CYIOS Corp. (OTCBB: CYIO) announced a private placement of common shares with Auctus Private Equity Fund, LLC for gross proceeds of $7,000,000 on March 23, 2010. The shares will be issued pursuant to drawdown equity financing agreement over a three year period. The company shall be entitled to request from each advance amount equal to either $200,000 or 200% of the average daily volume of the common stock based on the 10 trading days preceding the drawdown notice date, whichever is larger. The purchase price of the common stock shall be set at 94% of the lowest closing bid price of the common stock during the five consecutive trading days immediately after the notice date. In connection with the transaction, the company paid the investor a total of $15,000, consisting of $7,500 in cash and 100,000 shares of common stock.

The transaction was cancelled as of March 23, 2013.