Replies to post #12652 on Archie's Corner (POW)

[Scrooge McDuck]

Arch, several shareholders of IDFR have claimed to have called the company and they all say the same thing.
"the CYSI shares are restricted."
At this point, I have to assume that's true and, if so, they will NOT be delivered.
Restricted shares cannot be sold or issued to the public.

Right now, it's up to CYSI to file a SR-2 to lift the restriction, but it hasn't happened yet and the chances look slimmer every day.

Because all three companies are in the Pinks, it's hard to get any factual information, but one thing is becomming clear;
When IDFR obtained 80% of the stock in CYSI they assumed majority ownership.
With that, they, literally took control and, as I understand it, all three companies, IDDFR,IDCG & CYSI, are controlled by the same management and based at the La Jolla address.