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Re: None

Tuesday, 10/02/2018 8:30:01 AM

Tuesday, October 02, 2018 8:30:01 AM

Post# of 14873
Great DD!


Paul Wall Monday, 09/24/18 02:16:57 PM
Re: None 0
Post #
5750
of 5889
CYIO DD Package

AS 100M
OS 36M
Float 16M
Insiders own 69%!
No notes so no dilution

https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=EWVw0%252bKcEUuTZthy%252fOW5kw%253d%253d&nt7=0

The SEC had a ruling against CYIO but recently vacated the decision effective August 22nd.

A new judge was assigned to the case and has to rule by October 3rd.

https://www.sec.gov/alj/aljorders/2018/ap-5955.pdf

The judge has previously ruled AGAINST the SEC in cases. I believe it will simply be dismissed and here’s why.

The legal term for vacated is as follows, “To vacate a court order or judgment means to cancel it or render it null and void.”

If dismissal happens CYIO could then possibly collect the $5M in damages it is seeking. That leaves a book value of .14. With a multiplier and low float the sky is the limit. This used to trade in dollars. CYIO used to be a government contractor with that DOD greater than $10M in revs and they are still active! If you add in revenues book value heads up near .50 with no multiplier. This used to trade around $2 no problem.

So to review, low float, case vacated, new judge, $$$

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