Replies to post #9739 on CryoPort Inc (CYRX)

[stockwatchman101]

I would say the reverse split is a worse case option. As was pointed out, the funds could definitely come from another source. CYRX needs the money and now we know they definitely have it in any case. We also cannot compare the reverse split under Larry and this one being proposed. There are just too many changes to CYRX's business and most importantly, the industry they serve as a whole.

If they maintain a strong business, we will all be fine regardless of the proposed split. They really need to get on the Nasdaq too.


Between the favorable industry developments, CYRX's business outlook, the news announcement cadence, I have never seen anything like this.


CYRX will have plenty of challenges for sure, but this is a different company today than any of us have ever seen in the past.

[coldasice]

CN, the public offerings have been a great help to continue operations.. Now the bigs guns are signing up!! UPS, DHL, Kite, Zoetis and Novartis.. Money trickling in via small public offerings, doesn't cut it any longer..
This just my opinion, the firm offer of 15 million, has to come with some give.. Perhaps the underwriters required the uplist.. I don't believe anything is muddied or that confusing..
Two things I've learned from people a lot smarter than me,.. You must uplist, and two, and this really surprised me..This whole process might only take 60/75 days to complete..

There is one thing that is certain, 15 million dollars is waiting for CryoPort.. And if CryoPort decides this current offering is the best option for its shareholders, this management team has my blessing...