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Monday, December 15, 2014 10:51:48 AM
These were reported to the SEC in the both summer of 2014 and in 2012 - before the new round of excitement wth Era etc broke. Short of a freedom of information request, SEC doesn't report the status of it's detailed investigations; There is a long list of names of numerous individuals and firms that were deceived and/or scammed with respect to Cytta over that period as well as other fraudulent actions.
For those that put up money, five years later, no customers, no revenues, no assets to speak of, just lots of announcements and agreements with other parties and no meaningful updates when they become rescinded or otherwise valueless.
I really don't care who is scamming whom. It's just poetic justice to finally see Gary and the other directors get tangled up in this way.
Someone recently had passed comment that the "shell" might have a value at something less than current market cap. I think by the time the share registers and overhanging claims were cleaned up, even the shell would be of no value - better to start from scratch.
As to the recent Cytta website claims regarding the new crew, the kettle is calling the pot black;there have been about 20-25 civil actions against Campbell on both sides of the US-Canada border.
If I were a current director or officer of Cytta I'd be nervous indeed.
Recent CYCA News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:48:35 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 06:26:03 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/16/2024 10:05:30 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 01/12/2024 09:30:53 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 06:23:53 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/05/2023 05:37:47 PM
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