To set the record straight there was no private placement for $CYBK IPO. There was a loan by a few large shareholders who want to see the investment they made in the open market pay dividends once the S-1 launch of the private companies occurs. Its as simple as that. Anyone has questions or wants to confirm what I am saying is true, feel free to ask Chris Clarke directly. There was no PPM PERIOD and there is no convertible debt either !

Cheers, PC