News Focus
News Focus
icon url

gdepc

11/08/06 10:30 AM

#41795 RE: djharker #41794

djharker

He has already been told to call but the truth could hurt. It is a lot easier just to play the devils advocate.

Notice they always take the opposite side of management every PR everything.

These guys are miles away never sit in on a meeting or call the company for updates.
But they know all and how to run cygx better than current management.

A Backseat CEO we have here that's all.

gdepc


icon url

kobisan

11/08/06 12:02 PM

#41804 RE: djharker #41794

Thanks for the info. from Berens. I've also been in this stock for a while (almost 8 years) and I agree that CYGX wouldn't have made it without PPO dilution (the lesser of two evils in CYGX's position).

Since CYGX is only putting down 12.5% of the full purchase price of the facility when construction starts, with a 75% payment due upon completion (I'm assuming 12 - 18 months), I think their strategy is to pay for the construction with a mix of revenues and PPOs. I'm hoping that revenues will ramp up quickly in '07 to cover most of the building costs.