Today, we are bringing a new profile that has surprised the market recently. It is called OPTIUM CYBER SYSTE COM USD0.001 (OTCMKTS:OCSY), which operates in the cybersecurity industry.
The company has been quite active recently sending announcements that the market celebrated by pushing up the share price. They included new details about the company’s revenue model, the launch of a new social platform, and a new corporate website along with other developments.
The share price has gone from $0.0002 to hit the level of $0.0012 in less than one month period, which represents 500% stock returns for those shareholders who were able to assess the new developments on time.
Have a look before we provide more details:
Optium Cyber Systems, Inc. owns a solution that helps identify cybersecurity vulnerabilities in critical corporate IT infrastructure. More specifically, the company is focused on the healthcare industry. It has developed software intended to protect hospitals from cyber threats, such as the theft of patient medical records, and manipulation of medical devices.
The company is headquartered in Woodlands, Texas.
On October 2, 2017, the company released that a new ticker, OCSY, was going to be used. We need to highlight that the company changed its name from Cre8tive Works, Inc. to Optium Cyber Systems, Inc. Hence, the symbol change was necessary and logical to show the new business model.
On October 5, 2017, a new press release was received from the market, wherein the cyber vulnerabilities existing today in the healthcare industry were noted. Additionally, it was noted how the newly launched platform addresses these issues. The following were the most significant words regarding the size of the market:
“According to the Verizon 2016 Data Breach Investigations Report, the healthcare sector is 30 percent more likely than the financial sector to have a breach of an internal network with the average cost of a healthcare breach estimated to be more than $2.2 million.“
How is the company going to profit from this opportunity?
OCSI identifies threats by breaking down the research process into four steps: detect, mitigate, mitigate, and remediate. There is plenty of technical information on the company’s website, which can be found here.
Furthermore, on October 6, 2017, a good news was received by the market. It was released that “Optium Cyber Systems, Inc. has no intention of implementing a share consolidation or reverse split and is satisfied with the current common share structure.” This is quite a good announcement for the shareholders, as the dilution risk does not seem to be a problem with this name.
Additionally, On October 12, 2017, the company showed that it keeps growing by releasing that its new corporate website was ready: www.optiumcyber.com. We encourage readers to have a look at it. Furthermore, the company continued increasing its presence on the Internet. On October 13, 2017, a new Twitter and Facebook account had been created. George Rutherford, President of Optium Cyber Systems, Inc. , was quoted:
“Our goal is to utilize today’s technology to keep our shareholders informed in a timely fashion. We encourage all our shareholders to follow the development of our company on either Twitter or Facebook,” Source
We encourage shareholders to be alert on Twitter and Facebook, as many announcements come nowadays through these channels. They can create large share price movements.
Finally, on October 16, 2017, the company released more details about its revenue model. It was noted that the company expects to receive revenues through four level: “Starting with an initial vulnerability assessment of a client’s IT network, then leading into a monthly monitoring contract with additional consulting and educational services to be provided on an as-needed basis.”
Currently trading with a market cap of $3 million, OCSY is an exciting story among small caps. With $0.6 million in total assets and only $0.12 million in total liabilities, the company seems to be well equipped to keep the innovations coming. The company is still in the pre-revenue stage, but the balance sheet shows that OCSY can fund further developments.
We believe that the market was seduced by the new business model and the new innovative technology. We appreciated it as well and we will be waiting for the first results. We encourage readers to be alert, as any news could push the share price higher.
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Image courtesy of Official Gates via Flickr
Disclosure: We have no position in OCSY and have not been compensated for this article.