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Tuesday, December 18, 2012 8:44:56 PM
Lots of appealing stuff here though. OTCQB, only 36 million outstanding shares (100M Authorized) which is unchanged as of over a year at least (i only looked back to Oct 2011, same as Nov 2012 at 36M) they have much higher assets than liabilities (380K versus 70K) , the accumulated deficit grew only slightly the past year, they have strong revenue with only a small operating loss shows hope that they could eventually be profitable.
Statement from "recent developments" in the 10Q:
"We are actively bidding on other governmental contracts and we do anticipate being awarded new contracts within the next 1 to 3 months.
The Company continues to market our product CYIPRO. We anticipate sales of our product CYIPRO to the government and non-government users in late 2012. We are actively seeking raising capital to assist with marketing this product."
I'm all about getting into a stock with great share structure that is anticipating good news.....
Additionally several contracts are still active: http://www.cyios.com/ContractVehicles/tabid/57/Default.aspx so we know revenue is still coming in and the company isn't going anywhere, and we are expecting new contracts within the next couple months
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