Corgenix Medical Corp. (fka CONX)

[levelnever]

Only one of the two lawsuits has been settled from what I see. The other one had the plaintiffs start to play hard ball a few weeks ago, probably in light of recent news. I still think they have great case considering all that's happened.

That said, man I've never seen a BOD so badly mangle a company, value would be $1+ if they hadn't pulled rug. Really makes you wonder why any reasonable person would do that right after stock PPS started surging, or if it wasn't really about reason at all, but rather the connections to the Orgentec.

Regardless, my personal odds are:

85% happens as is
10% pot gets sweetened
5% deal gets pulled

1. Happens as is means essentially 0% return, no significant gain, but no loss
2. Pot gets sweetened, who knows but up.
3. Deal gets pulled sky is the limit for all of us although I'm sure Orgentec would be none too happy.