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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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From: Yo Yo10/29/2004 10:02:04 AM
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CYKN, has anybody mentioned it here????

Did anybody see CYKN profiled on CNBC Squawkbox this morning??? Stock is trading in $4-5 range.

Talk about a breakthrough technology! This is space age stuff.

These guys have a chip that they implant on your head that can read your frigging thoughts and interact with a computer! Cool as heck.

Of course, CYKN gapped open on the story this morning (and I was one of the suckers who dabbled in it), but longer term, this is just plain cool.

I'm having trouble finding good SEC data because they recently changed their name. An old 10q from the company web site lists between 2 and 3 million shares outstanding, for a market cap of about $10 million.

The obvious caveot here is that its expected to cost them about $150MM to get FDA approval for this chip and who knows how long it will take and like most small companies, they have little cash to do it.

Not sure if its a buy here, but still one cool assed technology.

Yoyo
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