CYIOS Corporation (CYIO): The financials are a complete joke. Thei...

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surfkast

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Saturday, 08/21/2021 10:47:18 AM

Saturday, August 21, 2021 10:47:18 AM

The financials are a complete joke. Their operating activities were a huge loss. As for CASH FLOWS FROM (USED BY) FINANCING ACTIVITIES, they are going deeper and deeper into debt.

This company is tremendously overvalued if one knows how to read the financials.

GROSS PROFIT (LOSS) 2,639

NET INCOME (LOSS) $ (250,536)

CASH FLOWS FROM OPERATING ACTIVITIES Net loss $ (620,286)

CASH FLOWS FROM (USED BY) FINANCING ACTIVITIES

Cash received from (paid to) related party convertable loans (70,690)

Cash received from convertible bonds 903,582

Cash received from the issuance of common stock 493,380

https://backend.otcmarkets.com/otcapi/company/financial-report/297796/content

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