Mooster,
CYGN's website says yea or nay expected in the first half, so it could be up to ten more weeks. Meanwhile, these Cripple Ceek guys are pretty smart. CYGN is selling them $7 million in common stock with some warrants attached. The 424s indicate that as of April 3rd, the sale had not yet been priced. Hopefully they managed it by 4/7, because after that, the price went south with the market. But it wouldn't surprise me if Cripple Creek gets this near Friday's close, darn it.
10kwizard.com
Meanwhile, I am wondering if the company can sell in Europe pretty soon. I haven't seen much reference to the European situation since the receipt of the CE certificate in December. Might give IR a ring with regards to that and pricing of Cripple Creek buy.
Cheers, Tuck |