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Microcap & Penny Stocks : CYIOS Corporation -- Ignore unavailable to you. Want to Upgrade?

To: tens who wrote (110)	4/27/2009 8:01:14 PM
From: Ted M	Read Replies (1) \| Respond to of 278

Thanks for a reasonable response. I'll address a few of the issues further, to give you more to think about. 1. The missed 4th qtr revs. This wasn't an early 2008 projection. You can see here that as recent as Dec 8, 2008 they projected to meet or exceed last year's revs of $2.2 million. cyios.com Since they had 9 months of $1.1 when they said that, it works out to over $1 million for the 4th qtr. Well, they missed it by a mile, as we only recently discovered. 2. The revelation (cc I think) that revs will be over $4 million with earns at least .08 With 25 million shares out, that's NET income of $2 million, which is way over historical margins. Net of .21 would be nearly 100% margins. Not going to happen. IE, the numbers given don't make any sense. 3. The ITOC contract. It isn't really clear where CYIOS stands in the picture. Notice that Federated IT seems to be in a position to know what is going on: federatedit.com A person there told me that the FBI has only come up with ONE task order in the last 6 months, and it was for the hiring of one person. He also said he was not familiar with the name CYIOS. He also said that 10 companies won the award, which was not for specific work. Rather, for the right to bid on task orders as they come up. In addition, we can easily find press releases that sound like the one CYIOS wrote: Here are some results of a google search: sbd.com tangiblesoftware.com fbo.gov When these issues are considered it becomes very clear that the whole FBI contract issue is not clear at all, nor is it clear that CYIOS will be getting any revenues from it. 4. The CYIPRO product sounds good but we don't really know anything about how the market is responding to it either. No contracts announced. All of these things taken together make me wonder what kind of operation they have there. The history is important. And this current DD is important. If CYIOS really has something, they should let us know if they can. If they can't, they can still give us some clarity. Unfortunately for me, I see little reason to trust even the .08 number. They may just repeat history. They have a MORAL obligation to clarify the situation. I was invited to call when I spelled all of this out to the CEO, but I declined-- explaining that I had spelled out the issues of concern sufficiently and saw no reason to discuss it on the phone. Unfortunately the CEO saw no need to even acknowledge any of the issues with me via email, as I never heard back. This was consistent with a lack of connection that I perceived in a prior phone call. That does not set well with me from an investor standpoint. I'm hanging by a thread because I think they may have something even if they don't really care to establish any sort of credibility with their shareholders. However, the possibility definitely exists that Mr. Carnahan is living off of hype, and only cares about shareholders and IR firms that can help support that hype. His actions and attitude can easily be construed as being the most consistent with that scenario. tedm