I respect your opinion, Wawh.
But I disagree.
I think you may be inverting your causality here. If I post something "negative" here, the only reason it carries any weight is because the company's performance under existing management supports any assertions I make.
Look, I've heard good rumors, too. Really good ones. You know what the problem with them has been? They simply have failed to come to fruition. Without exception. Not a single one of them.
Now that's rumors for you. Nobody can blame anybody but themselves for believing rumors, and I don't let myself off that hook. It's my fault if I make unwise financial decisions based on rumors, and I have no problem admitting here that I've done it because reinforcing that honesty through public admission helps me to avoid those mistakes in the future.
But this situation is a bit worse than that. CYGX has its own CEO publicly failing to follow through on things he has explicitly said he would do. Repeatedly.
In other words, I can appreciate your disgust with the situation, but if you choose to blame iHub posters with dragging down the company, I would invite you to consider this:
If what you're asserting is the truth, it means that iHub posters who regularly pan the company's performance have more credibility in the open market than the CYGX management whose responsibilities include both the company's performance and stock price.
This isn't sophistry. It isn't trickery. This is logic. Cause and effect.
Ask yourself: if what you're saying is true, why are YOU invested here?
That's the question I ultimately asked myself, and the answer I grudgingly gave (at the cost of many 10's of thousands of dollars) was that there was no reason to stay on other than the rumors and rickety assurances of an executive management staff that had utterly failed to deliver on one promise in recent memory.
It's why I decided to get out, and it isn't exactly irony that the money I pulled out of CYGX has increased by just under 5% in the couple of weeks that have elapsed since I bailed.
Is CYGX a "bad" investment?
Irrelevant question.
The real question (as far as I'm concerned) would be to ask if there's any legitimate and concrete means of determining what kind of investment, whether good or bad, it is at all.
Numbers? None.
Track-record? None.
Assets? None.
Industry Experience? None.
Products? One.
Customers? Only one alleged re-order.
Patents? One.
Outstanding Shares? 150M.
Stock Price? $0.39
Cash? < $1M
Required Cash? > $15M
I don't need to bash this company. It's doing a splendid job of imploding on itself.
You'll see me as a shareholder again when the guy responsible for that scoreboard has left his post.