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cacher

08/03/05 11:08 PM

#21773 RE: nc4s #21769

You are absolutely right, the financing, for the forseeable future, will be in the form of dilution of the stock and the reason it will continue is because CYGX has no revenue. If they had revenue they could service debt bla bla bla bla....I'm just glad that management is able to periodically reward themselves, with additional stock, for the work the professionals in the lab are accomplishing.

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hogger

08/03/05 11:27 PM

#21776 RE: nc4s #21769

Come on nc4s ... that is exactly what happened. It happened at the table located just to the left of the door to the meeting room. Malcolm was standing to the right of the table between it and the door with LW just inside the door. MS addressed me as I walked away and I returned the recoignition. The young lady explained that only shareholders of record could be admitted and apologized. Obviously you were inside the room and not at the door. I walked back out to the front parking lot while trying to contact my attorneys. You may have been there and not seen it just like you may have heard a lot of verbiage and not understood what was REALLY being said.

One person from raging bull board emailed me with his fantasy of owning 100's of 1000's of shares in his wife's name, and several children's name and being blocked from entering because h's or t's of shares he owned personally were bought to late and they demanded the proxies and BS and BS and BS. I was right there from the time they opened the conference room until the meeting started. NOTHING LIKE THAT HAPPENNED. Why do people create these little fantasies? Can somebody help me?

I held this stock when it was $3.00 a share back in 1999 - 2000. (I'll have to check the dates and amounts, so these are approx.) Back then I held over 60,000 shares that were worth well over $180,000.00. (It seems like there were 10 -12 MM shares outstanding when we got the first 60K.)As of the shareholders meeting, I held and controlled 200,000 shares worth a total of $50,000.00. After watching my total share value drop by well over 80%, I don't think any of the Johnny-come-lately gang are going to lecture me. Many of those shares that we held went back almost to the beginning of CYGS ... and then were converted over when it became CYGX.

As for LW's little dog and pony show, I've seen almost all of them over the years. If we have never considered other financing, then why in h&ll have we wasted all that money trying to get it.





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JSGatt

08/03/05 11:34 PM

#21777 RE: nc4s #21769

nc4s, kudos. Hit 'em between the eyeballs, man.
It's the only way to shut them up, at least for a few hours.
But they're relentless, just like the Philistines.

It really is amusing. They seem to be running out of ways to attack. Just let them wear themselves out.