Replies to post #19402 on Cytogenix (fka CYGX)

[texguy]

Hogger,

Should they be given the right to option shares at a fairly low pps, they would in my opinion hold them to a future fruition date. They both currently have enough shares to ensure comfort (pretty much) if they sell now. This stuff is pure gravy for both of them. The key to this imo, is what is driving the giveaway of the shares? Is it MS and LW or the board? If the board has made the recommendation to the Benefits committee, that might indicate that they feel upcoming events warrant the awarding of the additional shares. That would be great. If the pps goes to $25 ps, that means I personally am in tall cotton. I really could care less that they (MS and LW) are in taller cotton.

Your second scenario, I have doubts about. This guy Jett in HA has I believe more than they do, and certainly combined with the guy in New England, could certainly block or minimize any detrimental move affecting us shareholders.

Just some quick surface thoughts, nothing too deep. But What if one of the two above mentioned shareholders is just a holding company/individual for someone who also has control of a tremendous amount of shares. Just too many ramifications for an uneducated boy from the country to fret about. The sharp end of the spear is my shares. If they go up, its good. Down, its bad.

Regards,

[holycow]

Yes, the second point is the political matter - gaining more solid control over the company. This has often been described as somehow anti-democratic and anti-shareholder - as a power grab. As I brought up in an earlier post days ago, this political aspect could perhaps be the major impetus for this proposal. Perhaps fortunately, my knowledge and experience with such matters is non-existent. It seems to me, however, applying common sense, that any actual threat to control comes not from any genuine grassroots shareholder rebellion but rather from some big outside party that might attempt to manipulate the weaknesses of the public company structure to wrest control of the company from current management and thus gain control over a technology with the potential to generate countless millions of dollars over time. While this scenario admittedly involves a series of hypotheticals, protecting the company from such a possibility seems only prudent.

[specul8]

To allow this company, this management, to make decisions "without opposition" is a scary thing to contemplate. This stock has been over .90 a couple of times, even over $1.00 I think - Why wasn't the trigger pulled on a multi-year funding at those key moments??? Instead we get deep-discounted, sporadic funding, giving any new investor doing DD a very scary balance sheet to ponder. Didn't management say they would complete a funding last year? WELL.....I think management should be giving stock back, not pocket-padding! I am sure the President of this company is a smart guy. BUT I have learned that you never invest in an enginering company with an engineer at the helm. And never invest in a bioteck that has a scientist at the top. You need a top notch business man to run a company.