Replies to post #24674 on CSMG Technologies, Inc (fka CTGI)

[BigBrian27]

I don't totally understand the new arrangement with La Jolla. Its a bit complex and carefully worded.

I just hope it doesn't turn out to be a bad deal for current existing shareholders.

[ypsiCPA]

rocketeer, I didn't find much either. Even if La Jolla is inclined to make its money by shorting, it would have to be well above the current price.

MCET: http://agreements.realdealdocs.com/Loan-Agreement/MultiCell-Technologies-Completes-Private-1394256/ recent price .02

AAMU: The Company entered into a Securities Purchase Agreement with La Jolla Cove Investors, Inc. ("La Jolla") on October 4, 2002 for the sale of (I) $250,000 in convertible debentures and (ii) warrants to buy 30,000,000 shares of our common stock. On March 13, 2003 and May 6, 2003, La Jolla advanced an aggregate of $350,000 to our company which such funding was allocated towards the principal balance of our convertible debentures.
Recent price .04

[lowman]

While I cannot show you anything that LaJolla has done, might I remind you that when CTUM was at .04 with Cornell financing, the 'intelligent' majority thought CTUM would be a subbie before it ever saw a buck?

Natch, none of them were around when CTUM (CTGI) hit 2.39.

I think it may do well to re-read all the past PRs to get a renewed sense of who is running this company and just exactly where it is going. It seems people are having memory losses here (nothing new there!), causing them to second-guess their investments.

IMO, CTGI is not presently suffering from general global economic conditions. CTGI is suffering from shareholders with 10-minute minds and an inability to recognize a 'tight ship' when they see one (combined perhaps with a little manipulation by people even on this very board).