Nyxio Technologies Corporation (NYXO)

[casualriver]

Those that are viewing the CC positively had better look at the ground facts here:'

1) From the Proxy Statement:

"Following the Reverse Split, there will be approximately 2,194,001 shares of common stock issued and outstanding. Class B Preferred shares will not be affected by the Reverse Split, however, and Mr. Johnson will continue to hold ten billion (10,000,000,000) shareholder votes in his capacity as a holder of Class B Preferred Shares following the reverse split. As shown in the table below, this will constitute approximately 99.98% of the post-split shareholder voting power."

2) The Market didn't buy off on the CC - the stock is still trading at no bid and the ASK at .0001

(3 The AS remains the same at 8 billion shares, and does anybody think that an experienced big time investor is going to buy this stock now knowing that dilution is right around the corner.