Replies to post #31479 on CyberKey Solutions fka CKYS

[shaw2k6]

Regarding #2 - Clarification is probably needed, especially with regard to who the contract is with/for, but it is not unreasonable to assume that they might be selling through another org that is on GSA and/or a Prime on the contract.

The FIPS stuff is still debateable. I have worked with numerous agencies in DC that have bought devices that make use of encryption that have not received a government certification. IMO, it would depend on what classification of information the devices are intended to store. There is a big difference between sensitive but unclassified (SBU) and secret/top secret.

If the contract was for USB keys and "oh, great, they also have the capability to encrypt our SBU data", then it shouldn't be a big deal.

Like I said though, Jim could clarify this in a simple interview with prearranged questions that the investors would like answered.

[DayofReckoning]

so audited finacials for three years 04,05,06 qualifies as a min for OTCBB, filing form 10????
thanks

[greenspirit]

jking, just speculating a bit here, but it could be CKYS is selling the device to the PX or NEX system instead of directly to the military. Technically they could be stocking shelves and claiming "it's a military contract".

[varok]

Good Evening,

I will address your bottom escrow paragraph.

A company can restrict a stock for 2 years and as well can unrestricted these issues at their will..

Now on the potential use of the 120 million and waiting on the best opportune time.

For sake of this conversation with respect to CKYS we will use this current response and try to make sense of Jim's reasoning.

To restrict the 120 out of 700 million would in fact prevent a hostile takeover as this could serve as a poison pill scenario..This will prevent a backdoor maneuver from any attempt even though there are still appox.300 million shares left in A/S as the real leverage against such attempt.

However, on the 120 nontrading issues and holding while not letting them on the market, in the long run can serve as a financial instrument in buyout or merger just on the shares alone.

We know that the AF and the desire to move to a higher exchange is on the company's mind and should be released from all indications soon..So what we have is a move to a higher exchange with actually about 500 million with 120 million restricted and 1 billion A/S.

When a company moves to a higher exchange, usually also comes with a greater need for liquidity to satisfy further equity financing needs..Now if CKYS can move the share price lets say to .25 to .50 giving it a market cap of 200+million is a plus,but the company has many shares still in escrow as reserve and not to sacrifice the shareholders equity position..This is key.

Now with the 120m and these shares are not in the public domain as trading shares but restricted and is worth 36 million..Now since the company has these shares already for merger or buyout talks rather than having to repurchase (buyback)by going into their cash position or hit the A/S and lesson the overall protection from hostiles is ready for any talks without compromising the leverage on majority held.

So in closing..I believe and this is only my opinion..The company is instilling self protection against what many may perceive a hostile takeover that could but not necessarily a given,but one has to recognize the attempt may be in the works.

I like it and give Jim my support at this time for hopefully recognizing the ever revolving Tech sector as a cutthroat business..He appears is doing what we as shareholders want in our management team at CKYS.

I also would like to give my appreciation to Brent for sharing the conversation with Jim and putting many of the areas of doubt with the board..You have done a great job and deserve the honor.


Have a good day
Varok