Saturday, April 19, 2014 9:33:15 AM
http://www.accesswire.com/406696/Cyber-Kiosk-Solutions-Inc-Issues-Mid-Year-Progress-Report
"that was launched in approximately 4,000 merchant locations" Past tense, they said in August. Already launched. And CYBK went on to predict revenues in the Q3, of which there were NONE.
In October, CYBK released this PR:
CYBK Updates Launch Of Its Web Based System For 4,000 Locations
http://www.prnewswire.com/news-releases/cybk-updates-launch-of-its-web-based-system-for-4000-locations-229685401.html
So, in October, CYBK confirmed the initial roll-out and claimed to add more - though the numbers stated don't exactly corroborate that. Training was supposed to continue over the "next several months," making one wonder just how difficult it is to use this...well, whatever it is.
CYBK's Annual Report, just released, shows NO revenues and further states that
http://www.otcmarkets.com/financialReportViewer?symbol=CYBK&id=118718
WHOA, NELLY!!! "The 4000 locations have started integration, training and launch." I thought they WERE launched and that the training was proceeding apace!! (Well, sort of.)
However, in the Form D filed in late January, CYBK still did not declare any revenues:
http://www.sec.gov/Archives/edgar/data/1598119/000159811914000001/xslFormDX01/primary_doc.xml
So, where exactly are CYBK's much-PR'd 4000 locations?
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