherwise without the link it is off topic and most assuredly spam for the amount of times you have posted this same dialog.
Dino
I appreciate that Oakie and myself noted that $100,000.00 dollars was exchanged in the transaction, and the CEO has an option to exchange another $10,000.00.
fadeaway
Thursday, 12/13/18 01:02:48 PM
Re: Dino1717 post# 32496
0
Post # of 32505
Also to be noted that no money was exchanged on this transaction.
Form 4 clearly states the opposite fadeaway....
fadeaway
Thursday, 12/13/18 01:02:48 PM
Re: Dino1717 post# 32496
0
Post # of 32505
Also to be noted that no money was exchanged on this transaction.
I know I am correct about the CRGS Form 4 out today. Thanks for the reply to my post admitting you were mistaken.
Most shareholders will view today's Form 4 release of the CEO of CRGS "opening his checkbook for $100,000.00" as positive.
I do not like to see anything posted which would mislead CRGS shareholders.
Dino