CSMG Technologies, Inc (fka CTGI)

[bbhuey]

The only reason that can explain this stock action is that
they maybe in default on the $1.5M which got $125-$250K when the price the stock falls below $25-$.38 you would need a shitload of shares at these prices to buy them back for cash at these prices over 800K shares at 118% of value if that is what happening.

This is only a guess but we won't have an explanation until the dust clears or the company issues a newsrelease.

Or someone be naked shorting the stock on the Berlin exchange to drive everyone out of the stock at cheap prices when they know in Europe what this technolgy can do and have had over 10,000 successful surgeries and a matter of time before it gets traction in the medical markets?

The Ukrainian device was a universal sealer that did all of these different tissue welding across all surgeries.

It appears in an effort to make more money they retooled
the device to be separated into separate devices that
took extra time in developing and getting approvals approvals for.

Meanwhile the markets are moving fast and furious and the whole market for equities and credit financing changes
from a growing economy to a recession bailout depression.

Only time will tell whether Don and Frank made the right decisions and that will depend on how well the medical
world perceives their product upon launch

The way this stock has been reacting lately has been frustrating to all of us to say the least
9.

I have been here for over 2 years and have never seen a
seller have that many shares to sell unless it is an insider or the company and not an institution.

Has anyone talked to the trasfer agent to get the current humber of shares outstanding

Does anyone know if they are in default situation how long do they have before they are required to file an 8 K like on the the $726K judgement which they have not disclosed whether or not they will appeal it or not?

I think they hired the PR firm expecting things to happen
and got hit with the poor market dynamics for the equity
markets and seem slow on the draw since the last letter to shareholders on any new news that has some doubts

Naturally managment's silence since then has been disappointing to shareholders



Regards,

bbhuey