CurAegis Technologies Inc (fka CRGS)

[Torvecian]

I think they were based in Atlanta.....

...not certain about that...they were known for creative finance structures.

Creative meaning that if the client availed themselves of the cash borrow, they were generally doomed due to the spiraling cost of funds based on a moving average of the stock price. Guess what direction the stock price always went in.......

Recollection is a little fuzzy but I believe Torvec signed a deal with them but didnot draw down capital or drew down very little. There may have been a stock grant to consummate the deal. The stock got pounded back then and there were a number of charactors on the Raging bull board whose full time job appeared to be trashing the company. Torvec sued some knucklehead from Long Island who was Torvec1 on Raging Bull. Had to google it and surprised it came up. John Speizio was his name. I think it got settled out of court.

That was 20 years ago.....my hair was brown