Cytogenix (fka CYGX)

[djharker]

skooby, the negative is obvious - someone thought it was a GOOD DEAL for them to get only $25,000 for that 10% of cygx's patents they owned. Maybe they are just stupid, and got ripped off by CYGX. Or, maybe they are not stupid and feel lucky they got as much as $25,000 for these 10% rights.

I own between 30,000 and 40,000 shares of CYGX, so I sure hope we ripped them off, paying only $25,000. Like I said, I was a bit startled to see how low of a price it took to get that 10% back - wouldn't you have preferred the validation on the value of CYGX patents that a much higher price would have shown? I would love to have seen CYGX pay (and be ABLE to pay) $500,000 for those 10% rights, valuing the patents at $5,000,000.

I'm not very concerned about it, and will be buying more CYGX soon, but thought this low price deserved some discussion here.