Cyper Media (fka CYPM)

[scion]

Administrative Proceedings: 34-61475 Feb. 3, 2010 - Cyper Media, Inc.,

http://www.sec.gov/litigation/admin/2010/34-61475.pdf

ORDER MAKING FINDINGS AND REVOKING REGISTRATIONS BY DEFAULT

Cyper Media, Inc. (CYPM) (CIK No. 1163967), is a New York corporation located in Toronto, Ontario, Canada, with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). CYPM is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-QSB for the period ended March 31, 2004, which reported a net loss of $199,111 for the prior three months. As of December 15, 2009, the common stock of CYPM was quoted on the Pink Sheets, had six market makers, and was eligible for the piggyback exception of Exchange Act Rule 15c2-11(f)(3).

[markflfl]

.0001 = hits down = GREY SHEET!!!...

[Kobe Ginobili]

CYPM went from trip 8 (last checked) to trip 6 now and in addition:

Grey Market
*
Security Notes
o 12(k) Suspended by the SEC eff 9:30 a.m. EST, December 17, 2009 and terminating at 11:59 p.m. EST on December 31,2009.

Caveat Emptor status

[scion]

Trading Suspensions: 34-61187 Dec. 17, 2009 American Sports Development Group, Inc., Cybernet Internet Services International, Inc., Cyper Media, Inc., Frisby Technologies, Inc., Graphco Holdings Corp., Investors Insurance Group, Inc., ITC Learning Corp., Speizman Industries, Inc.

SECURITIES EXCHANGE ACT OF 1934 Release No. 61187 / December 17, 2009

The U.S. Securities and Exchange Commission announced the temporary suspension of trading in the securities of the following issuers, commencing at 9:30 a.m. EST on December 17, 2009 and terminating at 11:59 p.m. EST on December 31, 2009:

• American Sports Development Group, Inc. (ASDP)
• Cybernet Internet Services International, Inc. (ZNET)
• Cyper Media, Inc. (CYPM)
• Frisby Technologies, Inc. (FRIZQ)
• Graphco Holdings Corp. (GHCP)
• Investors Insurance Group, Inc. (IIGI)
• ITC Learning Corp. (ITCC)
• Speizman Industries, Inc. (SPZN)

The Commission temporarily suspended trading in the securities of the foregoing companies due to a lack of current and accurate information about the companies because they have not filed certain periodic reports with the Commission. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).

The Commission cautions brokers, dealers, shareholders and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by these companies.

Brokers and dealers should be alert to the fact that, pursuant to Exchange Act Rule 15c2-11, at the termination of the trading suspensions, no quotation may be entered relating to the securities of the subject companies unless and until the broker or dealer has strictly complied with all of the provisions of the rule. If any broker or dealer is uncertain as to what is required by the rule, it should refrain from entering quotations relating to the securities of these companies that have been subject to trading suspensions until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met. Any broker or dealer with questions regarding the rule should contact the staff of the Securities and Exchange Commission in Washington, DC at [phone]. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.

If any broker, dealer or other person has any information which may relate to this matter, they should immediately communicate it to the Delinquent Filings Branch of the Division of Enforcement at [phone], or by e-mail at [e-mail]

http://www.sec.gov/litigation/suspensions/2009/34-61187.pdf

See also Order
http://www.sec.gov/litigation/suspensions/2009/34-61187-o.pdf

http://www.sec.gov/litigation/suspensions.shtml

[Sola Fide]

SEC Halted

http://www.otcbb.com/marketwatch/

[$$$TOCK 007]

NO VOL .WHY?

[Nawk]

Momma are you staying with this one?

[MommaSaid]

Strange ... website was up almost all day and now its down again

[Nawk]

Does not look good at all! Selling Tues

[MommaSaid]

Website is down!

[MommaSaid]

It possible that it is being shorted but here are 2 other senarios which I think are more likely

1. Conversion of the $1 M debenture is taking place into shares(I think its possible that this has been taking place for some time) and in this case we will see a nice spike when they are done.

2. Short covering by the debenture holder is taking place to hedge their bet. In this case too I think we will see a nice spike soon

I don't like that they didn't even file the NT-10Q though, it seems to me that the Toronto office is either closed OR its number has changed. The Korean number works, where they have their main office, believe it or not, I called to 2 times but dont speak Korean and they dont speak English.

Yes this is a big gamble here but I think if they file the 10Q we will see a huge spike back into the cents!

MOM :)

PS. Back in March to you remember if their website was the same as now ? It says that it is a new site. I am trying to figure out how new it is. Its a nice site for an OTCBB stock I must say.

[Nawk]

I bought 160k @.004 yesterday when I saw the bid moved up to .0037, but today it came down to .0030 at eod. And GNET just pull off. Hoping for a spike again. Did make a double within just a few days back in early March when it shoot up to 0.2 But I admit it is not a very good gamble at this time. You think SACM is shorting this thing? Please keep me post if you have any news or info. Thanks

[MommaSaid]

I mean 50K in revenue last Q ...

MOM

[MommaSaid]

Nawk ...

I have no idea why but I bought more at .0032. They did not file their 10Q on 8/16 and they didnt even file a NT-10Q. I know I am rolling the dice here but they IMO are due for a bounce regardless. They need more funding for operations but their last Q was actually pretty good from a revenue standpoint 150K. According to their PRs in Feb - Apr. they have signed more deals. I have a feeling we might find out soon based on the volume today,

Are you in ?


MOM

[Nawk]

Anyone knows what is with the huge volume today?

[MommaSaid]

What do you think of CYPME, looks interesting!

[EVO]

Grub