Replies to post #16821 on CurAegis Technologies Inc (fka CRGS)

[blue heron]

The filings/auditors do not say they Cannot pay

their bills, rent or employees, or are verging on such. They do not assert of imply actual insolvency. That is where I believed the line had been crossed as I still do. What you describe are maybe's, and concerns, and boilerplate that do not suggest to creditors and investors and employees actual fact but the pros and cons in all such disclosures.

If this had been said about your own business (if you owned one), you would be livid, would you not? Might you sue? You would call your attorney. Well you own a piece of this one.

Also, I anticipated getting your opinion, which I do not value on this particular issue, and had hoped to head if off, and failed.

[allnumbers]

Which by the way dilutes the common shareholders...

Where did you learn your mathematics? Paying a debt with stock does not dilute the common shareholders at all. What is does is increase the value of the company by removing a debt and increases the number of shares as a result. When the shareholders evaluate their before and after position the result is exactly the same.

What you must be attempting to say is that you believe that the rent is worth less than the shares that it takes to pay it. If you really believe that then you should buy more shares.

One other point is that Auditors are specifically not allowed to offer an opinion on solvency; that is why they have to limit their comments to a comment about "going concern".