CDO was responsible for 92% of CYOE's earnings in the third quarter. CDO has a major position of 6.6% in CYOE. Slevin resigned on 1/11/99. The CYOE 13g was filed on 1/12/99. CDO can try and cover up CYOE's fraud all they want. We know why Ed Beeman CYOE's CFO resigned on 11/13/98 was because he would not sign the CYOE 10K because he wanted to make a note in 10K that 92% os CYOE's sales were from CDO leases. Cyoe filed their 10K on 11/16/99 and did not make a not as to 92% of CYOE's earnings coming from CDO. This is fraud. They kept this information from the auditors. Then there is Allan Andreini. Besides controling the CDO shares he also controlled the shares in the resent 13g and 13d filings on 4/5/99. He was 20 months late in the filing. If Andreini would have filed it back when he controlled the CYOE shares they would have had to include CDO's shares in the filing. You know it, I know it, everyone on this thread knows it. We demand justice. CYOE would have no sales if it were not for the equity stakes they take in companies that do equipment leases. CDO did three in the third quarter. We know about Curcio, we just learned about CDO doing Apollo Telecom and we know about the third one. Time for CDO to come clean. Three sales, 92% of CYOE earnings. Its all going to come out soon. The SEC has 560 pages of evidence. Time for CDO and CYOE to come clean. How are you related to Slevin?
13g filed 1/12/99 CYOE filing
" However, in making its determination as to its beneficial ownership of
Coyote Common Stock, Comdisco inadvertently failed to include 193,000 shares of
Coyote Common Stock which it obtained the right to acquire pursuant to certain
warrants (the "Warrants") which were acquired by Comdisco in connection with
certain equipment financing transactions among Comdisco and Coyote, and Coyote's
customers. As a result of the Warrants, Comdisco became the beneficial owner of
an aggregate of 193,000 shares of Coyote Common Stock ("Warrant Shares") on the
following dates: 40,750 shares on March 26, 1998, 78,750 shares on June 26, 1998
and 73,500 shares on September 30, 1998. The Warrants have not been exercised to
date by Comdisco.
After taking into account its beneficial ownership of the Warrant
Shares, Comdisco acquired beneficial ownership of 5% of Coyote Common Stock on
June 26, 1998 when it obtained the right to acquire 78,750 Warrant Shares,
giving it 5.68% of issued and outstanding Coyote Common Stock as of that date
(treating the Warrant Shares as issued and outstanding as required by Rule 13d-3
of the Securities Exchange Act). Since that date, Comdisco has acquired
additional shares of Coyote Common Stock (including the right to acquire an
additional 73,500 Warrant Shares) resulting in its current beneficial ownership
of 6.6% of the issued and outstanding Coyote Common Stock."
Comdisco acquired 519,900 shares of Coyote Common Stock through open
market purchases effected on The NASDAQ Stock Market from time to time beginning
in March, 1998 ("Purchased Coyote Shares"). After giving effect to the sale of
14,500 of the Purchased Coyote Shares on December 7, 1998, as of the date of
this Schedule 13G. Comdisco beneficially owns 515,400 Purchased Coyote Shares.
Based on the number of shares of issued and outstanding Coyote Common Stock from
time to time reported during this period by Coyote in its filings with the
Commission, at no time did the Purchased Coyote Shares exceed 5% of the issued
and outstanding Coyote Common Stock.
However, in making its determination as to its beneficial ownership of
Coyote Common Stock, Comdisco inadvertently failed to include 193,000 shares of
Coyote Common Stock which it obtained the right to acquire pursuant to certain
warrants (the "Warrants") which were acquired by Comdisco in connection with
certain equipment financing transactions among Comdisco and Coyote, and Coyote's
customers. As a result of the Warrants, Comdisco became the beneficial owner of
an aggregate of 193,000 shares of Coyote Common Stock ("Warrant Shares") on the
following dates: 40,750 shares on March 26, 1998, 78,750 shares on June 26, 1998
and 73,500 shares on September 30, 1998. The Warrants have not been exercised to
date by Comdisco.
After taking into account its beneficial ownership of the Warrant
Shares, Comdisco acquired beneficial ownership of 5% of Coyote Common Stock on
June 26, 1998 when it obtained the right to acquire 78,750 Warrant Shares,
giving it 5.68% of issued and outstanding Coyote Common Stock as of that date
(treating the Warrant Shares as issued and outstanding as required by Rule 13d-3
of the Securities Exchange Act). Since that date, Comdisco has acquired
additional shares of Coyote Common Stock (including the right to acquire an
additional 73,500 Warrant Shares) resulting in its current beneficial ownership
of 6.6% of the issued and outstanding Coyote Common Stock. |
