CryoPort Inc (CYRX)

[LongCYRX]

Mr. Stambaugh is definitely trying to get the company in compliance of Nasdaq requirements as it is riddled throughout the initial proxy filed yesterday. It is for a reason regardless if CYRX is currently eligible to be listed, whether it is just to promote a better public image of CYRX management or an indication of things to come.

Electing "independent" directors, setting up committee's such as an audit committee and compensation and corporate governance committee are great steps to organize the company, promote accountability, create a credible public image and put the company in compliance with Nasdaq requirements. It makes you realize how in-over-their-heads the situation was for previous management. Over the last years we had billion dollar companies that understand corporate governance and the need for management control with committee’s already in place looking at our previous management thinking, yeah right this company is not ready. Now we have LS and…

I truly believe that LS understands what it takes for a company to be successful. I also believe that he recognizes the implications of performing a reverse stock split and would not do so if it were not prudent. I am not saying if he elects to pursue it, success is inevitable, I am just trying to give him the benefit of the doubt. Seeking the right to perform a reverse split sits uneasy for anyone and I hope that if voted in, it will remain only a right and not exercised.

Cheers

GLTA