cygxup......you have asked some decent questions which board members and I have attempted to answer. If you feel as nervous as you seem to be about these aspects then I personally would go on to better things which are more comfortable. I don't think you will find another board / site such as this one where you will get honest, open and highly detailed answers to your questions but the more we answer the more doubt appears. I enjoy the questions - thats why I take my time (same for neo43 - Thalio - and many more very great minds here) to answer them. I do this for you and the benefit of other posters and even myself. I need, as you do, the long and short of it. But to call a company which hasn't even started yet a "shell" is not logical at this time (just too soon to make that call realistically). We have put our faith and money into CYGX and must follow their business plan which looks rather clever to me. Oh I have some points about past events such as price of secondary offerings, PR's /NA's on one occassion but basically it looks very promising to me. Perhaps you should print out all impt information (start with Thalio's posts) and complied the facts and make the telephone calls. If you feel there is a shell or scam here then I would get out fast. That would be the smart thing to do and while you sound a little nervous you are smart. We will try to answer the questions (there have been over a dozen posts to you about questions) but we are not going to listen to questions of slander to a start-up company such as Phannuel Pursuits nor CYGX unless you have definite facts which canbe provided to prove your points. Best of luck to you - I hope you make a good decision you will be happy with in the future. Rick