CurAegis Technologies Inc (fka CRGS)

[Torvecian]

Thought some of you might have missed this...

8k from 3/25 .....

"On March 25, 2005 the company sold 10,000 Class A Preferred Shares to an existing shareholder at the stipulated price of $4.00 per share for gross proceeds of $40,000.

This shareholder is a business consultant with the company, is very familiar with its business and operations, and consequently the company is claiming that this transaction is exempt from registration under Section 4(2) of the Securities Act of 1933 in as much as it constitutes a transaction not involving a public offering."

Another $40,000 shelled out for preferred series A by an individual "very familiar" with the company...that's in addition to the $150,000 from the week prior....