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frog585

06/20/07 11:02 AM

#51109 RE: Kancamangus #51103

Kancamangus'...Very powerful post...clear & quite logical...
.....frog
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The Wawh

06/20/07 11:06 AM

#51110 RE: Kancamangus #51103

Dear Kancamangus

1) I can appreciate that you share the general disgust with the situation, especially the SP. But I did not choose to blame iHub posters with dragging down the company; rather I did put on the agenda on how we do communicate with each other.

2) Although I have to agree with you assessing that the company's performance under existing management leaves reason to seriously consider one’s investment, we always have to remember that we are dealing with an OTC stock here.

3) Non philosophers can skip this point ….

When you state:

“If what you're asserting is the truth, it means that iHub posters who regularly pan the company's performance have more credibility in the open market than the CYGX management whose responsibilities include both the company's performance and stock price.”

you are attempting to make a logical statement; unfortunately it is not valid, as the premise on which it builds, viz. that I choose to blame iHub posters with dragging down the company, is actually not what I have asserted. Nor do I hold this statement to be completely true, as not all posters would be involved in the dragging down, if any. (maybe scoob?)

4) Why I am staying invested in CYGX

We first have to distinguish between general rumors and opinions of people one knows. The more credible a person is, the more value I attribute to her opinion. I think I have good info, so I stay. I am invested in CYGX because it is my expectation that CYGX will give me the desired financial return.

5) Are there any legitimate and concrete means of determining what kind of investment ... it [CYGX] is at all?

This is a hard question you ask. I suppose you agree that whatever determines it, it should be concrete. How else could we know it?

But it does indeed not help that we do not know names of customers. And according to one of my previous posts, there are more than just one. UPDATE [there are at least six: http://www.investorshub.com/boards/read_msg.asp?message_id=19824530 ] But this info comes from our CEO, and if you do not trust him, it is surely very unclear what to believe at all.