Cytogenix (fka CYGX)

[kobisan]

Thanks for the info. from Berens. I've also been in this stock for a while (almost 8 years) and I agree that CYGX wouldn't have made it without PPO dilution (the lesser of two evils in CYGX's position).

Since CYGX is only putting down 12.5% of the full purchase price of the facility when construction starts, with a 75% payment due upon completion (I'm assuming 12 - 18 months), I think their strategy is to pay for the construction with a mix of revenues and PPOs. I'm hoping that revenues will ramp up quickly in '07 to cover most of the building costs.