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Wardo

10/29/10 11:01 AM

#33440 RE: Renee #33438

Excellent observations... I completely agree.

I will continue to reserve judgement over the weekend, this will go one way or the other by the 2nd and to me another few days is nothing compared to the years already past, leading up to this juncture.
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GatorTex

10/29/10 11:21 AM

#33442 RE: Renee #33438

Thanks Renee.

so be wary of news releases . And , if CYSG were to use news releases to sell shares via NIR the SEC would likely move quickly to revoke the stock .



This is a key point, if a PR even comes out "by the end of the week" or by "friday or early next week at the latest" (still waiting?)...don't assume that all is well and that the stock cannot still be revoked.


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Renee

10/29/10 5:05 PM

#33460 RE: Renee #33438

BTW , CYSG would need to file ALL delinquent Financials on OTC Pink Sheets , the SEC's acceptable venue for NON-SEC reporting Securities , and NOT on Cape's website . Even if a company has complied all Market Makers can simply refuse to sponsor the stock or making a market for CYSG because the risks are too great .

TOMS would need to have the Fins audited to have any hope for a MM to sponsor the stock , and even then the MM's would wait as long as necessary to ensure the SEC has no other regulatory issues with the stock . As simply as I can state it no MM will be inclined to risk their registration as a Market Maker for CYSG or any other stock until there exists iron-clad evidence the stock is squeaky clean in ALL respects .

As of 2 minutes ago there were no Financials posted to Pink Sheets OTC .

This opens on the Gray Sheets , and any prolonged delays increases the liklihood of CUSIP revocation . The SEC will not accept excuses ....PERIOD .

Nic Toms had better realize the urgency or else !

http://www.otcmarkets.com/stock/CYSG/financials