Understanding China Transaction.
Their Chinese partner paid a $300k licensing fee plus guaranteed to pay a minimum of $500k per year to CRYO. On top of that, the partner is going public on the HK exchange. CRYO will own 5% of that public company. For that 5% they paid $300k. If that company trades at a valuation of $100 million, which is very possible in that market, CRYO will have a $5 million asset. If it only traded at $10 million valuation CRYO has an asset worth $500k. On top of that they will receive a minimum of $500k per year.
This is not a scam at all, but international business as usual. If you think it is a scam just sell your stock and put your money in t-bills. Me, I just keep buying more every month and will continue to do so until CRYO gets bought out by a large biotech. 2019 or 2020 doesn’t matter.