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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail -- Ignore unavailable to you. Want to Upgrade?

To: Bullseye who wrote (1670)	2/6/1999 2:06:00 PM
From: James W. Bradsh	Read Replies (1) \| Respond to of 1800

Try freeedgar.com I have not utilized any of their premium services, but they are supposed to notify you FREE on EDGAR filings (probably just the fact its been filed, might have to pay for full document). I have "subscribed" for the free-bees. (Figure I can always go to the company or SEC EDGAR site for the details). Sorry if that makes me look cheap... but, as Ben Franklin once said, "A penny....etc." (A penny in his time is worth $$$ now). Chris - Nice of you for the "heads up" on the filing, but once the cat's out of the bag, you'll be prey for the hounds. It would seem each person must read 8K very carefully and then THINK (difficult for some) of the pros and cons. They're scrambling and taking action, but the final outcome is clearly moot. Success (heads) and we are rewarded for tenacity, Failure (tails) and we have a write off. Care to call the coin toss?? Perhaps we have to look at it from the standpoint of what it is worth to a possible merger partner (several dollars it would seem) as the assets and accounts are of good value, but then discount debt, and other factors. Too much for me to fathom out... my accounting and business courses (1947-48) are outmoded and the old memory is not what it used to be.

To: Bullseye who wrote (1670)	2/6/1999 2:18:00 PM
From: Sterling	Respond to of 1800

Bullseye, I used to subscribe to the service but found some different file records even between Free Edgar and Edgar Online($). So I cancelled after a few months. Also, if the service doesn't suit your needs, don't expect to get a pro-rated refund of unused time. It won't happen. I've sometimes watched literally for weeks before a particular filing ends up on the internet display screen It might be that direct contact with SEC or Edgar is needed to get a copy. I always go straight to a company though. They have all the documents right there. I use Edgar only for historical references. Whatever may or may not be happening at CYI HQ right now, I doubt we'll see a resolution anytime soon. I think Mr. Hawk needs time to put the right package together in the best interests of all concerned. If he gives in to the pressure of the moment, I doubt it would be a missed opportunity. Rather it would be caving in to the vice. As far as de-listing goes. Yes, it's a pretty bad turn of events. I don't like to see it come to this. But if the management at CYI keeps its eye on the business needs then eventually company (and shareholder) value will increase again. From that point of view, I don't much care what exchange the stock trades on. What is important to me is protecting what value may be left in the company. Since we're so close to zero value now, what is there to lose by taking the time needed to restructure correctly. The only worry I have is that the common stock gets cancelled outright (e.g. when Zenith Electronics bit the dust some time ago). Wyoming Business Corporation Act ("WBCA") notwithstanding, key officers, board members, etc... might end up becoming targets of litigation jointly and severally under numerous items of complaint. So I will watch with interest to see if the S-3 registration actually becomes effective and the conversions are actually made. This would put insiders and outsiders essentially in the same boat and would be a sign from management that they are putting themselves on the line along with shareholders. A best effort approach might be all we have to hope for.