Replies to post #195 on CardioGenics Holdings Inc. (CGNH)

[SJSTOCKSHARK]

Very good news! The company with little dilution now has enough funds to complete the FDA approval process for their POC Analyzer.

Also the PIPE shares are tied up for 6 months per rule 144 so there is no immediate ability to sell the restricted stock for a profit. Hopefully, in 6 months this company will have money coming in from bead sales and a license agreement for the POC analyzer, so we'll be in the home stretch.

[pontiyak]

what I like and take comfort in, is that the share were sold to 13 different individuals. That rules out any sneaky tricks by a VC or HedgeHog©.

very nice.... and such a small amount appears to be going a long way. Thats good too.

Yak :)