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Monday, October 25, 2021

Cyberlux Corporation (OTC: CYBL) Powerful Run into Copper Land as (DoD) Contractor Enacts Major Share Reduction & Looks to go Pink Current

Cyberlux Corporation (OTC: CYBL) is making a powerful run up the charts after announcing they are getting their filings in order and moving to “pink current” status. The stock rocketed up into copper land on Friday emerging as a volume leader posting $5.7 million in dollar volume on Friday alone on more than half a billion shares traded. The stock is quickly becoming an investors favorite and is among the most actively searched and talked about stocks in small caps. Currently under heavy accumulation CYBL is looking to blaze a path along the likes of Tesoro or Enzolytics – Tesoro went to multi dollars – CYBL is in a blue-sky breakout!  

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. 

The 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. 

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CYBL

As stated in the shareholder letter dated June 25, 2021, once Cyberlux Corporation has gained its OTC Pink Current status, the Company will file the amendment to reduce its Authorized Share level. The Company has now finalized its strategic Authorized Share level and the current 20,000,000,000 (20 billion) Authorized Shares will be reduced by 11,250,000,000 (11.25 billion) to 8,750,000,000 (8.75 billion) Authorized Shares, a reduction of 56.25% overall. Management believes this will provide more than enough strategic equity to achieve the Company’s growth plans while protecting its shareholders from any unnecessary dilution. 

In addition, Cyberlux Corporation recently reported that its Outstanding Shares balance of 5,081,275,578 included 700,000,000 (700 million) phantom restricted shares from a transaction in 2014. These 700 million restricted shares were reported and confirmed lost in 2018 and will never be tradeable. Unfortunately, the process of removing these from the Outstanding Share level is impossible in this particular situation and going forward the Effective Outstanding Share level is 4,381,275,578. This is an important matter as it improves the equity valuation for shareholders by 16%. 

As a final update, the Company stated that it has now enacted a No Reverse Split Policy which will prevent CYBL from engaging in a reverse stock split for a period of up to 5 years. Cyberlux will make this policy amendment available to the public once it has achieved the OTC Pink Current status as part of the Company’s filings. The Company respects its shareholder base and intends to support shareholders with measures like this No Reverse Split Policy whenever possible. 

CEO Mark Schmidt stated: ‘With our strategic growth plan in place, we are now able to take action on the CYBL equity structure as we’ve intended. A reduction of the Authorized Share level by 56% is a significant action to help our shareholders accrue value in their positions while allowing the Company to have the means to execute our plans. 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.” 

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Cyberlux Corporation is making a powerful run up the charts after announcing they are getting their filings in order and moving to “pink current” status. The stock rocketed up into copper land on Friday emerging as a volume leader posting $5.7 million in dollar volume on Friday alone on more than half a billion shares traded. The stock is quickly becoming an investors favorite and is among the most actively searched and talked about stocks in small caps. Currently under heavy accumulation CYBL is looking to blaze a path along the likes of Tesoro or Enzolytics – Tesoro went to multi dollars – CYBL is in a blue-sky breakout! 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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