Wednesday, November 12, 2008

CEGE UPDATE

CEGE is presenting Rodman & Renshaw Investment Conference Presentation going on right now. To sum up:

CEGE OUTLOOK IS GREAT!!!!! STRATEGIC ALTERNATIVES UNDER CONSIDERATION 1) SALE OF COMPANY 2) MERGER WITH PUBLIC COMPANY 3) REVERSE MERGER WITH PRIVATE COMPANY 4) AQUISITION OF NEW PRODUCT/TECHNOLOGY ASSETS 5) SALE OF ASSETS

Not sure what this means for the price of the stock. It is still trading under .30, I will keep everyone updated.

1 comment:

Brandon Davis said...

Hmmm, looks like they still have NO idea what their next move is going to be - or just aren't willing to share the bad news with investors.