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Keep in mind this VERY POSITIVE DEVELOPMENT, noted by SLM in a post on 3/29/24: There's no reason for OTC to allow these financial filings if there wasn't a chance for them to remove the CE .
SuperLogisticsMan
Re: None
Friday, March 29, 2024 11:04:17 PM
Post#
43396
of 43517
Major, major step forward. OTCM allowing financial filings to be posted. Next Q4 on Monday. Then CE comes off.
Have never seen any data on that
Timeline for Days Since Attorney's Letter to OTC(4/4/24) Asking for CE Removal:
13 days
Guess you're right. Don't know why I keep deluding myself into thinking there may be a different answer. Just 16 months of endless frustration with a company with $105 million in documented contracts and a sub-penny price!!!
Any guesses as to the time frame for the OTC to respond the attorney's request for CE removal on 4/4?
Something good happening??
Volume is 3.6 million at 9.52 am, very high for that early time. Perhaps positive CE news is leaking??
As always, just hoping.
CE Removal?
OTC received the Attorney's letter requesting CE removal on 4/4. Anyone have any factual knowledge as to how long it might take for them to respond?
The Visitors from Outer Space are back. May be a good signs something major is about to happen!!!
No connection with him. Just sick of reading your nonsensical, egomaniacal shit. Very easy solution--you're now on ignore
You need to sell on move on ASAP . Why hang around if you see an inevitable disaster.? Or get some mental help and relax.
Jesus, how many times do we have to read this shit!! You need some serious help ,man and I hope you've got shrink near your Asian apartment.. Just let it go and move on, ok.
Very important. Thanks for highlighting that. That's the first public request for CE removal that we've seen here.
I think we're about to turn a major corner here. I don't think it's beyond reason to believe that this stock could easily reach the.25 range, especially with news about a major share buy back and/or new DOD or foreign contracts.
It's been a maddening 15 months but I'm glad I stuck around.
I'm guessing it's daytraders who are only interested in quick, daily profits and never consider the long term prospects of a stock which, for most pinkies ,is pretty dismal.
This stock, though, has $105 million in reported revenues and could easily run to .10+ once the CE is lifted. Over the past year, the company has also talked about buying back almost 2 billion shares, which could also jettison the share price if it actually occurs.
As always, everything here depends on the CE removal and it looks like real progress is occurring in the area. And, like a broken clock, perhaps Rosen at long last will be proven right twice a day
Re: CEO Schmidt's comment on $105 million in BOOKED REVENUE--Wowie Zowie!!!
How many of the 10,000 or so pink sheet stocks event generate $10 million in booked revenues? I would guess less than 10%--.maybe 20% at most.
With the CE removed this stock could easily run to .25+
Comments welcome.
Hard to argue with that possibility, given the incompetence and clown show-like performance of this stock over the past 2 years or so.
Countering that argument, however, is the fact that they have hired a very reputable law firm with much experience in OTC matters ,and the OTC has recently changed CYBL's status to where they're now able to submit financial forms for review--something not available to them for many months now.
So, it's a more mixed bag than you present, although I'm certainly not holding my breath here, after 15 months of this farce, along with Rosen's truly pathetic track record here. And those Buffalo Fireside Chats are an absolute junior high school-like production, rarely yielding any accurate, helpful info on the company.
In conclusion, "It aint over till the fat lady sings" and while she's walking towards the mic, she aint there yet!!!
Probably not selling until years-end. Hoping we see some movement on the CE by then. With current contracts alone, and the Daytron acquisition, this stock could move to at least.05-.10+
Rosen in one his recent interviews mentioned that if it ever got to .25 there could be a 1-20 RS and an uplift to NASDAQ. Unfortunately his comments on this stock have a real ugly track record over the last 2 years, so take all that with a grain of salt.
Kind of incredible that a guy who's given CYBL several million $$$ never has an accurate clue as to what is going on here.
Just a totally maddening, frustrating scene over the last 2 years,
So, I'm just watchin and waitin for Godot. How about you. What do you see happening here?
Breaking News: New BuffaloFireside Chat on You Tube, Thurs. March 7 with Brett Rosen on CYBL
BFC LIVE w/Brett Rosen OPTI STOCK | CYBL STOCK | FLES STOCK | ILUS STOCK
Scheduled for 3/7/24, 7:00?PM
Re: David Farca
More great info. Here's Farca's Website. A very impressive addition to CYBL CyBL looks like it's approaching the rocket-launch stage. Getting exciting here,
https://davidfarca.com/
Once again, thanks for the info. CYBL now looks very serious about settling and moving on from the CE fiasco.
See Attorney Clarke's Company's expertise: Scroll down to view my highlighted item: Regulatory Compliance, which is what the CE issue is all about.
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Thanks much. I'm feeling that we're at a turning point here given the company's new, aggressive public communications posture.
Perhaps the share price may start responding to all these events. Certainly augurs well for the CE removal, hopefully in the near future.
Comments welcome.
Trying to remain positive for the long run here. With the Datron acquisition and some new contracts, this could easily run to .05-.10+. In that last interview Rosen even mentioned a price of.25 once the CE comes off. With more contracts, that could easily happen.
So, nuttin to do here but sit and wait.
I agree the timeline here is maddeningly frustrating, but their statement that they've been invited to re-apply is, I believe, very significant:.
"At this time, Cyberlux has been invited to re-apply to the OTC News and Information Services. This is the initial step to our resuming uploading annual and quarterly reports and news, and subsequently seeking to regain Pink Current status, and thereafter to seek removal of the CE warning."
Thanks missed this. I think it's very important that this is the first official communication from CYBL in over a year publicly commenting on the CE situation.
Very encouraging, Although the time frame here is still very uncertain, at least we know that important things are in process.
Always good for some "Alice in Wonderland" humor, though!!!
No I haven't sold anything yet. I'm waiting until at least Dec. to see if the CE is removed.
Given the previous $78 million contract and many expected new ones, this stock could easily reach .05-.10 or more if the CE is removed.
So, as maddeningly frustrating as this company has been, I don't want to sell for a big loss right now.
How about you? What do you see as the prospects here and any timeline for the CE removal?
If I recall that FiresideChat interview correctly, he said lawyers were working on the CE, not that litigation was happening. I think that's an important difference.
Hope you're right about that. Any evidence t support it?
Great info. Do you think we'll ever hear from the company on the CE removal? Strikes me as quite outrageous treatment of shareholders. No official word from the CEO on this for over a year!!!
None of us have the slightest clue as to what is happening here.
The company appears to be making progress on many fronts and Rosen's enthusiasm is encouraging. The only problem with that, however, is that his past track record here leaves much to be desired.
Nuttin we can but hope and wait.
Thanks for the info. Sure love Rosen's optimism on this: He's gotta have some basis for a statement like that. And given his close involvement with the company, one has to pay serious attention here Only wish his track record on earlier predictions was more accurate.
[b"]$CYBL is going to shock the world!"
Re: The Uniqueness of CYBL???
Has anyone ever seen another pinky stock with this much potential, and documented revenues, that simply can't get a CE removed after 14 months? anyone know of anything concrete and positive in the works here?
Comments welcome
You're absolutely right. Shareholders don't matter at all here. He'll get to us when he feels like it. No sense of public responsibility at all. Makes sense to what till December, though, to see how it plays out before taking one's losses.
What can one say about all this? Just despicable treatment of shareholders. Company seems to be progressing on many fronts but no info for us on the CE situation for a year now.
Re: Sad Anniversary Day for CYBL
Today is 14 months since the CE was first applied on 12/9/22. Things are looking good for the company in general. The only ones doing badly here are the long-suffering shareholders.
No choice but to keep hoping something changes with the lawyers working on this. If not, one can always sell by Dec. for a tax-loss write-off.
Thanks. Looks like good news.
Breaking News Today: Drones Playing Major Role in Ukraine. Let's hope CYBL is involved here.
https://www.yahoo.com/news/pro-kremlin-supporters-fuming-footage-170108245.html
I agree. The lawyer is our only hope here. May very well be a lot of bad blood between the CEO and OTC Markets folks.
With the DOD contract and the Datron acquisition, if the CE ever comes of shares could do quite well
Yes, the CEO and his atrocious judgment caused all this crap. He appointed that lawyer in N.C. that got the CE label applied on 12/9/23.
He's got lots of "splaining" to do along with amends to the long -suffering shareholders here. At any rate, I'm not holding my breath expecting any share-holder friendly action here in the near future.
And the idea that an investor like Rosen, with several millions dropped here and frequent contact with the CEO, knows nothing about the CE situation, strikes me as totally absurd.
Re: Rosen's quip about an RS of 1-20 at .25
If the stock price ever reached .25 and the company has revenues over $100 million, I think an RS and uplist to NASDAQ @ $5.00 might be helpful for the continuing upward trajectory of the share price. It could easily move into the $10 plus range on NASDAQ while avoiding all the trauma of these stinky pinkies.
At any rate, with the current CE were just in fantasyland on all this.
Pretty good price move and volume today So maybe somebody knows somtin good.
If this CE was removed, it's quite possible that the stock could move into the .05-.10 range very quickly.
In a BuffaloFiresideChat back on 11/30, if I remember correctly, Rosen mentioned that if the stock got to .25 CYBL might do a 1 for 20 or so reverse split to make the stock price sufficient to qualify for NASDAQ uplisting ($5..00)!!!
So, the potential here is enormous, but we can't get any movement from the OTC or info from the company.