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


To: tens who wrote (173)8/16/2009 7:26:57 PM
From: Ted M  Read Replies (3) | Respond to of 278
 
tens, CYIO hasn't earned .01 in the recent qtr, or even the last 6 months. With 28 million out, .01 would be $280K. They have reported only $13k so far this year. They aren't on track to earn $280K for the whole year, so it is hard to even imagine them doing it in one quarter, and even harder to imagine over $1.1 million in net for the entire year.

It is very unclear whether Tim will be able to do what it takes to get the growth going, and .04 right now seems quite a ways away.

The price of .06 reflects IMO a lot of justified doubts. I like to be optimistic too--and I think you have to be at least some of the time in order to make money down here, but their failure to deliver and communicate effectively have soured my opinion substantially.

ted