Okay CYOS = Cyop Systems traded on the OTC BB
First of all, this a volatile stock, with a lot
of risk, which Im willing to accept because Im
investing a small amount, about $500.
These guys do tenseatpoker.com and from what I
understand their software is also on
www.skillarcade.com
They have play and real money. The software is at
redfelt.com and they also have a chinese site at
crediplay.cn
They had a lot of news recently: 250k play money
subscribers, opening bingo software on sina chinese
website. The company says,
"The Company is moving from that of only software development to one that is working to build revenues in this exciting juncture of our Company's history."
They are not getting much revenue at all now, but they
are not in that much debt either. There are a lot of
bad things with this company that I could go into, but
they seem to be doing a decent enough job that if they
get popular they will earn a lot of revenue. I especially
like that they are going after some untapped markets in
what is becoming a crowded arena.
So the question is, go long at this price and
hold for a year or two, or wait a year to see
if it has either gone bankrupt or started generating
revenue to decide?