Replies to post #3427 on CurAegis Technologies Inc (fka CRGS)

[nycinvst]

Letrim,
The Gleasmans are declaring the contract null and void and CXO disutes it. The best thing to do is read the contract, it was in a SEC fililg in late 03 or early 04. it will be resolved in court as neiher side will budge. If you find the contract please post. The best news according to the 10Q is the most CXO is to receive is 8% of a deal, if it goes through.

[Torvecian]

Hi Leit...

I'm trying to piece some things together, like many are. On the technnology side, the filing indicates the "discussions with Peng Pu and with its parent company, Shanghai Automotive, are continuing." Iso-torque proto's nearing completion, cv joint included in discussions....

The side-show that has emerged on the people side is what has my dots flying....not so much connecting...you have people claiming not to be at meetings that it appears they were actually present for, contracts that appear in the filings differently than what appears to be agreed upon according to minutes from the meetings, all the stuff from the recent 8k's, people still on the BOD that were removed from management responsibilities based on findings from an indepedant counsel investigation....etc...etc..If there is no deal going to happen on the Torvec technology side, why the enormous effort on the part of CXO to try to remain part of the deal..? Reputation..? Then there's Carlisle's two completely different resignations...? These and 25 other items have me still trying to piece the puzzle together...My opinion is that there is more to the story than we see....each piece of info creates more questions...we will all have to wait for the picture to become more clear...

A good day to all...

(note to self.....look into all possible uses for corn)