Cytogenix (fka CYGX)

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Lost in this discussion is the science.

In my view what happened at CYGX is the CEO walked into the scientists office and said – “What do you need to succeed?” The Scientist said “I need a sterile lab to produce this product!” With the help of GE Medical and others they already created a machine to produce DNA snippets. Their hope is to produce a machine to manufacture perfect copies of millions of molecules which could provide for miracle cures to human disease. They need a new lab to eliminate contamination of the product.

The CEO went to the accountants and said he was going to build a new lab. The accountants said “no way- we can’t afford it!” The CEO persevered then the accountants aggressively moved to stop the building of the lab. The accountants lost the argument and were forced out of the company.

In the interim what we are witnessing IMO is right out of the series “Dallas”. On one side an imperfect management is trying to keep the company moving forward, on the other vengeful men are attempting to subvert and delay the companies’ progress toward achieving a noble good.

My bet is the scientist win in the end.