I've been tapping into the heads of investors who don't post on this board, and probably own more shares than most of us. Well, at least a lot more than I do.
I'm trying to get a sense of why. Most agree that the reverse is somehow connected to a financing deal IF NEEDED. It might have something to do with the terms or the quality of the financing, if CYRX was trading on a better exchange. I can't question the size of the split, but everyone seems to agree IF NEEDED, 3:1 at most. Obviously this reverse split will have something to support it. Just posting what other investors are thinking.
You have to vote how you feel, that's understandable. Just make sure you're not voting no or abstaining, because you're frustrated and it's a vote to protest the lack of progress up till now. What ever you decide, in the end, the only real losers could be us.
Under the pressure of this reverse and frustration which is apparent on this board, the stock has remained relatively stable, which I find to be positive.
I received my electronic proxy last night, but will hold off my vote. I made a commitment to Trey to Abstain or vote no if nothing happens prior to the meeting. I won't go back on my word.
I still believe CYRX has something special. I just have to read the quality of the posters on this board and the passion with which you write. If you didn't believe in CYRX or Larry Stambaugh, you wouldn't still be posting.
Good luck to all.