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Monday, September 20, 2021

Cyberlux Corporation (OTC: CYBL) Major Comeback Brewing as (DoD) Contractor Reports Strong Q2 Results & Upcoming Acquisitions

Cyberlux Corporation (OTC: CYBL) is making a powerful comeback after a brief dip to lows near $0.01 after a steady uptrend which looks as if it will resume here as the Company announces important developments including Q2 financial results; Revenues for the three months ended June 30, 2021 were $367,231 as compared to $ -0- for the same period last year due to the impact of the COVID shutdown. The Company recorded an income from operations of $591,868 for the six months ended June 30, 2021. CYBL is now in the enviable position of gaining immediate business velocity by achieving OTC Pink Current status asap, continuing to build out its organization, focusing on its new business and new product pipeline, accelerating its South American projects and driving on its strategic IP development. The Company is focused on rapid growth through acquisition and stated several days ago they are ready to take advantage of the opportunities in front of them, including the upcoming 2-4 acquisitions in 2021, with the first one expected to conclude this month. A break over $0.019 and CYBL is back in a blue sky breakout. 

Microcapdaily first reported on CYBL on July 11 while the stock was still in the double zeroes stating at the time: It’s easy to get excited about CYBL; an active Department of Defense (DoD) contractor providing leading-edge, battle-tested lighting solutions to the U.S. Air Force, National Guard, Special Operations Command (SOCOM), and the U.S. Army. Management is hard at work getting their filings in order and moving to “pink current” Management has been working with the share structure and enacting a no reverse split policy as they move the AS from 20 billion down to 8.75 billion. Management states: We are expanding through acquisitions, across government agencies, and in targeted commercial and international markets with our renewable energy products, technologies and services, and having a healthy equity structure is vitally important. We are also making significant progress with our OTC Pink Current status and will have more information coming forward very soon.”  

Cyberlux Corporation (OTC: CYBL) operating out of Research Triangle Park, North Carolina is a leader in solid-state lighting innovation tht has developed breakthrough LED lighting and energy efficiency technology, with solutions available today in U.S. government agencies, commercial markets and international opportunities. The Company provides unique solutions to the Department of Defense (DoD), Commercial channels and Design Services customers. Since 2006, Cyberlux has provided leading-edge, battle-tested lighting solutions to the U.S. Air Force, National Guard, Special Operations Command (SOCOM), and the U.S. Army.  As the Company’s primary channel, Cyberlux supplies the DoD with light-weight, portable battery-powered advanced LED lighting systems for special operators, forward-base operations, security and maintenance lighting. After early consumer product trials, the Company has focused on DoD lighting technology and serving the Military, First Responder and related Commercial markets, primarily with the BrightEye Tactical Lighting System products. The Company’s mission is to be the trusted provider of advanced lighting solutions to Commercial, Government and Military organizations worldwide. The Company had a governent contract in Durham, North Carolina that ended on March 31, 2021. CYBL owns a suite of patented products that can be seen here. 

HomeThe BrightEye and WhiteEye, patented products, are advanced light-weight, portable, battery powered LED lighting systems for special operation actions, tactical deployments, remote operations and maintenance, emergency and disaster recovery programs. BrightEye and WhiteEye solutions are powered with milspec rechargeable power systems, with AC and solar powered options. BrightEye solutions deliver both White and Night Vision (NVG) Security Lighting. The NightEye Shelter Lighting System (NSLS) delivers energy efficient lighting available for semi-permanent shelters. The NSLS is designed to provide ideal light dispersion and illumination for shelter structures with White lighting and ‘Black-Out’ red lighting. In addition, the Laboratory Lighting System provides industry-leading lighting capability for laboratory and office environments. 

CYBL has been busy in July alone the Company accomplished a lot according to CEO Mark Schmidt who stated:  

– We reduce our Authorized Share level from the current 20 billion share level to 8.75 billion, a 56% reduction. This provides enough strategic equity to achieve our growth plans while protecting shareholders from any unnecessary dilution.  

– We instituted a “No Reverse Split Policy”, preventing CYBL from a reverse stock split for up to 5 years, and we confirmed our support of shareholders with measures like this No Reverse Split Policy whenever possible.  

– We reported that the Outstanding Share balance of 5.1B included 700M phantom restricted shares that were confirmed lost in 2018 and will never be tradeable, so the Effective Outstanding Share level improves the equity valuation for shareholders by 16%.  

– We set out our growth plans including expanding across government agencies, targeting specific commercial markets, driving growth in South America and expanding our technology IP, with the following priorities:  

  1. OTC Pink Current ASAP
  2. Build the Org-Key Hires 3Q
  3. Contracts-Pipeline 3Q/4Q
  4. Acquisition-Priorities 3Q
  5. Products 3Q/4Q
  6. S. America-Pipeline 3Q/4Q
    Strategic IP 4Q

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CYBL

– We confirmed that we have full OTCIQ access for the filings and the OTC approval process. We began uploading filings as committed and as they are approved. Per the OTCM requirements, the 2020 annual & the Q1 2021 reports are uploading next. We will be in good standing then and expect OTCM Pink Current soon after.  

– We provided a business update that the first acquisition transaction was moving forward as expected and we expect an August close and announcement.  

– We are also bullish on the next acquisition discussions we are having, and we will be updating the shareholders about this in a few weeks as we expect to move forward with this second acquisition.  

On July 18 CYBL released its second quarter of 2021 results which showed a significant increase in revenue year-to-year and demonstrated that the Company is accomplishing its growth milestones as it continues to recover from the impact of the COVID shutdown during 2020. The Company is now accelerating its growth through existing business channels, access to new markets, and through a Company-wide focus on acquisitions and joint ventures. CYBL has now posted all amended filings to OTC Markets and sees OTC Current status as imminent. 

Revenues for the three months ended June 30, 2021 were $367,231 as compared to $ -0- for the same period last year due to the impact of the COVID shutdown. The Company recorded an income from operations of $591,868 for the six months ended June 30, 2021. Operating expenses for the three months ended June 30, 2021 were ($153,681) as compared to $17,887 for the same period ended June 30, 2020. Included in the three months ended June 30, 2021 were the write-off of old liabilities in the amount of $231,625. 

Cyberlux Corporation CEO Mark Schmidt commented: During 2020, we took full advantage of the adversity presented by the unprecedented global shutdown and focused on the future of Cyberlux, where we were now and how we would grow. We re-envisioned what Cyberlux Corporation could be, what our company DNA could grow into, what competitive advantages we had inherent in our company after over a decade of Department of Defense (DoD) technology development and partnerships with the largest organizations in the world, including the U.S. Military, Boeing, and Cree. We also had significant sales and distribution experience with Walmart, Home Depot, Lowes and many, many others. Further, we now had a foundation in renewable energy and infrastructure projects, from the design and engineering required to build a solar power generation farm or a solar LED street light project, to the solar and lighting products required to execute. 

Going forward, we envision Cyberlux as a company that is “Harnessing the Future” and not just “Harnessing the Future of Light”, as we previously described the business. Now we will drive operational growth with current and future technologies, through fundamental organic growth and through an accelerated acquisitions and joint ventures strategy to align with companies pursuing technology and product extensions to ours, all with significant future growth. In the course of developing advanced technology products, we have come to identify core technology and product companies, and now these companies can become Cyberlux growth catalysts. Now we are harnessing the future, building Cyberlux into a leading technology company. 

The overall business environment so far in 2021 clearly shows we are in recovery from 2020, with Q2 revenues of $367,231 and income from operations of $591,868. We are also forecasting 2021 full year revenue as $5.1M across all business areas, with some upside opportunities in sight as well. As we push forward with our Operation Alpha growth plan, we have three priorities: (1) drive growth through aggressive business development, acquisitions and joint ventures; (2) address our core target markets with our DoD products, new specialty technology capabilities, solar and renewables, and with emerging infrastructure projects; and (3) gain immediate business velocity by achieving OTC Pink Current status asap, continuing to build out our organization, focusing on our new business and new product pipeline, accelerating our South American projects and driving on our strategic IP development. With the amended filings submitted today to the OTC Markets, we believe our Pink Current status will be granted next, which will serve as a catalyst for our next growth phase. We see a very exciting next six months for CYBL as we take advantage of the opportunities in front of us, including the upcoming 2-4 acquisitions in 2021, with the first one expected to conclude this month. 

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CYBL is making a powerful comeback after a brief dip to lows near $0.01 after a steady uptrend which looks as if it will resume here as the Company announces important developments including Q2 financial results; Revenues for the three months ended June 30, 2021 were $367,231 as compared to $ -0- for the same period last year due to the impact of the COVID shutdown. The Company recorded an income from operations of $591,868 for the six months ended June 30, 2021. CYBL is now in the enviable position of gaining immediate business velocity by achieving OTC Pink Current status asap, continuing to build out its organization, focusing on its new business and new product pipeline, accelerating its South American projects and driving on its strategic IP development. The Company is focused on rapid growth through acquisition and stated several days ago they are ready to take advantage of the opportunities in front of them, including the upcoming 2-4 acquisitions in 2021, with the first one expected to conclude this month. A break over $0.019 and CYBL is back in a blue sky breakout. Microcapdaily first reported on CYBL on July 11 while the stock was still in the double zeroes stating at the time: It’s easy to get excited about CYBL; an active Department of Defense (DoD) contractor providing leading-edge, battle-tested lighting solutions to the U.S. Air Force, National Guard, Special Operations Command (SOCOM), and the U.S. Army. Management is hard at work getting their filings in order and moving to “pink current” Management has been working with the share structure and enacting a no reverse split policy as they move the AS from 20 billion down to 8.75 billion. Management states: We are expanding through acquisitions, across government agencies, and in targeted commercial and international markets with our renewable energy products, technologies and services, and having a healthy equity structure is vitally important. We are also making significant progress with our OTC Pink Current status and will have more information coming forward very soon.” We will be updating on CYBL when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with CYBL.

Disclosure: we hold no position in CYBL either long or short and we have not been compensated for this article.

 

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