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BigB

11/19/04 9:01 AM

#12595 RE: Paulness #12590

Paulness......think outside of the box....the glass is not half empty of half full....I prefer to look at it as though the glass is too big, or that there is not enough water....
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arnold

11/19/04 9:22 AM

#12596 RE: Paulness #12590

It is nice to think positive but Malcolm said the burn rate is 3.2 mill PER YEAR. If they get a grant of 100K, consistent with other grants they have received, it will not fill half the glass.

Arnold


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peace_2_all

11/19/04 10:28 AM

#12598 RE: Paulness #12590

Paulness, there was an article about a venture capital fund set up in the Houston area and this article even mentioned CYGX in it. Does anybody know if this management has made or is making an effort to get nay of this funding in light of the exciting science and future that this co has. That is why I said in one of my posts earlier if this management does look into such venues of funding as opposed to their usual method. This fund in Houston is to help co's like CYGX and CYGX is even noted in there and yet we do no know if this co has made or is making an attempt. It doesn't matter if they fail to succeed, but keep making an attempt here and there. Pretty soon, they will hit it off with an enlightened angel sponsor. I can't say one way or the other, but considering the lethargic mode of operanda in the business end of CYGX, I doubt it. I am really curious if they are even making an attempt in their own backyard.