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Re: LongCYRX post# 3110

Wednesday, 06/17/2009 10:58:57 AM

Wednesday, June 17, 2009 10:58:57 AM

Post# of 12137

business is business.. we are still in the midst of a credit crunch and our financials look horrible. so lets say we convince a financial institution to lend us money, do you think they will say "lets be fair to the equity holders and make this deal as anti-dilutive as possible" i think they will say listen we like your story but given your financial situation and zero history of revenue this deal is going to be in our favor heavily. and unless this deal pays off the roswell debt the current float is going to be severely diluted in my opinion. back when we initially got the roswell money we were supposed to use that to ramp up production (which was a lie) and sign up some customers so we can self fund our growth.. well that money is long and gone and we have little to show for it..

Stambaugh might be a genius and the best option CYRX has but to think he will pull off a miracle is a bit much.. regardless of how much time we WANT to give him the clock is ticking on CYRX
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