CYIOS Corporation (CYIO)

[Xeroe]

J Ricks note was issued under Carnahans leadership in 2016.

Lewis and O’Shea took over May of 2020.

J Ricks is converting shares from that note and unless Balmford is willing to renegotiate with Lewis (and why would he?) he’ll just keep converting as he sees fit.

The co’s hands are tied on this. All they can do now is be more responsible than Carnahan in crafting better terms on notes… which they have done.

Carnahan was the real scam… and he was ousted and sued by the company under new leadership, and had his shares clawed back & returned to the treasury.