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coldasice

01/09/09 7:32 AM

#1655 RE: discipline #1654

$12,000 is an awful lot of money on a monthly basis for a company running a tight ship and no current sales to speak of, as witnessed by the 1st and 2nd quarter financials. IMO, I think it suggests that CYRX is on the verge of some significant revenue stream, otherwise I don't believe they could afford to pay such a salary.

The other positive sign, the .84 warrants. 68% out of the money. I would think most would look for warrants already in the money.