CurAegis Technologies Inc (fka CRGS)

[Torvecian]

The 10Q is out this morning.....


Interesting to note that expenses are WAY down(emphasis on WAY..!!)with CXO gone....snap shot now shows major reduction in burn rate, low debt, large R&D expenses gone as tech is in refinement and completion stages...Loss per share way down to .03 for the quarter....

Discussions with Peng Pu continue....consulting agreement for Chinese translator will continue through at least the end of 2005...

One deal will make the profit line on the P&L almost vertical.. Not only is it impossible for Torvec to be put out of business by anyone due the minimal debt and low burn, at $1.90, with large short position, a deal will have a significant impact on share price...some could argue that it was not a good investment for the last several years...all depends on entry points I guess...it's been in the 8's, 9's and 10's 3 times, providing exit point options with very good profit over the years...but now, given this price point and the finalization of the tech for sale and/or commercialization, I think this may be the best entry point in TOVC's history....almost no downside and big bang upside...in my opinion , TOVC shareholders will enjoy the next several months.....

have a nice day...