CSMG Technologies, Inc (fka CTGI)

[Sekrah]

New to the board, did some DD on this stock tonight.

Looks sketchy. One technology in which there's no guarantee they'll be widespread acceptance of (and still needing FDA approval which looks years away yet) and another technology with lots of competition. (They claim to have an edge there but I've heard that before with pennies).

No revenues, $6.3m in losses the last 2 years.. Net Tangible Asset deficit climbed back to $6.75m this past quarter. More shares seem necessary in the pipeline to fund this thing until they get some revenue.

I'll check back when this thing has an O/S count of 50-60 million and is trading around $0.25.

Just stating my opinion. I'm sure you guys have counter-arguments ready to fire against me. Please reply if you can do it without going into juvenile tirades.


Thanks.