** Past Successful Reverse Mergers: NXCN (was CYKE)
NXCN (formerly CYKE)
1.Oct.27, 2003 – begins trading at 0.01 on heavier volume.
2. Nov.19,2003 – CYKE reverse merges with OSSI. CYKE is now trading at 0.09. It runs to 0.50 in 2 days on this news, and eventually $1.30 by Jan.22/2004.
3. Entire run was Oct.27/2003-Jan.22/2004, $0.010-$1.30 = 13,000%
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In November 2003, Cyco.Net announced it had purchased Virginia-based Orion Security Services Inc. for 50 million shares of stock. That deal was valued at $19.5 million by FactStet Mergerstat LLC, a group that compiles nationwide mergers and acquisitions data.
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8K Filing November 19, 2003
On November 19, 2003, Cyco.net, Inc. purchased all of the outstanding common stock of Orion Security Services, Inc. ("OSSI"), a Virginia corporation, that provides secure computer network and management solutions and video surveillance systems via satellite communication. In the stock for stock purchase, Cyco.net,
Inc. will issue 50,000,000 shares of common stock in exchange for all of the issued and outstanding common stock of Orion Security Services, Inc.
Cyco.net acquired the stock of OSSI from the following people in exchange for the number of shares of Cyco.net's common stock set forth opposite their names: Robert Demson (26 mil), Francisco Urrea (20 mil), Paul Goldgerg (1.8 mil), Harry Montefusco (1.8 mil), John Morrison (400k).
Francisco Urrea, Jr., a shareholder of OSSI, is also a director of Cyco.net. OSSI intends to continue its operations in Oakton, Virginia and will operate as a wholly owned subsidiary of Cyco.net, Inc.
The Company plans to report on the historical financial statements of OSSI prior to the acquisition and provide pro forma financial statements of the acquisition within 60 calendar days of this filing.
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