SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wolff who wrote (31310)4/20/1999 10:39:00 AM
From: StockDung  Read Replies (2) of 122087
 
The auditors of CYOE should be looking at all of their sales. Not one major sale where cyoe did not take a equity stake in the company that ended up leasing their equipment through a third party. What CYOE is doing is buying their sales and the equity stake if the down payment on the lease. Then they all do a service contract for millions of dollars. These companies are all start ups. Rumor has it Eugene Curcio is running his business out of that P.O. box. 92% of CYOE sales in the third quarter were to Comdisco. They fired Ed Beeman to cover this up. 'Honest Ed Beeman" would not lie for them and wanted CYOE to make a note in the 10K about the Comdisco 92% sales. They fired him on 11/13/98 and issued their false and missleading 10K on 11/16/98 without mentioning the 92% sales to Comdisco. The auditors should be putting out that on going concern question and stop this fraudulant earnings and sales pyramid scheme.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News