CRYOPAK CII.V Message Board

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Microcap & Penny Stocks : CRYOPAK CII.V

CII 23.29

+0.3%

Dec 9 4:00 PM EST

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To: Brian MacDonald who wrote (125)	2/3/1999 5:10:00 PM
From: Brian MacDonald	Read Replies (2) of 298

All, Here's another reason for some strength - from Stockwatch: "02/03/99 News Release Cryopak arranges $1,125,000 financing" Sorry, don't have the details but this is good news for this little company. They were always in a Catch 22 situation before re: sales, production and delivers. This $ should help get production capacity, sales and cashflow in much better shape. Today's trading showed that yesterday's was not just a flash in the pan. We hit another new high and closed at the same level as yesterday. Volume could have been better, but I think we got to this level faster than I thought we would. With this financing in hand, I look for higher valuations on CII. Brian

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