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Re: maddogs post# 32396

Tuesday, 04/20/2010 6:52:24 AM

Tuesday, April 20, 2010 6:52:24 AM

Post# of 35633
Yup, the train seemed to get stuck on the hill with DR about 2 years ago at this time, just when things were looking really promising......the FDA approval pop notwithstanding.

I was ripped a new one by posters here when Kurtz took over, after I suggested younger, more entrepreneurial leadership was what the company needed. Seems folks are pretty happy now that the venerable but old Doc won't be at the helm.

Another topic that won't win any popularity contest but needs to be raised has to do with the amount of $$ that LTC will need to break into the market vs the current valuation of CTGI (and by extension LTC if CTGI does still indeed hold 86%)

$$10 million seems as good an amount as any to get the ball well and truly rolling. CTGI has a current cap of 20 million on a very generous day. 25 million shares were just issued for a PPS that we can't know because we're owners of a pink sheet company, but given the drop in price after the timing of the new shares, I'm thinking the shares were sold at a PPS below .20

How do you value LTC within the CTGI "portfolio"? And does anyone believe that an investment firm will give CTGI/LTC bridge or any other type of financing at a premium to what the investment company can buy CTGI shares for on the open market?



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