CYSS is back !!! wichtige info

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eröffnet am: 26.01.01 16:26 von: Cash-money Anzahl Beiträge: 7
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26.01.01 16:26

207 Postings, 8749 Tage Cash-moneyCYSS is back !!! wichtige info

Hier die Nachricht die ab heute auf www.crys-tel.com zu finden ist.

Also ich finde das ist doch mal ein Grunf zum feiern oder??




LETTER TO SHAREHOLDERS
January 16, 2001

To My Fellow Shareholders:

We are writing this letter to you alert you to the progress of the company and its current status, impending actions and recent accomplishments.

The company has completed a reverse stock split of 100 for 1 effective January 31st 2001 through a vote of the majority shareholders. This reverse stock split was proposed by the management and board of directors to enable the company to raise sufficient capital to pursue its business plans. The company and its capital structure under previous management was set up to be an ineffective mechanism to raise capital. The company has been weighed down by the public market and through the efforts of various shareholders whose interest was self serving instead of the company. The company has continued to endure these efforts until the end of calendar year 2000. Management believes that the year 2001 will be a much better year for the shareholders of Crys*Tel.

With this reverse stock split, it is believed that financing will be more easily obtained and the market problems will be once and for all silenced. The company has taken these drastic measures to protect the public shareholders and the company in its survival. We, the management in connection with this measure are offering a very limited private placement to shareholders of record. Certain criteria will need to be met to qualify for this private placement. Please submit your name and address to qualify under this limited private placement offering either by facsimile at 858.558.8175, info@crys-tel.com or lorenzomusa@tin.it.

The following is an excerpt from the Information Statement that was filed with the Securities and Exchange Commission. Please read it carefully to understand the company's actions in effecting the reverse stock split.

"PURPOSE OF THE PROPOSED REVERSE SPLIT

The Board of Directors believes that the Reverse Split should enhance the acceptability of the Company's Common Stock by the financial community and the investment public. Many leading brokerage firms are reluctant to recommend low-price stocks to their clients. Additionally, since brokers' commissions on low-price stocks generally represent a higher percentage of the stock price than commissions on higher priced stocks, the current share price of the Common Stock can result in individual shareholder's paying transaction costs that are a higher percentage of their total share value than would be the case if the Company's share price was substantially higher. This factor may also limit willingness of institutions to purchase the Company's stock. In addition, a variety of brokerage house policies and practices tend to discourage individual brokers within those firms from dealing in low priced stocks. Some of those policies and practices pertain to the payment of brokers' commissions and to time-consuming procedures that function to make the handling of low priced stocks unattractive to brokers from an economic standpoint.

Further, the Company intends to apply to the NASDAQ Stock Market (once it has completed its reporting requirements to be listed on the Over the Counter Bulletin Market and obtained the necessary net asset requirements and capital) to have its Common Stock approved for listing on the NASDAQ Small Cap Market as soon as practicable after the Reverse Split is implemented. In order to be approved for listing on the NASDAQ Small Cap Market, the Company's Common Stock must, among other requirements, maintain a minimum bid price of $5.00 per share. The Board of Directors believes that being a NASDAQ Small Cap Market listed company will further enhance the Company's credibility with the financial community and the investing public at large. The Common Stock has been trading below $5.00 for the past several months, and recently in the $0.75 - $0.05 per share range. With the shares trading in such a range, small moves in absolute terms in the price-per-share of Common Stock translate into disproportionately large swings in the price on a percentage basis, and these swings tend to bear little relationship to the financial condition and results of the Company. In the Board's view, these factors have resulted in an unjustified, relatively low level of interest in the Company on the part of investment analysts, brokers and professionals, and individual investors, which tends to depress the market for the Common Stock. The Board has thus proposed the Reverse Split as a means of increasing the per-share market price of the Common Stock in the hope that these problems will thereby be addressed.

The decrease in the number of shares of Common Stock (and Preferred Stock converted into Common Stock) outstanding as a consequence of the proposed Reverse Split should increase the per share price of the Common Stock, which may encourage greater interest in the common Stock and possibly promote greater liquidity for the Company's shareholders. However, the increase in the per share price of the Common Stock as a consequence of the proposed Reverse Split may be proportionately less than the decrease in the number of shares outstanding. In addition, any increased liquidity due to any increased per share price could be partially or entirely offset by the reduced number of shares outstanding after the proposed Reverse Split. Moreover, the Reverse Split is expected to increase the number of "odd-lot" Common Stock holdings (i.e., holdings of a number of shares that are not divisible by 100), which may be more difficult to sell and may also result in increased selling costs with full- service brokers. Nevertheless, the proposed Reverse Split could result in a per share price that adequately compensates for the adverse impact of the market factors noted above.

THERE CAN, HOWEVER, BE NO ASSURANCE THAT THE FAVORABLE EFFECTS DESCRIBED ABOVE WILL OCCUR, OR THAT ANY INCREASE IN PER SHARE PRICE OF THE COMMON STOCK RESULTING FROM THE PROPOSED REVERSE STOCK SPLIT WILL BE MAINTAINED FOR ANY PERIOD OF TIME. MOREOVER, THERE CAN BE NO ASSURANCE THAT THE MARKET PRICE OF THE COMMON STOCK AFTER THE PROPOSED REVERSE SPLIT WILL BE HUNDRED TIMES THE MARKET PRICE BEFORE THE PROPOSED REVERSE SPLIT, OR THAT SUCH PRICE WILL EITHER EXCEED OR REMAIN IN EXCESS OF THE CURRENT MARKET PRICE."

In closing, Crys*Tel is working towards better management of its business and its public market and believes that this is the best step towards that objective. We are excited about the direction the company is taking and look forward to increasing shareholder value into the future.

Sincerely,

Lorenzo Musa, President & CEO, Chairman of the Board
Edward Nixon, Director & Advisor
 

26.01.01 17:23

10 Postings, 8744 Tage JohnyNeues Management..................

Am 31 Januar  ist es  soweit, dann  wird der  reverse  split  ausgefuert.Hoffen wir dass diese fiktive Verteurung der Aktie  neue Investoren mit sich  bringt und so der Firma die noetigen kapitalzufluesse beschert mit der sie ihre plaene verwirklichen kann.Ich traue lorenzo  Musa zu den Schaden zu  beheben den das vorherige Management  hinterlassen hat, dann  koennen  wir  uns bestimmt wieder ueber satte Gewinne freuen.  

27.01.01 09:39

12 Postings, 8751 Tage keynesComeback

Totgesagte leben laenger......
Viele dachten  crys-tel sei nach  den langen nachrichtenlosen und handelslosen Tagen pleite, doch  scheint es nun wieder besser  zu laufen zumindest was den  Handel und was die public relations betrifft.
Meiner  Meinung  ist die  Firma noch nicht ueber de Berg das  zeigt der Reverse Split was doch eine  sehr extreme Art ist neue Gelder einzutreiben.Doch ich glaube L.Musa wird es gelingen diese  Investoren zurueckzugewinnen, die einige  andere Leute vergrault hatten.Die  Firma hat nur noch einen  Wert  von 512000 $, deshalb sehe  ich eine  menge  Luft nach oben insofern der Turn around geschafft wird.
Hoffen wir also dass es nicht so  spaet ist, denn  dann koennen  wir uns ueber enorme Gewinne freuen,sollten nur  die Kurse vom Anfang dieses Jahres ereicht werden(ein Bruchteil der Kurse  vergangener Tage) waeren das ueber 3000%, also eine Investition von  300 euro  koennte sich schon zu einer  netten Summe  entwickeln.
Gruss an alle Cyss Aktionaere!  

28.03.01 16:28

111 Postings, 9268 Tage nsr1Cyss +100%!!!!


Habe bei 0.01 10000 Stück nachgekauft
 

06.05.01 20:10

111 Postings, 9268 Tage nsr1cyss + 100%


Bei cyss tut sich was....  

07.05.01 02:40

79561 Postings, 9177 Tage KickyReverse Split=kiss of death

,macht man damit die Aktie nicht aus den Kurszetteln fliegt,unter 1$ wird sie nicht mehr am Nasdaq gehandelt,unter 5$ gar nicht aufgenommen,und im übrigen gabs noch nie SEC Reports,war zuletzt auf den pinksheets!Es gibt keine News,minimalste Umsätze,Insiderverkäufe,ein Bord zu NAPH und CYSS bei ragingbull.com

http://www.ariva.de/board/thread.m?a=all&search=&nr=65899&613
 

23.09.04 17:15

1 Posting, 7385 Tage billclintonan alle CYSS aktionaere

schoene  gruesse an alle  cyss aktionaere!!!!
Ich erinnere mich noch immer gerne an  unser  treffen vom letzen jahr...
Es ist wieder leben in der  cyss (crys-tel)aktie,  verzehnfacht in  3 monaten !!!!
Bis zum  naechsten  treffen im dezember, dann gibt was  zu feiern!!!!
 

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