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Re: None

Thursday, 04/30/2020 8:09:14 PM

Thursday, April 30, 2020 8:09:14 PM

Post# of 15030
Also, a few things about the rising OS. It started at 36,311,640, and the two next jumps were to 39,942,804 and then 43,514,232

39,942,804 - 36,311,640 = 3,631,164

43,514,232 - 39,942,804 = 3,571,428

Now take a look at the recent filings (one was released last night)...


NOTE 5 - COMMON STOCK ACTIVITY
The Company is authorized to issue 10,000,000 shares of common stock at $.001 per share. The number of issued and outstanding shares were 36,311,640 for the years ended December 31, 2019 and 2018, respectively. As part of an agreement dated October 27, 2019, CYIOS has agreed to issue 3,631,164 common shares as part of the overall agreement on the convertible loan (see Note 3).

What's Note 3 say....

NOTE 3 - CONVERTIBLE LOAN
During January of 2016, the Company entered into a $225,000 Convertible Loan Agreement with Azure Associates in exchange for non-assessable shares of the Company’s Common Stock based upon a conversion price of $.001 per share with interest accruing at 2.65%. As of August 31, 2019, the Company agreed to restructure the convertible debt from a conversion price of $.0003 per share to $.001 per share.


Ahh, so there's our 3,631,164


Let's go further....

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.


Aaand there's our 3,571,428. Notice, at $0.07 a share

They needed to clear the books from Carnahan's idiocy - both in name, and also his dumb debt. That's being done. Knowing where the increases in OS come from gives us clarity moving forward