Former used car salesman. A perfect fit for the BS we get from DK and his cohorts. GS adds absolutely nothing to the board. Time for him to go also.

The Rochester D&C has an article about Tom Golisano's new autobiography. He is quoted as saying the following:

"Many entrepreneurs have a tendency to overestimate how fast their company will grow, particularly in sales volume, new customers, that type of thing. Just because they put their name on the door does not mean the world is going to come to them. They have to go out and get it.

"If you’re an entrepreneur that doesn’t realize that, sooner or later you’re going to end up with what they call a cash flow problem. In other words, they’re running out of cash to sustain their business. If they’ve done what I just explained, they don’t have a cash flow problem — they have a sales problem. And like I said, I think it’s the biggest issue entrepreneurs have — they always overestimate their ability to sell their service or product. I would encourage any entrepreneur when they're doing their projections to be as conservative as possible."

Sounds like he is describing the players at Curaegis, including DK and especially Donneley's outrageous claim that there would be hundreds of thousands of Cura users within a year - 2 years ago. Maybe that's why DK has gone quiet - any predictions or statements he makes at this point would have no credibility whatsoever based on past history. Save the updates util there are actual sales of Cura or the pump. Until then DK should heed TG's advice.

No need for any response from DK. You summarized the lack of progress for him. I doubt he wants to continue embarrassing
himself with another CEO update with no pump sale or Cura sales.

Maybe they should have left the sales and marketing up to the kid. Could we be any worse off?

Sad thing is there are 12 year olds pitching their products/business on Shark Tank who have more sales than Curaegis has had cumulatively over the past 20+ years. Pitiful. Really pitiful.

Sounds like the perfect guy to give away the free Cura app to the hundreds of thousands of users Donnelly alluded to. Maybe DK will someday hire someone to monetize the Cura platform.

So the app for the Apple watch is a free public service? This company has never had any significant sales and now they are giving away the Cura app to the general public in lieu of actually making profits on it? Meanwhile the revenue producing commercial app is "coming soon?". We all now by now what coming soon means in Curaegis speak. DK please clarify the business plan for the Cura tech.

App sales??? The description for the Cura app on the apple app store indicates that the app is FREE. How will Cura produce revenue when the download is free? As usual nothing but confusion and misleading information from DK.

Is there the remotest chance Jet Blue is still interested in the CURA tech? Chances are they have moved on due to the incompetence on the part of Curaegis in producing a working system in a timely manner. I wonder how many other potential CURA customers got tired of waiting and have moved on to other options.

RE: CEO update
As always, next quarter, next year. DK keeps spinning the same old song. How about trying a little honesty and admit they are in over their heads in everything they have tried to accomplish.

So Donnelly stated at the last annual meeting that there would be hundreds of thousands of Cura users in 2019. His statement wasn't refuted by any board member present. Three plus months left in 2019 and not a single Cura user has been announced. As a reward for Donnelly's incompetence DK promotes him to COO. Are you kidding. Enough of this BS. Time for TG to step in and clean house - that would include dismissing DK who has been incapable of commercializing anything.

Of course not, nobody knows. Keep in mind all they are trying to sell is a bench tested pump with patents. No real world testing in heavy equipment. No proven assembly line production. No sales history. Just a pump with claims of industry changing potential. We heard the same thing about the IVT and the Isotorque. Same with Dexler"s folly, the watches that ended up in a dumpster fire. So no reason for a whole lot of optimism here. I would love to be proven wrong.

Any monies from a sale of the pump is likely to be used for working capital, to repay loans to the company by DK and others, and to pay accumulated dividends to the various classes of preferred shareholders. Common share holders shouldn't have high expectations for anything to left for them.

Speaking of Donnelly, now that the watch is a dead deal we are left with the Cura system app. The unrefuted claim of hundreds of thousands of users by next year seems to be outrageously optimistic, a claim protected by the safe harbor advisory. However, there is no reason DK can't address this now 6 month old claim in a CEO update. I understand he is probably busy with the pump negotiations but Donnelly's claim begs clarification/confirmation.

A 10Q filing is due within the next 10 days. An accompanying CEO report with an update on the Cura system would be nice. It has been 5+ months since Donnelly made his prediction of hundreds of thousands of users next year. Sales are unlikely to go from zero to hundreds of thousands that quickly IMO, unless they are already well underway. The 5 month silence surrounding Cura is uncalled for given Donnelly's statement. DK, the floor is yours please.

Absolutely no mention of the myCadian in the CEO update. I assume that means still no significant sales for the tech that was supposed to bootstrap the company until the pump was commercialized. Maybe it's time to bite the bullet and stop wasting money on the watch. Mothball it ala the IVT, Isotorque, FTV, CV joint, etc...

RE zero excitement for the sleep tech - we went from a proposed $300 per watch to $175 for early adopters to $3 a month for an app. How exciting is that? It's a nice product but not world changing by any stretch of the imagination. The pump is our last hope. I'm hoping DK's enthusiasm for the pump is justified.

Where is TG at this critical juncture with his deep pockets? As a multi billionaire he could easily float the company, which he is the largest sharehoulder of, a loan to eliminate the .33 nonsense.

So where is the PR company CurAegis hired? I would think the myCadian/Fitbit connection and the CurAegis website now functional for sales of both the Fitbit trackers and the myCadian app would be PR worthy. Also, wonder if CurAegis gets a cut of any Fitbit trackers sales made through the CurAegis website?

The myCadian app on the Google play store indicates it was updated yesterday and in beta status. An improvement from the previous under development status. There is no charge for the download so apparently no revenue from the app.

I agree there's room for optimism but my point is where's the accountability or explanation for the lack of results for statements made in recent CEO reports? Keeping us informed was promised in Dec 2017 - 5 months ago. I'm still waiting, as all on this board are.

CURA division:

"We are hoping to have this offering done and ready to deliver in March or April." - CEO report Dec 2017

"We are currently on schedule...ready for sales and delivery in late March or early April." - CEO report Feb 2018


Aegis division:

"We have scheduled and will continue to schedule meetings with some very large corporations...We will KEEP YOU POSTED as this process continues." - CEO report Dec 2017

"We are expecting to have our initial pre-production prototype ready by the end of April." - CEO report Feb 2018

"We are in discussions with large manufacturers...We will KEEP YOU INFORMED as to our progress in these negotiations." - CEO report Feb 2018.

Not one of these statements by our CEO has happened to date. DK's unbridled optimism may be just BS to placate shareholders. We hear repeatedly how great the watch and pump are, how the market is so enthusiastic for them, and the company will soon bootstrap themselves with major sales. All BS. I expect the next CEO report to be a copy/paste of the above nonsense spewed in Dec and Feb. DK is sounding more and more like JG - all hype and no results, just more incompetence and failures. Shareholders deserve more accountability from their CEO than we are getting.

The MyCadian may be better in theory but it is not ready for sales and shipments as it was supposed to be by late March/early April. Meanwhile potential customers may be committing to competing products and may be reluctant to eat that expense to jump to the MyCadian when and if it is ready. Same deal with the pump. We always seem to be still in development.

Per today's 8K filing DK in the past year has put up $500,000 to help keep the company afloat. He's either supremely confident or dumb as a rock. He's not dumb for sure so I expect good news on the watch and/or pump at some point. Just wish he wasn't so tight lipped after missing the watch sales/shipments timeline.

How about DK just update us on the status of the watch and beta trials, along with a progress report on the pump negotiations which he has promised to do in the last 2 CEO updates. That would put an end to the speculation.

RE: a CEO update
Whenever we get another CEO update I expect nothing less than kicking the MyCadian launch and the pump/motor prototype and negotiations further down the road. Also, more of the blame game, as in the contractor for the pump/motor caused a timeline to be missed, and as in the watch contractor was incompetent so development was brought in house. 18 years of failure to launch a product successfully apparently has the company in denial that any of that failure is their own fault. New timelines and blaming outsiders for failure is getting very old.

We are now past late March/early April and since we have not been told otherwise, it's safe to assume the MyCadian and "other wearable products" are not ready for sales and delivery. So another in a long string of self imposed timelines/deadlines is missed.

In the Dec 6 CEO update, regarding the pump and motor, we were told meetings were scheduled with very large corporations and we would be kept posted as the process continued. In the Feb 5 CEO update we were again told about these meetings/discussions and told again we would be kept informed as to progress with negotiations. So over 4 months have passed and no information to pass on to shareholders other than the repetitive meetings/negotiations line. I assume then that at this time no customer is moving ahead with a licensing deal.

Failure to deliver on both of these products has got to be both frustrating and embarrassing to DK. The company has never, in it's entire history, met a projection/deadline or brought a product to market successfully. I'm sure everyone at CurAegis is trying their best but trying is not good enough. For a public company, only success is acceptable. Repeated failure has negative consequences. Maybe it's time for Mr. Golisano to light a fire under some behinds on Mt. Read Blvd.

Is someone feeding shares to Oakie's alleged naked short? If so, who is and why?

On the Google Play store, the myCadian app download, updated April 9,2018, is described as still under development, may be unstable. Not looking so good for the late March / early April target to have the myCadian ready for launch. Next quarter maybe?

DK's Feb 5 CEO report stated 2 things:

First, the new MyCadian platform would be ready by late March/early April and they would be ready for sales and delivery of the watch and "other wearable products."
Second, they were in discussions with large manufacturers to license the pump/motor and he would keep us informed as to the progress of negotiations.

On both products there has been no followup. If the watch is not ready yet and the pump negotiations are going nowhere he should say so publicly. We are used to hearing the words delay, unforseen, additional testing, etc... If that's the case, so be it - state so and accept the criticism. If by slim chance there is good news about one or both products - say so and accept the congratulations. The silence is not conducive to attracting new investors.

Hare to be a pessimist but if past is prologue the next word from the company will be the infamous next quarter routine. That brings us to July.

Business as usual for the company. They have yet, in their entire history, to meet a deadline or projection. Always a delay and excuse and a new next quarter projection. I have hopes that history is about to change but as others have said - show me the money.

We've heard those 2 key words continuously for the past 15 years. Also the infamous "next quarter."

Apparently there is nothing positive to report. In the Dec 6 CEO report DK stated that they had scheduled and would continue to schedule meetings with large corporations who had expressed interest in the pump, with the intention of agreeing on a licensing deal. He said he would keep us posted on their progress. 3 1/2 months later there has been no news on whether anyone is interested in actually moving forward on a licensing deal. Maybe the old next quarter promise. On the watch he has told us late March or April for the new platform so maybe they are on schedule. Or not.


interest

If there is any positive news forthcoming on either the watch or pump/motor there is absolutely no reason to withhold it until the end of the month or into April.

Whether someone wants in or out, there always seems to be a significant move in the share price ahead of the actual news that would trigger that move. Insiders always have the advantage. It will be interesting to see what news, if any, is released next week. Positive news in a 10K? News on a pump/ motor licensing deal? Progress with the watch? Maybe nothing. Time will tell.

They don't already look asinine with the failure to launch any product in their entire company history?

I will happily feed the short but it would be at a share price significantly higher than .30.

Yes, the spike in volume is interesting considering there is no recent public news. However, we are due for a quarterly 8k and 10q. Would anyone be surprised if insiders have knowledge about the content of those reports that the rest of us don't yet know and are trading on that knowledge? The last dump to 30 cents on high volume occured just before the company announced the watch had issues.

I too am generally happy with the update. The watch is on schedule and talks with other wearables companies is something new. The pump is a mystery - more talks with potential customers but none have pulled the trigger. Torvec/Curaegis has been in talks with potential customers for 20 years with nothing to show for it. Hope DK is right and 2018 is the year talks turn to sales.