CYIOS Corporation (CYIO)

CYIOS CORPORATION

CYIO Corporation (OTC: CYIO) trades on the Pink Open Markets. CYIO is a strategic advisory company focused on the future of FinTech, Health Services, Medical Services, Cryptocurrency, Blockchain and AI (Artificial Intelligence). The team has extensive knowledge of the financial services industry, medical and health services, blockchain and trading on financial markets (FX, Option, Futures and Equities). CYIO is focused on recognizing key leaders in these fields and are looking for investment opportunities via mergers or acquisition.

 

CYIOS CORP.

18851 NE 29th Ave. Suite 1011

Aventura, FL 33180

A/S: 100,000,000
O/S: 44,614,232

 






The company was reinstated on the 30th of September 2019:




The past CEO Mr. Carnahan has ongoing issues with the SEC.

CYIOS Corporation must PAY A CIVIL MONEY PENALTY in the amount of $500,000; and Timothy W. Carnahan must PAY A CIVIL MONEY PENALTY in the amount of $100,000. Under Section 8A(e) of the Securities Act of 1933 and Sections 21B(e) and 21C(e) of the Securities Exchange Act of 1934: CYIOS Corporation must DISGORGE $37,500.00, plus prejudgment interest. The prejudgment interest owed will be calculated from December 1, 2012, to the last day of the month preceding the month in which payment of disgorgement is made. Prejudgment interest will be computed at the underpayment rate of interest established under Section 6621(a)(2) of the Internal Revenue Code, 26 U.S.C. § 6621(a)(2), and compounded quarterly.148 

https://www.sec.gov/litigation/apdocuments/ap-3-16386.xml




NOTE 10 - SUBSEQUENT EVENTS On January 2, 2020, the Company issued a one-year Convertible Promissory Note to OFBP Pty, Ltd in the amount of $71,839 for payments made by the investor on behalf of the Company to various third-party vendors, at the direction of the Company, from between July 1, 2019 through December 31, 2019. General terms of the Note are 6% annual interest and conversion terms of 25% discount. On January 10, 2020 the Company signed an agreement with Cicero Transact, an exclusive online network of members from around the world who are dedicated to forging strategic business alliances. The material terms of the agreement are that the Company will receive a total of 2,500,000 records over next 6 months in exchange for 3,571,428 shares of common stock at $0.07 per share. On March 16, 2020, the Company settled certain claims alleged by its former CEO Timothy Carnahan. As part of settlement, Mr. Carnahan provided written notification to the State of Nevada, the company’s Transfer Agent and all relevant governing agencies including the US Securities and Exchange Commission that recent statements and actions undertaken by Mr. Carnahan have been withdrawn. Additionally, Mr. Carnahan agreed to cancel 15,226,294 shares of restricted common stock which had been issued to him when he was CEO.

Mr. Carnahan having no more involvement in the Company other than being a minority, noncontrolling common stockholder.” 



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