Let me post the copy...
Of the PR that Sequiam put out.
Sequiam Corporation Declares Default on CyberKey Contract
On November 29, 2006, Sequiam Corporation (OTCBB:SQUM), a leading provider of innovative consumer lifestyle biometric technologies and services, announced that it had received from CyberKey Solutions, Inc. a $2,250,000 order for OEM Sequiam BioVaults labeled as the CyberKey ‘KeepSafe’ in accordance with the terms of a manufacturing and distribution agreement signed between the two companies. A deposit of 10% on the first 10,000 units was required and received by Sequiam to insure CyberKey’s commitment to accept BioVault production on schedule. According to Sequiam Corporation, the BioVault shipment arrived in January, 2007 and an invoice that was provided went unpaid. As a result, CyberKey’s deposit was forfeit and Sequiam has declared a default on the purchase order and the manufacturing and distribution agreement. Additionally, Sequiam is pursuing collections from CyberKey related to the contract, purchase orders and the invoice. Existing KeepSafe inventory will be sold by Sequiam.
I request to see the specific public filing/statement made by ANY employee of Cyberkey Corporation that specifically states that the reason for default was anything other than as stated above.
There is none.
Am I wrong? Please provide the documentation.
IMO/FWIW
"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"