CryoPort Inc (CYRX)

[coldasice]

So far so good, still some unanswered questions that need to addressed.

Todays the perfect day if you are given the opportunity.


Taken from yesterdays 8k

"Agreement is for one (1) year, cancelable by either party upon thirty (30) days notice."

Was this a rush agreement to satisfy a client? What if Fed-Ex was to cancel the contract, how does that affect CYRX and the end user/CRO? I can understand CYRX canceling the agreement, They receive a better deal from the likes of UPS and DHL.


Taken from yesterdays 8k


"FedEx will bear the risk of loss, damage, theft, destruction, attachment, seizure and the like, except for reasonable wear and tear or product defects."

A dear friend brought this to my attention, which he stated was a big win for CYRX. He was always concerned who would be responsible for the container and the cost associated with the above mentioned situations.


CP