wanaG: How else can they fund those high salaries and stock option give-a-ways? It ain't coming from the $37,000 in DNA sales they posted last quarter. Plus, they have a minimum reagent purchase agreement with GE. They have to buy the reagents even if they have no plant to produce the DNA. I guess they're content to string us along with the single Alfa Laval machine. Somehow, by some miracle, some big contracts are going to come our way, even though we don't have a cGMP certified facility. As Tatonkano just pointed out in the previous post, CYGX announced thay might build a DNA plant in the Houston area. That announcement in the Houston businness journal was made in May of 2005. We're almost into October 2006 and still no land, no plant, no FDA certification, no opportunity to compete for significant business, no real progress of any kind. Book chapters, patent law speeches, envirnomental mumbo jumbo, pre-clinical window dressing PR's...all hat...no cattle. They ought to feature CYGX at Harvard Business School as a lesson on how to waste opportunities in the biotech field. Malcolm, thank you for your efforts, but for the good of the company and its shareholders, please step down and become Chairman Emeritus or some other ceremonial post and let a real CEO take this company and run with it. You'd be better off financially in the long run if your successor can get the company moving forward at a much faster pace. You have millions of shares. A competent CEO would make you tens of million of dollars. Think about it. You are not up to the task. Hand the reins over to someone who is.
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