I dont like wording of the message today either. But to be fair they did let us know months ago in an 8-k about the pump.
Item 8.01
Other Events
On April 8, 2020, CurAegis Technologies, Inc. (the “Company” or “we”) initiated a temporary suspension of our pursuit of the monetization of our Aegis pump and motor technologies through a sale or other corporate relationship. This decision is directly linked to the COVID-19 pandemic which has adversely impacted and is expected to continue to adversely impact our ability to generate industry interest in the Aegis technologies. Recent updates with interested parties have clearly indicated that companies in the hydraulics industry are mainly focused on internal processes, technology, and employees during this pandemic-related pause in the worldwide economy. On April 8, 2020, our board of directors determined this suspension was in the best interests of the Company.
CurAegis CEO, James Donnelly stated “During this COVID-19 economic climate, our team remains focused on the design and commercialization of the myCadian app and expanding the user experience. Now relevant to the marketplace more than ever, our innovative platform provides a critical health and wellness tool unique to the marketplace.”
