Replies to post #19569 on CurAegis Technologies Inc (fka CRGS)

[fadeaway]

ot,lol... Why are you disgusted? Those are all actual quotes from the chief strategist of tovc. Is it wrong to quote statements made by our tovc mgmt? Maybe a little more due diligence should have been done before investing in the company.

[allnumbers]

Sorry. Here is something to make you happy...

If you can do the math on this; think about today's closing price, and this mathematical formula that is part of a $60,000 loan which is masking the real deal to have essentially no risk and an embedded chance to make enormous profits on the exercise of an option (which is the real deal).

1.2 Conversion Price .

(a) Calculation of Conversion Price . The conversion price (the “Conversion Price”) shall equal the Variable Conversion Price (as defined herein)(subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower relating to the Borrower’s securities or the securities of any subsidiary of the Borrower, combinations, recapitalization, reclassifications, extraordinary distributions and similar events). The “Variable Conversion Price” shall mean % multiplied by the Market Price (as defined herein)(representing a discount rate of 42%). “Market Price” means the average of the lowest three (3) Trading Prices (as defined below) for the Common Stock during the ten (10) Trading Day period ending one Trading Day prior to the date the Conversion Notice is sent by the Holder to the Borrower via facsimile (the “Conversion Date”). “Trading Price” means, for any security as of any date, the closing bid price on the Over-the-Counter Bulletin Board, or applicable trading market (the “OTCBB”) as reported by a reliable reporting service (“Reporting Service”) mutually acceptable to Borrower and Holder and hereafter designated by Holders of a majority in interest of the Notes and the Borrower or, if the OTCBB is not the principal trading market for such security, the closing bid price of such security on the principal securities exchange or trading market where such security is listed or traded or, if no closing bid price of such security is available in any of the foregoing manners, the average of the closing bid prices of any market makers for such security that are listed in the “pink sheets” by the National Quotation Bureau, Inc. If the Trading Price cannot be calculated for such security on such date in the manner provided above, the Trading Price shall be the fair market value as mutually determined by the Borrower and the holders of a majority in interest of the Notes being converted for which the calculation of the Trading Price is required in order to determine the Conversion Price of such Notes. “Trading Day” shall mean any day on which the Common Stock is traded for any period on the OTCBB, or on the principal securities exchange or other securities market on which the Common Stock is then being traded.

Keep in mind that this trickery today only has to happen two more times. All allowed because of this agreement and his $37.00 trade late in the day.

Let's see, .37 @ 42% = .1554

$60,000.00 / $0.1554 = 386,100 shares.

Isn't that more common shares than most shareholders have?

Are you feeling happy now?

[SULAX]

I'm pretty disgusted with this investment too. We all should be.