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Cyanotech Corp. Message Board

  • herenowhereandnow herenowhereandnow Mar 22, 2010 8:53 PM Flag

    This is EXACTLY the time to buy, why?>

    because any fund , which is 99% of mutual funds cannot buy CYAN until the non compliance issue is cleaned up.

    There was a recent episode of 60 minutes
    where an investor who reads prospectuses(most don't) found the risk to the USA economy in loan instruments.

    Read prospectuses, you will find funds cannot buy a co. like CYAN with a cloud hanging over it, this issue must be cleaned up by April 15 or the stock risks delisting. Since it is a simple task to fix, hiring a new director, the issue will be fixed. This will bring a whole lot of potential investors interest in CYAN.

    Maybe Jacobson p issed off Wilmington Trust.
    Who knows, but if the co. is keeping secrets,
    which I doubt, or if future performance will suffer, the co. has a fiduciary responsibility to shareholders.

    The present CEO not too long ago,as CFO worked for a co. sold for over $200 million.

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