Word on the street is that SiCortex will announce soon, perhaps today, that they are going out of business. No word on what the problem is; I know that they were working on another round of financing, and this is a tough environment to be looking for addititional financing. I’ll try to contact the company and find out for sure.
[UPDATE]: SiCortex has begun contacting people today letting them know that the third round of financing did not materialize in time for SiCortex to continue financing. Without the cash to operate they are trying now to sell the company, with a target sale by the end of June. As of today the company has suspended all sales activity.