posted
some profit taking on the move from .0004 to .0012, i sold some in there, not gonna lie lol.But the two red days, volume was lighter and we'll see if it bounces off .0006 and keeps moving up.
Posts: 77 | Registered: Jan 2010
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posted
I don't see any clear sign of a reversal, but if it starts moving up, it's in a solid position
Posts: 38 | From: Boston | Registered: Jan 2010
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Filings are all up to date but no news. CYCA chart has the type of layout to go to .01 or .012 if some news hit, I'm not letting mine go
Posts: 77 | Registered: Jan 2010
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Cytta Acquires Experienced Officers to Advance Home Based Healthcare Project
SAN FRANCISCO, CA--(Marketwire - 03/12/10) - Cytta Corp. (OTC.BB:CYCA - News) is pleased to announce that Mr. Gary Campbell has been appointed President and Secretary and has been elected to the Board of Directors to work with Mr. Stephen Spalding, the CEO. Mr. Campbell has many years of experience in the development and funding of leading edge medical technologies and a diverse background in public company administration, organization and operations.
Mr. Spalding, CEO, stated, "I am very excited to be working with Mr. Campbell again on a project which seeks to create alternative mechanisms for solving some of the most difficult medical issues of our times. We have a mutual belief and commitment that the application of the US entrepreneurial spirit and dedication, coupled with the tremendous technologies currently available, can allow us to constrain spiralling costs in the health care sector while delivering the potential for individual control of their health and welfare."
Under the new Board and Executive Team, Cytta will be seeking to advance the medical system and technologies currently licensed by the Company, and seeking other viable alternatives to increase shareholder value.
The Company feels that the judicious application of creative technologies to the Healthcare sector can help bend the long-term cost curve of health care in a more positive direction, while empowering each individual consumer to be in control of, and take responsibility for, their basic health care issues. We believe home and individually controlled and monitored health care will empower consumers, while creating better outcomes and a more rational allocation of their limited medical dollars.
The Company is also pleased to announce that Dr. Albert Cook, BA, MD, has joined the Board of Directors and has agreed to serve as Medical Director. Dr. Cook will provide advice and guidance in all areas related to medicine, medical technology, general technology and the Internet delivery of medical services.
Dr. Cook is also the creator and one of the driving forces behind the development of the ScreenMD medical service delivery web portal and associated technologies designed to deliver a range of medical services through the Internet. Dr. Cook has been owner and medical director of two large Health Care Surgicenters, both located in California.
Dr. Cook is recognized as one of the leading pain management practitioners in America. Dr. Cook has a Bachelor of Arts degree from UCLA and a Doctor of Medicine degree from the University of California at Irvine. Dr. Cook was originally a medical technician specializing in the development of new medical products. Dr. Cook is a former air national guard jet pilot and an avid private pilot.
It is important to recognize that when Baby Boomers start turning 65 in 2011, approximately 8,000 Americans will become Medicare eligible every single day. The US currently has 37 million people over age 65, a figure the Census Bureau projects will hit 67 million by 2020 and 71.5 million by 2030 -- nearly 20 percent of the U.S. population. At the same time, medical technology advances will continue to improve the survival rate of severely ill and injured patients, who then need home based health care, extensive therapy and nursing care.
Dr. Cook stated that, "Technically advanced telemedicine based home healthcare is an extremely cost-effective, yet significantly underutilized health care option for seniors on Medicare. With the current debate raging on how to constrain costs without cutting services, we feel that the only viable answer is to develop technologies and systems that deliver the information and control directly to consumers and their caregivers."
Additionally, Dr. Cook said, "In these times, it is crucially important that every taxpayer dollar is efficiently utilized. For basic health care, that means helping more Medicare patients receive the benefits of technically advanced home care systems, and online information and provider intervention, while expanding technical capacity to more economically accommodate their needs."
Cytta Appoints Exceptional Vice President and Director to Coordinate Medical Project
SAN FRANCISCO, CA--(Marketwire - 03/19/10) - Cytta Corp (OTC.BB:CYCA - News) is pleased to announce that Mr. Karl Harz B.Sc. (Marketing), MBA has been appointed Vice President Business Development and has been elected to the Board of Directors to work with Mr. Stephen Spalding the CEO.
Mr. Harz has many years of experience in the identification, negotiation and acquisition of a myriad of projects ranging from technology, real estate and most recently mining and resource. Mr. Harz with his wife Marilyn K. Harz RN, Ph.D. continue to work together in the development of medical products to better manage the healthcare needs of people with chronic conditions in preparation for healthcare reform.
The crucial involvement of Mr. Harz in Cytta allows us to further our mission to discover, acquire and develop technologically advanced products. Mr. Harz's involvement is related to our discussions with a major partner wishing to assist in the implementation of the home based medical testing systems previously acquired by the Company and currently described as the 'Advanced Medical Project.'
Given the interest currently being displayed in the tremendous savings this technology can deliver to the US Healthcare industry by both industry and government alike, and the Company's Officers knowledge of the field, the Company will hereafter be focusing its ongoing efforts upon implementing these technologies.
The Company also wishes to announce, that it will through the license agreement acquired from Lifespan Inc. continue to focus upon becoming the leading provider of Internet based home medical diagnostic and testing products. Additionally, the Company wishes to announce that Dr. Albert Cook BA, MD will not be joining the Board of Directors or serve as Medical Director as previously announced. Additionally, the Company will be ceasing all negotiations regarding the ScreenMD project.
The primary benefits of Cytta's medical model are clinical, resulting in superior patient outcomes, psychosocial, resulting in better patient satisfaction, and economic, resulting in significantly lower costs. The Advanced Medical system is focused upon connecting leading edge home based medical diagnostic and testing equipment securely through any wireless device to the client's Electronic Medical Record portal.
The medical peripherals and devices which the Company seeks to integrate are designed to simplify the collocation of medical data in the home and securely deliver the core medical data to web based medical portals. The system envisaged by the Company allows for easy access, review, and storage by the user and/or their designated medical professionals from anywhere in the world.
The Company seeks to develop its technological expertise, joint venture relationships and strategic alliances to positioned itself to become a leading integrator of Internet based medical diagnostic and testing products utilizing screen based wireless access devices to reach the ever-growing market segment requiring access to "instant medical testing" and "electronic diagnosis" products. Company management envisions explosive growth as the US moves towards more universal access to home based advanced medical evaluation systems and the current Health Care changes being proposed by Congress resolve into functional improvements.
Mr. Harz has maintained a California Real Estate Broker's License and has had a Series 22 and 63 licenses, a Life and Disability license and Variable Annuity License. Mr. Harz graduated from Fairleigh Dickinson University in Teaneck, N.J., with a Bachelor of Science in Marketing and a Masters in Business Administration in Management. While attending Farleigh on a full track and field scholarship, Mr. Harz won a National AAU title competing in the All-Arounds which awarded him recognition as being on the first team of the All American Men's Track and Field Outdoor Team.
Mr. Harz has previously been instrumental in the development and management of a major corporation, Transitional Housing Inc. (THI). THI was awarded a contract through the US Department of Justice for the housing of undocumented persons. This was a 300 bed contract requiring the development of a medical clinic for the healthcare needs, 24 hour security, transportation and legal assistance. Other contracts grossing over a billion dollars were awarded with the assistance of Mr. Harz for the housing and welfare of these groups of individuals across the United States.
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"The crucial involvement of Mr. Harz in Cytta allows us to further our mission to discover, acquire and develop technologically advanced products. Mr. Harz's involvement is related to our discussions with a major partner wishing to assist in the implementation of the home based medical testing systems previously acquired by the Company and currently described as the 'Advanced Medical Project.' "
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I'm finding some interesting tidbits regarding this last PR. I thought their devices were just the stationary PC/ phone type of deal, but it looks like the software extends to the wireless networks as well, which is huge.
"The Company seeks to develop its technological expertise, joint venture relationships and strategic alliances to positioned itself to become a leading integrator of Internet based medical diagnostic and testing products utilizing screen based wireless access devices to reach the ever-growing market segment requiring access to "instant medical testing" and "electronic diagnosis" products. "
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posted
Its wierd, they spread it out .001 x .003 and someone is loading the boat at .0017, oh correction it just jumped to .0018. I think peeps are beginning to see the potential in this play.
Posts: 77 | Registered: Jan 2010
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Strong day after a couple days of profit taking, I predict tomorrow more consolidation in the .0024- .0035 range, with steady volume. With partner/contract news, it could close substantially higher.
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