CryoPort Inc (CYRX)

[hyperopia]

CN, I agree that it was a decent deal, and it shows Cryoport is turning the corner. Less than 2 years ago they raised capital at a nearly 50% discount at $2! What I have a problem with, is Petrichor characterizing the deal as a “partnership” and an “investment” like they intended to be long-term shareholders, when in fact, that wasn’t their intention at all, and they actually appear to be getting ready (like CB) to sell into the very next pop. I mean they didn’t even bother to wait six months or a year to register them. And then for Shelton to further the mischaracterization, pretending that he thoughtfully structured the deal that way because he actually cared about diluting shareholders. As my father likes to say; “Don’t piss on my back and tell me it’s raining!”