Cytogenix (fka CYGX)

[david02835]

Since my name has popped up a few times on the board in discussions concerning the timing of news and PRs from the company, I want to clarify some of my previous comments. I think I have mentioned that the information that I have gotten is second and third hand and not from the company directly. One broker in particular has been passing on info to me that he says that he has gotten directly from management. He has mentioned the source to me, but I choose not to reveal names for obvious reasons. I have never traded the stock on any of this info nor has the stock ever moved significantly in response to the posting of this info.
Last spring I was told that the company was putting a deal together with China through Aldevron that would involve the sale of synDNA for use in the field of agriculture, which would give the company near-term revenue and take some of the sting out of having to wait a couple years for using synDNA for humans. I continually pressed my source for upcoming news but was always put off by inane statements like "they are waiting for the right time to make announcements" or "they think that it is best to wait until after labor day". In the mean time the company has felt comfortable to have continuing PPOs to make ends meet. Great business plan!
Recently I have heard nothing encouraging about the company, so I wait. I no longer trust my source(s) and apologize to the board for any baloney that I have unwittingly passed on. I post seldom now as my enthusiasm is gone. I await the year end PRs to bid adieu. Oh here is some good news! Barchart.com has the company at a 67% sell up from a 100% sell a month ago. Take care.