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They The MOU does not expire at the end of 30 days. The 30 day number is the number of days the pump manufacturer had to say whether or not it wanted to negotiate a deal. That was done in day one. Negotiations can go on as long as both sides want it to continue. I assume that either side can break it off at any time if they are deadlocked and can’t agree on a deal. If that happens, it’s on to the rest of the pump manufacturers.
Maybe someone should call the company for an update.
Many here want to know what’s going on but they won’t call the company and ask. I’ve done that and reported back. It’s someone else’s turn. Go ahead, Sulax. Let us know what’s happening.
He did say CurAegis will observe a quiet period. Not, just the pump part of CurAegis. It doesn’t really matter. It seems like there’s nothing to brag about with the CURA system anyway.
I don’t believe a quiet period can only be for part of the company. Until that concludes, I don’t expect to hear anything. Quarterly report due out early in November may possibly give some sort of an update however.
Right. Like they’re gonna push TG around. The big negotiating factor is that they have to worry how many billions of dollars in business would be lost to whichever company has the exclusive rights. I like the prospects of a good deal for both sides.
I agree on the lack of media coverage. I was hoping that would happen. Obviously their plan to do that changed.
Call Donnellly if you think the quiet period does not apply to CURA. You can also get an update on the numbers that you keep repeating.
It was a question that was asked by someone; not really a discussion.
Agree with you. If the pump sells for what it should, we’re all set. If it doesn’t, they call the other manufacturers and start all over. Cura will get there but after the pump.
I purportedly have a Fitbit with the app.
That was a lot of information for a purported conversation. Maybe I imagined it. Nap issue was also discussed at the annual meeting.
Any idea I may have, Oakie, is because I’m a realist. I only deal in facts. I don’t care what anyone says about expectations. If someone says he has sales expectations, that is not a fact. It is his opinion. Fact: there are no meaningful sales yet reported. Fact: CRGS is in negotiations with a major pump manufacturer. Those are the only two relevant facts at the moment.
Obviously Cura is still a work in progress. No sales announcements yet. I believe that will change but not before there is a final deal on the pump. I also believe that there will be no news about anything, including Cura, until the quiet period is over.
The key word there is “expectations.” When they announce “actual sales” let me know. Right now, it’s all about the pump.
Great find on your post, Leitrim. Did you notice that the Businesswire,com site that had that article about the pump industry is owned by Berkshire Hathaway? Lots of credibility there.
“The market for hydraulic pumps has been plagued by lack of innovation.” Time for the world to find out about the CurAegis pump innovation.
Is this information somehow useful to us? You’ve been posting it for years and nothing has changed.
The 33 cent glass ceiling has been broken.
Just hit 40 cents. There goes Oakie’s “can’t pierce 33 cents theory”.
I am interested. I just didn’t understand the last sentence. I’m trying to put it all together.
Oakie, I did not understand your last sentence.
Maybe it’s “triple g”.
No idea. It’s gotta run out eventually. At least we hope so.
The cheap stuff is being gobbled up.
Dino, I think it was for x amount up to 49 cents. It sure seemed strange. Could be a rookie mistake. Anyway, it was exciting for a little while.
When placing an order to buy or sell an OTC stock, you must put in a price that you want to buy or sell. You can’t place a “market” order. If your limit is at the asking price, it will be filled assuming the amount of stock you want to buy is available at that price.
All OTC stocks must have limit orders.
For those that weren’t watching at the open, it hit 49 cents this morning.
Zendo, you are slightly wrong. The Memorandum of Understanding (MOU) was the agreement to deal with the pump company and CRGS. They had 30 days after testing to let CRGS know if they wanted to negotiate. They appear to have done that within hours after the tests were completed. That says a lot to me. 1) the pump must have passed all tests or they wouldn’t be interested in negotiating and 2) they really liked it. Now they negotiate without interference of other parties. The 30 day period is now irrelevant. Hope that helps.
I agree. Prove it.
The majority insiders want the price to be low? That is a rediculous statement.
Not sure about the analogy but the Twinkie post is certainly the funniest post in years.
Welcome to the ihub speculation board, StockSwap.
8K out. Change of plans. Engineers from overseas are coming here instead of ours going there. Same week.
It’s called adjusting to market conditions. Sometimes that is necessary in order to raise capital.
Director support is now considered insider greed? That’s a laugh. Detriment? Here’s a valid point, Fade....If it weren’t for their participation, you would have wallpapered a bathroom with your worthless shares about 6 years ago. At least now there is a chance for success. Good luck overseas, CurAegis!
No, the media plans were not discussed. There seems to be many followup questions here. Why don’t one of you call DK on Monday and post the answers?