Replies to post #9004 on Cytogenix (fka CYGX)

[riched2004]

april 26, 2004----jesup and lamont retained by commonwealth biotechnologies. They were seeking equity capitol to upgrade and equip their accredited biosafety level 3 laboratory suite.

http://biz.yahoo.com/bw/040426/265376_1.html

May 28, 2004-----Commonwealth Biotechnologies, Inc. Closes $2.5M Private Placement. Jesup & Lamont Securities, Corp. acted as exclusive placement agent for the transaction.

http://biz.yahoo.com/bw/040528/285073_1.html


This is just a hypothesis....but is this what is down the road for cygx in a few months? CYGX wants to build a new facility and that takes serious funding. Does Jesup and Lamont have deep pockets interested in biotech research and that is why cygx has retained them....or am I drawing to many paralells???

Comments appreciated
It would certainly help them avoid some dilution.....