Well said Arnold,
After several emails, I think I, too, need to clarify a couple of points. I am still long and a certified believer in the technology. I am still convinced that some day Yin will walk across that stage in Stockholm. When I say that, I am totally candid about it.
If CYGX would just release a press release that was simple to understand and stated 'pertinent' information I think it would help greatly. We need PR's that tell us something about progress. A PR about a successful animal study would go a very long way. A PR about obtaining financing or a partnership would do the same ... maybe even better. The question is, "Is one forthcoming?" You make a good point about the lack or private placements. If there are indeed none, then either someone is out to lunch or there is something on the horizon that is expected soon.
Like you, I can't put a finger on it, but there have been rumblings and we may be approaching a jump in progress. It's time. We need more available cash so we can actually multi-task in the R&D department. They have done near-miracles in the past. After all these years of just-in-time financing it would be great to have a surplus on hand. It is obvious that the lack of long range planning (and the execution of that plan) have been and remain a thorn in our side. That said, some of the rumblings I'm hearing may indicate that we will soon have sufficient long term financing in place. In that case, I'll enjoy eating the roast crow.
Maybe that "Ides of March" crap got to me a little, too. Or maybe, just maybe the Idea of March are coming late this year. Remember 1927 when they came around May 5th. (LOL)
Don't anyone mistake my criticism of anyone in management as an indication that I am considering pulling the plug. If anything, we're stillconsidering adding a little bit more.
AI
