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Kancamangus, it is not a fact that there were third parties buying this stock. It could be MM's. When there is a dip like this on the volume that we saw it is an indication of a problem! Insider dumping of restricted stock? Insider info about unfavorable financing? Insider info about biotech details that are behind schedule? There is concern here about today's events with the SP and I hope you appreciate this. GLTY
Janice, do you have anything to do with SEC regulations? You seem very knowledgable. I wrote this off in my mind about a month ago, but was intrigued by the sensible people still posting here about a chance for a recovery for the stock, not to mention your presence on the board for no explained reason. I think it was a scam for reasons that I posted earlier. Can you save us all some time and money by telling us the facts about all this? TIA
Onthelak42, But we can't find the president and sole employee. In fact we aren't even sure of his name. No one answers the phone and there is no office at the company's address. Other than that, we're all pretty excited about this little beauty. Keep the faith.
TerryT, January 22 post? Don't be lazy, bring us up to speed. I am hoping that you are a basher here, we've never had one (a basher) because we haven't deserved one. No kidding, come on and tell us what is up with this deal. Please move ahead about six months though, and please tell us the truth. Does this suck or what?
Saleen, Thanks for the tenth posting of that today on the boards. DO you have any comment of your own? Pleasae give us the truth.
Neo43, There was disappointment today because of the lack of promise to take the company to a money maker. The fact that gov't agencies may offer use of their facilities and work along with our company in creating cures for both domestic and wildlife problems is good. Now what? No report on the Aldevron deal, no report on GE stuff, no report on how to pay next month's bills. I'm sad. Sorry.
Hettygreen, Thank you for the very helpful post. The combined sources of opinions from investors as well as the opinions of the broker-types is a superior poll to the message boards. I would hope that the $1.04 would be a very modest projection if our science is approved by UL and FCC and a market place for our product is confirmed. I wish that the company would be so helpful. As a positive poster here do you have any ties to information that shows the company making positive moves with potential clients? It also intrigues me that a former INTC VP is in this. Is he a winner making a change for the better or otherwise? My DD is not good on this one. TIA
Holycow, thanks, I'll take my third! It was fun and helped get through the no PR doldrums.
Longterm42, Thanks, I have no experience at all with a public company that has had trading suspended. However, people on this board have made numerous attempts to contact the company by phone and e-mail and have gotten no reply. One would think that a taped reply or auto-response e-mail saying that "the company is restrained from commenting at this point but will provide news when able" would be both careful and somewhat reassuring. I'd love to hear it will all work out, but the posts of people who say they are experienced in these things have dampened my hopes. GLTY
Onefreedude, Sorry, didn't notice. I'm cheering this on in spite of having a sucky attitude toward a company that won't put out even a one line explanation of what's going on. Keep up the positive posts!
Buddie, at 10:15, stock at .0005 on 3.7 M shares traded. Am I wrong? TIA
Holycow, I want it to happen and be real for me and the people who will need the help. Sound sappy? sorry but it is true, that is me. I hope you are right and all is well. I have been in positions of leadership and can remember well when my communications were good and when they were lacking. I won't boor you with agonizing difference. Take care.
gdepc, about a year but have gone back over about 3 or 4 years worth of material.
Paulness, thank you for your thoughtful reply. My worry here is about a distrust of the behavioral patterns shown by management, not the science, which I do not understand clearly, in spite of the patient posts of those like bigworld. Spending a few thousand dollars for a biotech writer to communicate to the dummies out here, like me, doesn't seem unreasonable. Again thanks for your reply>
Bigworld, welcome back. You're close enough to the action to mosey on over to the corporate offices and say "hi pard" to our favorite scientists. Good luck with your move and please keep your finger on the pulse of CYGX for the rest of your less able friends here. TIA
Gdepc, why would the gov't come to cygx when a bunch of other companies are getting the word out on their progress and appear to be ahead of us? Bigworld is posting again and not talking about us, and I consider him the most knowledgable and sincere poster here! I am unlearned when it comes to biotech but not when it comes to the business world. This company is doing a very bad job of showing what they have to offer, if anything. The gov't might well subsidize a company that would make flu vaccines affordable for all.
Texguy, I think you can relax here! LOL The gov't hasn't nationalized the oil companies yet or any of the DNA companies that have already have approved product to deliver and are years ahead of us. I was hoping that the gov't knew we existed last month and would create a relationship with CYGX and the Dept. of Agriculture for "something". As usual, nothing. Take care, I'm hoping for magic too!
Tibbcat, just teasing you on my last post. I appreciate your TA work and read all your posts. I hope you see a huge hammer candlestick formation. I hope I see a PR that indicates our product works. I hope we both get our wishes!
Tibbcat, maybe the flushing that's going on here is the sound of people disposing of your previous predictions on the direction of the SP. People concerned about losing money for reasons that aren't clear to them "cracks you up"? Posting on this board longer than others gives you some sort of status?? now that cracks me up! GLTY
Wolfandbear, why so many posts on a board that is an obvious wash out? You sound like a sharp guy, and have a sense of humor, but do you have info that you are not sharing with us? Do you have the room number in the motel room in Rio where our CEO is conducting business. Don't hold out dude, we're buds, right?
More please, you are right about the rights of both bulls and bears to post their opinions and biases. I think the most divisive issue on this board is about the guys that run this company. I like the science that is proposed but am disgusted with the public relations and the company image. I am not a biotech guy but I have quite a few friends who are doctors and have an interest in keeping up on all fronts for investments. We discuss DNA science and progress and the names of 6 companies will be mentioned in conversation, never our dear little CYGX! Tolerance of all views should be the rule, but views like mine should not be considered rants. I've been around quite a bit and have been successful in other areas. This group is quickly showing themselves to be either sneaky or inept at taking something good to the next level. I'm long until they show the goods can't be delivered. GLTY
Neo43, okay, thanks for the TLC. I have been in about a year and am impatient because of having had fine luck, due to much DD, with other stocks like this one. My newness is not in business but in investing in pennies. I confess to falling prey to prevailing moods on posting boards from time to time. I am perfectly happy to check most of my portfolio every 90 days, but these little R&D's must be watched, because you can lose the whole deal in a day, done it once. I'll try and behave myself on the board, thanks for your thoughts!
Jpgetty, I think he is probably a clever fellow who is now on a cruise ship with a friends wife and planning to invest in time-share in the Islands. The address the guy had for work?, I mean he needs a break. LOL
Instructmba, Don't let him attract your attention! You have reduced the quality of your board by 50% today alone. Is it your ego that makes you waste all of our reading time by going over garbage with Meridian? No reader of this board benefited by your personal jousting today. Don't indul;ge yourself too much please.
Paulness, I am here long and appreciate your response. I didn't miss your point but was thinking other investors might be feeling the tremors that I was feeling as opposed to yours. I want this to work very much. I want the synDNA to work for the good of all of us (I know corny, but true) and I would like it to be a good investment as well. I have been around! I won't boor you with details, but this company is not doing this poorly!
Wolfandbear, did you appear here to help us get through our bereavement of KSWJ or to "help" us get into another couple of beauties just like it? I knew this was gone when it got suspended, but I am amazed that some intelligent posters have hung around. Some say they are intrigued, some hoping for luck, but you are the first that seems to have a purpose of some sort. I stay on here because I think its fun and to punish myself for being a jackass and breaking my rules of doing DD before investing. Take care.
Paulness, the lack of communications from this company is outrageous. It has one product and one order for it, and all the other science projects and cures have been put on the back burner. They need money again as well. The tremors you feel are not being felt by the company but by the stockholders who can't believe in the arrogance of this silence. Grants and funding are good news? LOL That synDNA works would be good news, then you don't need grants. I'm in here long and not a basher but I am soooo disappopinted!
NWTF. I agree totally. However, today he is over ruining the JDZ board, so we have a hiatus here. LOL
Instructmba, please ignore meridian as he will infest this board as he has the ERHE board, which is almost unreadable now.
Instructmba, I read about a third of that post and my hair started to hurt! LOL Is there any thing of importance there? Thanks for a nice board as well.
Holycow, your hope for this company is the same as mine. We have gone along with this deal for a while so let's hang in there. Even my doctor friends say that these guys who run this company are dismissive and uninformative! LOL However, if this turns out to be a total miss as an investment and you are overextended by your investment in any way, scoot now. Today was a body blow to my attitude here but not to my wallet. Would love to hear your positive posts some more, however. Best of luck!
Hdhick, the stock lost almost 10% of its value in the last hour of trading today on crap volume. It was over $1.50 a month ago. GEE, I wish I could be as happy as you. Bad attitude today, sorry. GLTY
Paulness, I stand corrected. I intend to be long here and discouraged as opposed to mad. I have "lurked" around for a year, have posted as you have said, and hope to be helpful on the board, if occasionally critical. I do not have a lot of experience investing in the pennies, three years, and have done well although luck has helped a little. I do lots of DD and enjoy reading the posts. I have experience in financing businesses, start-ups in particular and feel that this company is floundering. I like the posters here for the most part but do not plan to spend the requisite 3 to 7 years here to get my varsity letter. If the synDNA doesn't work this is an airball IMHO. News of something might help.
Arnold, I don't believe they could borrow a dime. How they raise the PPO money they do amazes me. I am in long because I want to believe that I can make money but also because I believe that their science can help others. The possibilities are compelling but the management stinks! Look at the SP today. Joke or what!
Downregul8, This company does not qualify for debt financing PERIOD. It stated that it has no credit facility meaning no assets, revenue stream, inventory, etc. to borrow against. Investment bankers will make loans to a company like this that involve bonds or debentures that will have rights and precedents over share holders in addition to lots of stock, which represent dilution. The best these guys can do is cut a PPO that isn't pathetically low, like 50-60% of the market value of the stock. You give these guys too much credit. They may be good scientists but they are not good about finance, communication, or promises. I am worried about no news and the threat of more PPO's considering their new pals in the industry! I am long here but mad!
Trade2much, Meridian is a great and skilled basher. He is knowledgable, reserved, and sly. I haven't read him for weeks or the posts of the suckers (as I was once) who answer his posts or I'd never get through this board day to day. This guy rained on my parade big time a while back until I did DD that showed that he was often and mostly off the mark or I would have sold. But he is good enough to clutter this board to hell if you read all of his stuff and the people who respond to him. I don't ignore posters, I just speed read the first lines and move on. I am not a veteran of the pennies, but this Meridian guy is the most prolific poster I have encountered. GLTY
Jpgetty, I found this stock through people who have invested in the bitumen oilsands in Canada. The science proposed here would be a huge boon to exploit the oil resources there. None of the names that hyped this stock have reappeared here on the the other boards. Coincidence? I continue to check in here because other seemingly smart people post here and hmmmmmmmmm? Wouldn't you think that the science that this company has might have been discovered by the R&D depts. of the big oil companies or the major universities? I am mad at myself for being a major dufuss and check in here to punish myself. LOL and GLTY
Inststuctmba, I don't post here much but do learn much without having to wade through pages of hogwash. I am David02835 from Jamestown, R.I. for your map. Keep up the good site!
Holycow, I hope it's a great week! But (OT) the condos on the ships like the Residensea are quite expensive. One million buys you a closet and the condo fees average about $6k a month. So let's get this stock cranking! GLTY
Lowman, I want you to be right! Do you have a reliable source that could let us know how soon VERY close is? I was excited last November when the company announced that it was close to taking orders, and here we are 6 months later. I am long here but a little frustrated watching the SP sag.