Cytogenix has debt.
Cytogenix has entered into a 36 month promissory note on July 18, 2006 with
Frost Bank National to finance the cost of equipment. The note is for $80,000
with payment of $2,569 per month with an interest rate of 9.51%. The bank
required Cytogenix to deposit $50,000 in a CD to guarantee the note.
"If the facts don't fit the theory, change the facts."