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Cybeats Technologies Inc C.CYBT

Alternate Symbol(s):  CYBCF

Cybeats Technologies Inc. is a Canada-based software bill of materials (SBOM) management and software supply chain intelligence technology provider. It enables organizations to manage risk, meet compliance and secure software from procurement, development through operation. It offers built-in security solutions for software and Internet of things (IoT) devices, delivering proactive prevention, detection, and response in real-time. It aggregates and manages SBOMs at every level during various stages of the DevOps cycle. Its products include SBOM Studio and RSDP IoT Security. SBOM Studio is an enterprise-class solution that helps you understand and track third-party components that are an integral part of software. SBOM Studio supports the software package data exchange (SPDX) and OWASP CycloneDX. Its RSDP IoT Security is an integrated security platform designed for connected devices. It operates in various sectors, such as critical infrastructure operators, hospitals, and utilities.


CSE:CYBT - Post by User

Post by rpscrybon Nov 29, 2022 11:46pm
222 Views
Post# 35138657

Spoke with the Company

Spoke with the Company

I talked to someone quickly about this today at Scryb. In a Nutshell

 

He said Scryb news will be out soon on everything but that this transaction is Enormous and Pivotal for the future of the organization. 

 

They took Cybeats from $7M to over $120M in 18 months, it’s currently very very undervalued and that Scryb will do this again and again, applying the platform to other technologies and now leveraging the resources from this transaction for non-dilutive financing and cash-based acquisitions and that the company has additional things already happening.

 

Based on comparisons Cybeats should be worth 250-250M USD now and he thinks the market will reflect this in the near term and that SCYB will have to react by next filings (at the latest) when the market sees over $100M equity on the books.

He told me that CYBT has the potential to be over a billion in the next 18 months, Scryb has no intent to trade the stock at all anytime soon and to do the math on 60M shares and 10M warrants.:-) its a big number :-)


Do your own DD

 

Im holding for the long term :-)

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