Replies to post #18251 on CurAegis Technologies Inc (fka CRGS)

[Torvecian]

Quite possibly............

The best post ever on this forum....touche' my friend....

[dabreeze21]

You are dancing around the real issue here. They have no working capital to get any of this done. Will their suppliers give them a year to pay? I think not. I still think you are downplaying what it will take to put a FTV together. They will need a large facility and equip it...expensive. I would guess that they think maybe they can set up a licensing agreement for some Iso-Torques with someone and use that revenue get started with the FTV...okay maybe that can happen, but based on past performance I wouldn't think that it is highly probable at this point. Where does that leave them? With an order from the AF with no means to fill it, unless they will agree to maybe 5 or so deliveries a year...and that is probably pushing it.

I had to laugh at the Channel 10 report. I have seen reports like that in the past...an r-news story comes to mind. What Jim and the reporter were saying is completely laughable IMO. I'll believe it when I see it...yes. Someone explain to me how they are going to pay for FTV manufacturing and maybe I will change my tune.


I'll admit I would not buy into this company if I had to decide today. But I see a possibility that they can make some money, so I have a small investment here...I didn't break the bank like so many others here did.

[SULAX]

There have been enough projects, potentials, interest, etc. that didn't pan out to warrant a lot of skepticism, but you take it to another level when you decide which ones were 'lies.' I don't see how you can say that if you don't know all the facts, many of which simply can't be divulged

I agree Artguy, none of them are probably outright lies. I honestly believe that Jim believed everything that he has said over the years. The problem is there are just so many that it has become very hard to believe anything that comes from Jim any longer. Personally I take anything new that comes from management with a grain of salt and hope that for once something pans out. It has been a very long and painful journey for all of us here including the Gleasmans. I believe that to be true even of the most outspoken "cheerleaders". You would have had to had a lobotomy to not have been discouraged at some point over the years, they just may not want to admit it publically.