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speycastrookie

09/16/13 11:07 AM

#42102 RE: Thenewguy5886 #42101

short version: CYSG didn't turn in audited financials and was delisted. (arguably to resist dilution by a creditor who was manipulating the markets). The company has negotiated a settlement with the major creditor and has sold all assets to pay off the creditor and some other debt. They have reported the sale to us the shareholders and are looking for the shareholders to decide if they want to stay with the company while they attempt to merge/take over another company and get relisted or dissent and have a buy out at current fair valuation.

The shareholders on this board are minority shareholders and are trying to speculate on a number of issues
1. will the company be able to realist
2. will the company gain a new product line before we all get old or they bonus the profits of the sale into their pockets
3. is the dissent the best option for each of us
4. will the predicted reverse split cause us to lose all of the value of our shares (will the new shares proportionally or better increase in value above the dissent)

I think that is the core of it.