THE ipo MARKET IN THE U.S. stock market is very difficult
today and a lot of companies are withdrawing their IPO's
or cutting back on the shares for fear of not getting them completed at a good price in the market.
It is amazing how CTGI has been able to continue with
Empires Financial loan backing but sooner or latter
they will have to raise money for either LTC or the
CO2 project.
When you gactor in the cost of reposrting under Sarbanes
-Oxley in the reposrting for these companies these are
additional costs.
I read in some article a while ago that it is cheaper to float
shares in London on ther AIM and that their stock market is more stable than the U.S, market and that it costs less to go IPO because there less waves of sellers.
I wonder if this maybe a better option to raise funding for CTGI to do than using Empire Finacial or if Empire has the
capability of a London fund raise since they are going for EU
approval and may have more recognition their with the success
of their European clinical trials among the doctor surgery thought leaders.
They are beating this dtock down because of no news,no revenues,and no FDA orEU approval but all we need is
about 10,000 shares on the buy side every day to raise the price $.05-$.10 per day.
Long and strong CTGI!
Regards,
bbhuey
