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Sunday, September 25, 2022

Cyberlux Corporation (OTC: CYBL) Moving Northbound off $0.01 as (DoD) Contractor Reports Record Revenues & Net Income and Management Finalizes Execution Plans in Europe

Cyberlux Corporation (OTC: CYBL) is trending northbound off its $0.01 base in recent trading on growing volume. The stock has been a big runner in the past skyrocketing from the subs to highs of $0.066 in September 2021 before coming back to current levels. There are a lot of exciting things underway at Cyberlux; the Company recently attended #NATOWeek which was a big success with the Company tweeting: “#NATOWeek continues to exceed all of our expectations! More updates to come as they become available to post.” More recently the Company’s CEO and the Defense team has been finalizing execution plans in Europe. CYBL is 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.  

On August 16 CYBL announced the Company achieved a record $8,305,823 in Revenue and a record $2,987,270 in Net Income for the Second Quarter of 2022. The Company also grew its Balance Sheet Assets to $14,377,018 with its successful organic growth and platform acquisition strategy for the period ended March 31, 2022. Going forward, with the Company’s acquisition and organic growth strategy continuing to accelerate, particularly with the project opportunity pipeline, the 2022 revenue outlook of $44.8 million will be achieved, and the Company is expected to generate a substantial positive net income from Operations for the year as well, to further the share buyback plan as previously announced. Management has been hard at work getting their filings in order submitting their annual report on Friday which should get the Company back to “pink current” this coming week. They also moved the authorized shares from 20 billion down to 8.75 billion and enacted a $19.5 million share buyback during which they hope to acquire up to 20% of the OS.  

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Cyberlux Corporation (OTC: CYBL) operating out of Research Triangle Park, North Carolina is “Harnessing the Future” by leading digital transformation across global industries, driving operational growth through an accelerated acquisitions and joint ventures strategy, and continuously fueling growth with current and future technology developments, including fundamental organic growth from the Company’s four business units – Digital Platform Solutions, Unmanned Aircraft Solutions, Advanced Lighting Solutions, Infrastructure Technology Solutions, targeting U.S. government agencies, commercial markets and international opportunities. 

Cyberlux 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. 

Cyberlux manufactures BrightEye Tactical Lighting Systems for various U.S. Government agencies including the U.S. Air Force, Air/Army National Guard, U. S. Special Operations Command (USSOCOM), U.S. Army and the Defense Logistics Agency customers. The Company has introduced LED solar street lighting product offerings with a full range of capabilities from 40 watt to 150 watts. The Cyberlux Solar All-In-One (SAIO) LED street lighting is available as Cyberlux SAIO-40 to SAIO-150. Cyberlux also introduced the Cyberlux Solar Power Systems solar power generation offerings, as the 300 watt Cyberlux SPS-300, the 370 watt Cyberlux SPS-370, and the top-of-the-line Cyberlux SPS-440, an industry-leading 440 watts of power production. Currently Cyberlux has pending contracts for 6200 units of the BrightEye Tactical Lighting System from various DoD agencies.    

Cyberlux has experienced rapid and enormous growth through acquisition. They moved into the drone space with the acquisition of CTMC Drone Solutions, LLC creating the foundation for the new Cyberlux drone business unit, FlightEye Drone Solutions. Going forward, FlightEye Drone Solutions will leverage its core technology capability to provide compact, next-generation military-grade UAS products and drone solution packages built around proprietary Cyberlux LED lighting, infrared night vision capability, thermal sensor technology, eye-in-the-sky monitoring capabilities, and LiDAR mapping and perception technologies. The business unit is immediately focused on existing Department of Defense (DoD) requirements and existing Broad Area Announcement (BAA) research and development opportunities, including geofencing capabilities, observe and monitor alert systems, collision avoidance capabilities, beyond-line-of-sight operations, urban area operations, operating system support for multiple drone operation and traffic management, and other critical priorities such as weight optimization and energy efficiency. 

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CYBL

On August 16 CYBL announced the Company achieved a record $8,305,823 in Revenue and a record $2,987,270 in Net Income for the Second Quarter of 2022. The Company also grew its Balance Sheet Assets to $14,377,018 with its successful organic growth and platform acquisition strategy for the period ended March 31, 2022. 

For the quarter ended June 30, 2022, Cyberlux grew its revenue by $2,058,370 to $8,305,823, an increase of 32.9 percent quarter-to-quarter when compared to the $6,247,453 revenue posted in first quarter 2022. Importantly, the Company also achieved a significant 240 percent increase in quarter-over-quarter net income growth, $2,987,270 versus $1,243,246. Additionally, Cyberlux overachieved its Revenue Plan for the first six months of 2022 by 29 percent, $14,553,276 versus $11,300,00, with very strong performances across the four Business Units, with Unmanned Aircraft Solutions beating the Plan by 68 percent, followed by the Digital Platform Solutions team overachieving by 36 percent, and the Infrastructure Technology Solutions team exceeding the Plan by 24 percent. Going forward, with the Company’s acquisition and organic growth strategy is continuing to accelerate, particularly with the project opportunity pipeline we have, the 2022 revenue outlook of $44.8 million will be achieved, and the Company is expected to generate a substantial positive net income from Operations for the year as well, to further the share buyback plan as previously announced. 

Cyberlux Corporation CEO Mark Schmidt stated: “For me, both Q2 2022 and the previous 12-month period results are remarkable. These past four quarters including Q1/Q2 2022 are by far the best four quarters the Company has every experienced, in both revenue and net income results. With revenues of over $8 million in Q2, after more than $6 million in Q1, our Operation Alpha continues to deliver results that beat all of our original plans in terms of fundamental growth and capability. With our revenue in Q2 2022 exceeding our Q2 Plan by 22%, and our YTD revenue results beating the YTD Plan by 29%, we really do have the opportunity to have a phenomenal, fantastic year. Perhaps the most impressive measurement to note is the Business Unit net income generation of over $4 million YTD January to June, with our Q2 net income of $2.99 million as the best quarter ever, fueling the growth engine the Business Units represent, fueling the new opportunities we have in front of us, and enabling new technology development, new product development and new market development, and let’s not forget the Share Buyback Program as well….Further, we have been engaged with the OTC Markets team and are rapidly reformatting the 12/31/2021 and 12/31/2020 Annual reports into their desired format. This will remove the restriction and get us back in forward trajectory ASAP. This has been a clear demonstration of some of our growth outstripping our team and I will be addressing this further. Going forward, Cyberlux Corporation is “Harnessing the Future”, driving operational growth with current and future technologies, through fundamental organic growth and through an accelerated acquisitions and joint ventures strategy, all fueling significant future growth. As the Company develops advanced technology products, we will identify core technology and product companies, and these companies will become the Cyberlux growth catalysts. As the results show, Cyberlux is building a global enterprise and developing into a leading technology growth company.” 

https://twitter.com/BigBullTrading/status/1565765396170285056

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Currently trading at a $60 million market valuation CYBL has 5,163,466,363 shares outstanding and 3,779,932,470 in the float. CYBL has been a big runner in the past skyrocketing from the subs to highs of $0.066 in September 2021 before coming back to current levels. CYBL is an exciting situation developing as the Company has experienced massive growth over the past year and with the Company’s acquisition and organic growth strategy continuing to accelerate, particularly with the project opportunity pipeline, the 2022 revenue outlook of $44.8 million will be achieved, and the Company is expected to generate a substantial positive net income from Operations for the year as well, to further the share buyback plan. Management has been hard at work getting their filings in order submitting their annual report on Friday which should get the Company back to “pink current” this coming week. They also moved the authorized shares from 20 billion down to 8.75 billion and enacted a $19.5 million share buyback during which they hope to acquire up to 20% of the OS. Recently CYBL announced the Company achieved a record $8,305,823 in Revenue and a record $2,987,270 in Net Income for the Second Quarter of 2022. The Company also grew its Balance Sheet Assets to $14,377,018 with its successful organic growth and platform acquisition strategy for the period ended March 31, 2022. Microcapdaily first reported on CYBL on July 11 when the stock was trading for well under a penny. 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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