CryoPort Inc (CYRX)

[coldasice]

I found the 739,000 interest expense. I believe this amount was NOT paid out, this was part of the Roswell restructuring from the passed. I believe all interest was nullified, and a 15% premium was added to the principal, I could be wrong, but I believe this to be the case. Perhaps the 739,000 equates to the 15% premium.

Here's why, CYRX had about 1.2 million in cash ending 9/30/2008.
If you were add the interest expense and operating expenses for the passed 3 quarters, we wouldn't be writing on the boards tonight.


General, selling and administrative, 560,670
Interest expense, 739,347. Almost impossible for that interest to have been paid, would've wiped the company out.