Greetings Surfkast,
Everything you posted to me I was already fully aware of - I've done lots of activity on the OTC in the last 25 years or so.
But you're looking in a rear view mirror of what and where CYIO is today and before and I don't believe O'Shea operates in the rear view mirror mentality.
I've posted in the recent past - that if and when CYIO is going to acquire/merge they will want to go to another exchange and that exchange transfer will require SEC approval especially with CYIO's prior management issues.
As a result - the Financial filing timeliness is a required activity for an exchange change consideration and I anticipate that exchange request will either be already started or soon to come.
I watch "the windshield" constantly and continuously and only rarely check the "rear view mirror" for hazards unless changing lanes or when stop signs/lights present themselves.
The quality of a gifted management team is how they ANTICIPATE BOTH current and distant needs and avoid potholes and potential careless drivers.
As I reported the other day - even our past flawed company head was smart enough to buy CYIO stock at a price higher than many other shareholders paid (as a cost average of 5 cents he paid) and his investment of $250,000 is now worth at today's prices $2.25 million number.
Now maybe you could be of some value in your rear view mirror perspective. Here's the question:
Virtually every and any publicly traded company has insurance to cover and protect 2 things
a. errors and omissions on the part of BOD members.
b. cover shareholder conditions where there is e&o or malfeasance in office by corporate officers.
So how did that go or is it still pending from the finalization of the judge and then the clean up by the new management team ?
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