October 1, 2007
CYIOS Corp. NAICS 541512
1300 Pennsylvania Avenue NW Washington, DC 20004 Description Systems Integration Services
(703) 294-9933 Employees 22
http://www.cyios.com/ Revenue (mil) 1.7090
  Income (mil) -0.8890
  Assets (mil) 0.1050
  Liability (mil) 0.6230
  (for the year ended 2006-12-31)
Category: Audit Concerns
Event: Traci J. Anderson CPA expressed substantial doubt on CYIOS Corp.'s ability to continue as a going concern after auditing its financial statements. During 2006, the auditor notes that the Company had a net loss of $893,526, a net deficiency of $24,170,258 and a net working capital deficit of $522,260.
Intellectual Property: The Company’s CKO, Inc. subsidiary is the sole owner of 100% of the intellectual property rights of the CKO online software. The CKO software is copyright-protected and the Company is currently considering the feasibility of patenting certain currently confidential processes used within the software. [SEC Filing 10-KSB 04-17-07]
Description: The Company operates as a systems integrator and knowledge management solutions provider for the United States Army, Department of Defense, and U.S. Government agencies.
Officers: Timothy W. Carnahan (Chair, Pres. & Treas.); Jeffrey Lieberman (Sec. & Dir.)
Auditor: Traci J. Anderson CPA
Securities: Common Stock-Symbol CYIO.OB; OTC BB; 23,824,210 common shares outstanding as of June 30, 2007.
return to main page