News Focus
News Focus
Followers 6
Posts 6914
Boards Moderated 0
Alias Born 07/27/2003

Re: None

Tuesday, 11/07/2006 11:41:18 PM

Tuesday, November 07, 2006 11:41:18 PM

Post# of 64738
Thought on financing the building/facility. While many have agreed without revenue, CYGX may not be eligible for a mortgage, they are able to show that by selling PPO's they have been able to cover all expenses for years, including rent, salaries, utilities, etc. They have already made a sizeable downpayment on this project, and along with this can show a financial institute that if their revenues cannot cover mortgage payments, they can still sell PPO's to cover the monthly payments. CYGX would not have to dilute the stock immediately and if they can sell synDNA and bring in revenue, they won't have to dilute the stock to the degree that they will have to if they use PPO's to pay for the building upfront. They would have years to pay off a mortgage a little at a time.

"If the facts don't fit the theory, change the facts."

Unleash the power of Level 2

Spot liquidity moves with access to US order books.

Sign Up