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Microcap & Penny Stocks : CYIOS Corporation
CYIO 0.00380-5.0%2:58 PM EST

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To: rogerover who wrote (61)4/11/2009 10:20:39 AM
From: tens  Read Replies (2) of 278
 
Rogerover,,,,,,
Your pinky's put you in the No Credibility zone. You complain about numbers, releases, etc. So here you're pumping EIPC and CTEI.
EIPC> NO money/cash,, No revenue,, No earnings,, Only expenses,, 1 employee,, Only PR claim to fame?? one 60K contract on Mar 3rd!!
CTEI> Where are all the great PR's giving us the contract and profit numbers ...Oh there ain't any! One contract PR in the last 2 years with any numbers in it ,,500K(nearly 1 year ago).
IT does have a going concern problem in it's 10K though;
Note 2 - Going Concern and Management's Plans

The Company's primary source of operating funds since inception has been provided through note and equity financing. The company intends to raise additional capital through private debt and equity investors. At December 31,, 2008, the Company had a stockholders' deficit of $1,265.245 and a working capital deficit of $373,483.

Management has taken steps to improve the Company's liquidity by raising funds and seeking revenue sources through the development of products through which the Company may generate revenue. There can be no assurance that the Company will be successful in these endeavors and therefore may have to consider other alternatives.

The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. However, the above matters raise substantial doubt about the Company's ability to continue as a going concern. These financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to continue as a going concern.
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