Replies to post #202 on CardioGenesis Corp (fka CGCP)

[biggkahuna19472]

Please tell me why you believe there is a great future. I question:

1. Their Offshore Financing Deal which makes many companies with similar arrangements circle the bowl.
2. One quarter up and one quarter down track record. Smacks of loading customers up and poor management.
3. Do they have the cash to pay for the clinical trial that they have been working on? Should cost $3-5 million dollars.
4. The last 3 years have brought declining sales of capital, flat usage levels and more net losses.

I want to believe in them but.......


B K