"revenue-free collaboration", the real story of CYGX summed up in a simple statement. We keep talking about arrangements & agreements, with little / no revenue. How are we supposed to survive with almost no income?
I guess we will just call the old guards folks back and ask for some more money for shares. We are going to do something great, just send us a check and you'll see. Something tells me that isn't going to fly anymore.
I think the SEC investigation might be a little more about their business practices than just asking for a birthdate. Lord knows how many millions of shares you can give yourself for nothing before someone in the authorities starts looking at this and saying OMG, why does management need that many shares again?? It's because we want to protect the company from a hostile takeover??? Sure, what would happens if one of them gets divorced, the wife would own a good percentage of the company just based on the half he has to give her.
