Tatonkano62, Could cost LOTS more than is shown. A company like Cygx that has no "cash from operations" has little chance for conventional financing from banks or most mortage brokers. They usually need an "angel" to back the deal and that new backer often requires something "to sweeten the deal", like stock or pledged assets of the company which can include patent rights, both present and future, warrants, etc. Most of the public companies that I have dealt with on real estate and finance prefer to keep property ownership off of their balance sheets to the extent that they set up side companies to own the propertiies and then lease them on a short term, renewable basis to keep the debt off of the balance sheet. For CYGX to own real estate at this point is perplexing unless their requirements are so special that leasing space is not an option. Another thought is that the company expects so much money coming soon from orders of synDNA that the real estate investment makes sense. I haven't a clue. Take care.
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