Replies to post #39207 on CYduct Diagnostics Inc (CYDX)

[Pennylanepam]

Everything produced in Europe doesnt need CE MARK.
Thus Steri Tab can be sold there already

CE Mark should be very close to be done esp now where the capital is.

Does anyone know if they filed for extension for the Q1 fins or are they expected to be filed today?

Overall nothing has changed, I am looking forward to prosper times with this company.

Obviously the company cant grow with flippers on board

[mgrego]

Your right. There has been evidence of a potential partnership, a focus on the Steritap disposable product line, CE Mark is probably only 5 months away. Available capital is really the missing piece.

I have been open about not particularly liking the size of the A/S increase but the company cannot successfully follow through on these plans w/o working capital.

GLTA

[slazenger7]

Way too many jumped to conclusions and fell prey to false panic about this increase in the A/S. This A/S increase should not have been a surprise to anyone and is not a negative. The company is now in a much better position than it was before the increase in the A/S when there were 495 out of 500 mil shares in the O/S.

The company would actually have been negligent NOT to increase the A/S and did so like any company would in the same position. Once the O/S is maxed out or close to it, a company MUST protect itself and its shareholders by increasing the A/S so no one outside investor or company can buy up a majority of the issued shares and take control of the company. The company also needed to increase the A/S so it can be in a position to negotiate with potential merger/acquisition candidates.

It also would have been stupid to just increase the A/S by only 100 or 200 million. Now they not only have protection from any takeover, the company and its shareholders are also in an absolutely BETTER position now than before the A/S increase, as the company has the shares available if needed to acquire or merge with another company.