Cyber Kiosk Solutions, Inc. (OTCMKTS:CYBK) Boosted by February Promotions

Cyber Kiosk Solutions, Inc. (OTCMKTS:CYBK) is yet another ticker that took off at the start of 2014 and has not stopped so far. After the waiting period of the long weekend, CYBK revved up again, gaining more than 37% to $0.33, on buying volumes of $1.32 million. CYBK, of course, is to be considered another fresh cannabis stock, with an IT targeted to marijuana sales. CYBK1902.png

Added to the general hype are the several emails that mentioned CYBK and landed in the past month. So far, the email pump is rather slow, with a budget of just $4,000, and most of the messages are free, riding on the meteoric rise of CYBK to improve the record of promoters. Still, this has helped boost volumes of a company that is no stranger to big promises. The latest email came from @PennyStockAlerts. TGGI1902.png

CYBK, despite the many attempts at finding deals or financing, is in dire straits, and has achieved little with its idea of electronic kiosks:

  • $370 total current assets
  • $350 thousand total liabilities
  • ZERO revenues
  • $12 thousand net loss

So it is no wonder that pumpers mention the company’s future potential and the chart momentum, but downplay the long unsuccessful history of CYBK as a developer of smart vending machines. Unfortunately, deliveries of machines remained in the planning stage.

Now, CYBK has another promise from a private investor to commit $1 million and bridge the company into its new successful position as a producer of cannabis vending machines. But we need to be careful before believing, since in the past, tentative deals usually remained tentative.

Of course, the biggest red flag is the CEO, Christopher Clarke, the man wearing many hats and also leading the dismal pink sheet, Trans Global Group, Inc. (OTCMKTS:TGGI). This ticker was also active in the past month, with strong days and even stronger setbacks. The problematic link was already known when CYBK went under the name of Dynasty Limousine, Inc. (DNYS), and there is a well-known complaint of overly-aggressive promotions.

In the case of CYBK, while exuberance and its new status could keep it up for a while, the underlying reality means that sooner or later, this high flier will crash. Avoid over-investing and don’t get caught in the downward spiral, despite the expectations that this company could reach dollar prices. Bigger, better marijuana companies have corrected painfully, so for CYBK, the latest upward trend is no guarantee of future success.

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