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Re: ash111 post# 1328

Monday, 07/23/2012 12:48:29 PM

Monday, July 23, 2012 12:48:29 PM

Post# of 14877
Yes, it is correct that CYIOS already sells products and services to the federal government. And maybe they have used CYIPRO for beta tests or trials with government employees. BUT, I think the language you quoted states CYIPRO's capability, and not that it is actually being used by government employees. Regardless, the important thing is what the company's own SEC filings have said. CYIPRO was introduced several years ago but actual SALES of that product were ZERO.

I'm not going to take the time to reread and quote all their SEC filings for you. You'll have to do it yourself. But start with this:

"The Company continues to market our product CYIPRO. We anticipate sales of our product CYIPRO to the government and non-government users in 2012."

and this: "For the quarters ended March 31, 2012 and 2011, we received no revenue from CYIPRO ™."

No sales of CYIPRO yet.

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