NIR, gets the shares from CYBL at a huge discount (40% of lowest pps in last 20 days). They sell them to the MM's for whatever they are willing to pay. The MM's sell to whoever is willing to buy. The MM's only need to sell a percentage of what they get from NIR to bank money.
IMO, my guess for reason MM's keep buying from NIR.

I was just watching for the outcome of the litigation. I already made the mistake with another company trapped by one of NIR's convertibles. In that case though, the shareholders were able to stop the share increase by vote. We'll see what happens.
Good luck to the shareholders here.

Yes, when Ribotsky/NIR buys in and gets screwed, their contract gets upheld in court and the private investor/shareholders get screwed by the dilution. What gives that group a rite to recover their investment and not us, the private investors without big money contracts and lawyers? That's the pitiful part of it all, the individual investor gets screwed because we have no power.
The only way to combat the convertible debt from NIR is to not buy into companies with the loans, check first.

NIR out of the way my arse. The NIR litigation is out of the way, is what he should have said. CYBL management is now NIR's beeotches !!

No long term prospects anymore. NIR has control. Now they need new pigeons to recover their money under the convertible notes.

If the company can't make payments on the convertible notes, then private investors will through the conversion process.

Calm before the storm?
I mean that in a positive way.

Take a look at the basher on Yahoo's board and look at his 500 posts, the companies he followed and what happened around the timing of his postings. I wouldn't make any decisions off it, but it's something interesting to look at whilst we sit here in the dark.
The Chinese New Year is next week. Lots of celebrating to do. Maybe something coming after that. It's the year of the Tiger.
Not much popping up for news, except for what's already been posted.

If you want to see the effect of a Ribotsky/NIR convertible, watch CYBL and look at their latest filings.

My condolences, you now know what The Ribotsky/NIR convertible notes do to small struggling companies.

Who's the holder of the convertible debt notes, NIR? They are asking to go from 100m to 300m AS to comply with the terms of the notes, investors should worry, as they will be paying off old debt with the shares they buy, and diluting the crap out of the stock, not funding new growth.
IMO

Fangshan District, appointed in 2009 by a letter summing up the region industrial work
??: ??: ????:2010-01-18 Source: Author: Release Time :2010-01-18

http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=zh-CN&tl=en&u=http://cache.baidu.com/c%3Fm%3D9f65cb4a8c8507ed4fece76310439c3e0e54f7336483914f68d4e41dce204c413037bfa67d644f5ace952f3b40f51214b0ab6a216b1e75eac79dc31d85fcda7278d472603756dd1d58884cf297137c927b8d5aebac1be5b9f3388eaad9d7c8542490155a2494b5d61a561bdd1f840341e4b19838022e61ad9d3b72fe296058943434c5508897251973%26p%3D9c73c40180904ead08e2977e5254%26user%3Dbaidu&rurl=translate.google.com&usg=ALkJrhiLyXLpmyP9UdiVNMfvoqtNtkxvLg

Thanks, I'll keep an eye open.
W

How did they get the shares without a vote or was there one?
BTW, I'm not looking to pump or bash here.

From their website.

PRESS RELEASES
January 5, 2010

Cyberlux Responds to Shareholder Inquiries

Dear Shareholders,

We are aware that many of you are curious about the specific settlement terms that led to the disposition of the Cyberlux and NIR Group, Ltd. lawsuit. While we are not at liberty to discuss specific settlement terms publicly, we are pleased with the outcome. We thank you, our shareholders, for your continued support.

January 05, 2010

I think this is all you will ever know. My guess is, it was favorable for Cyberlux, otherwise, why the hush?

Good luck with your stock.

Does anybody know what the resolution was with the Ribotsky/NIR litigation? Apparently Cyberlux had a convertible loan with them?
I'm in KWBT and we stopped a request to increase AS in order to keep NIR from converting and destroying pps. If Cyberlux has not stopped paying NIR with shares, you will get endless dilution and a pps near zero. Ribotsky/NIR destroy start up companies pps with convertible loans.

Anybody know if this is a similar situation here?

Resolution Between the NIR Group and Cyberlux
January 10th, 2010 at 7:59 am Corey Ribotsky, Cyberlux, NIR Group Corey Ribotsky, NIR Group
On January 5th Cyberlux Corporation announced that it has resolved it’s litigation with the NIR Group and its affiliates.

The Chairman of the NIR Group, Corey Ribotsky, explained that, “Litigation is a last resort for our family of funds. We are encouraged by the progress that Mr. Schmidt (CEO of Cyberlux) and the Cyberlux team have made and we support their efforts to develop Cyberlux’s business.”

Mark Schmidt, the Chief Executive Officer of Cyberlux remarked, “We are pleased to conclude the litigation. Cyberlux will now be able to devote its full resources to developing and marketing its state-of-the-art lighting solutions.”

Cyberlux is a major provider of LED lighting solutions and technologies.

They have definitely increased their marketing exposure from what I've seen searching. There are job ads. There are also other bio-tech websites that now have Kiwa's contact info. on them that weren't there a month or two ago. China's winter has been much like ours this year and it's not the peak season for fertilizer sales yet. I believe their sales revenue will be better than last quarter (which was better than the 2nd quarter), despite the above. The profit margins will increase as the market opens up more towards spring, according to China's fertilizer industry projections I've read.
Do your own due diligence and you may come to the same conclusion.

If they don't have money, how are they increasing their marketing exposure?
If they don't have money, how do they retain a lawyer in a lawsuit?
How are they hiring overhead, if they can't be paid?

We need Magnum P.I. on this !

sorry, that was just a quick blip.

The ask seems to be climbing (35x46)with almost no significant volume. Should we be expecting some kind of news?

I think that page changed since I seen it yesterday. The wording made reference to the 10 million they raised during the IPO and now it does not.

!! What's this about? !!

http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=zh-CN&tl=en&u=http://blog.sina.com.cn/s/blog_47ddd2940100gujn.html&rurl=translate.google.com&usg=ALkJrhghfgiGOVis0KHLosiCbEdnkgx0dQ

I think it's the drop in volume/trades lately. No demand=No turnover= no money to be made. My L2 is gone, so I haven't been watching, but I'd bet they'll be around if demand picks up.
IMO

I would think that any gov't. or private financing would be restricted in its' use, unless it was specifically stated and accepted to replace the convertible debt from NIR, hence the difficulty obtaining it.
IMO

I dunno yet, but here's a link of the news.

http://newsblaze.com/story/2009122813014100003.pz/topstory.html

"filed a lawsuit against Tianjin Challenge Feed"



http://www.hotstocked.com/8-k/kiwa-bio-tech-products-group-corporation-KWBT-261384.html

(B) bio-pharmaceutical industry. ?????????? Relying on Confucius Hall, San Li Tang, ???????,????????????????????,????????????,??????????? Quentin biological and other enterprises, focusing on development of bio-pharmaceuticals, bio-chemicals, bio-fertilizer industry, expanding the scale of strength of bio-pharmaceutical industry, and strive to create a bio-pharmaceutical base. ???????:???????????? Highlights of the project are: bio-engineering, bio-pharmaceutical projects.

http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=zh-CN&tl=en&u=http://cache.baidu.com/c%3Fm%3D9d78d513d9d431db4f9d93690c66c0176843f0682bd6a0020edf843ce0732a36501197af60624e0b89833a2516ae3a41f7b57337200357ffca9dcf1783e0852858d97b293657c4164e845ceedc46529261d24de8db42b1adf14490abd2%26p%3D9c759a44d29912a05fa8d3374a0d%26user%3Dbaidu&rurl=translate.google.com&usg=ALkJrhj1VL-vZrRebNQFFLLsdQwQNtr5LA

Top Brands

http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=zh-CN&tl=en&u=http://cache.baidu.com/c%3Fm%3D9d78d513d9d431db4f9d93690c66c0176843f0682bd6a0020edf843ce0732a36501197af60624e0b89833a2516ae3a41f7b57337200357fcdd98db17cabbe57972d73034074dda5c4e845cee9d1163927bce4de9d841a6f8e733e7f285969e4354be08536d81868d5c0617%26p%3D882a9244cc9e01bc10fcc771075f%26user%3Dbaidu&rurl=translate.google.com&usg=ALkJrhjOg5uJVRMiOvkNetiROkKvD0J83Q

They made no mention in the proxy statement that they needed to increase the authorized share amount to avoid bankruptcy.

Investment 3 million Quentin bio-fertilizer

(Posted: December 2, 2009 Author: Hai-Jiang Zhang Zhang Sheng)

http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=zh-CN&tl=en&u=http://cache.baidu.com/c%3Fm%3D9f65cb4a8c8507ed4fece763105790360e54f7357492955068d4e419ce3b46170f23bda67d685152ce84263a44b8492bb9b1746536777be18cc9fe4ed8b1866d72c8713b676cf25662d40eaebb5154b037e051feae69f0cbfb25e7ddc5a2a84324be%26p%3D9e49c54adc9a02f10be291645b%26user%3Dbaidu&rurl=translate.google.com&usg=ALkJrhiQI-GKHiOVSio0E07iQtWJmwNgGw

I would expect that they should also do this formally, not soley via 2nd/3rd party e-mails and IHUB boards.

The way I understood was that if you voted "withhold", you would have to show up to vote against as "against" wasn't an option. Is this some kind of way to supress "against" votes? Or, did Ribotsky have some say here so that he could threaten people that show up to vote against.

ditto on that.

Anything from Bob you care to share?
IMO, I don't think we'll have much of anything but the sound of crickets until the vote is near as far as trades go. Seems like the selling has subsided, but there are no new buyers. MM's won't drop (take loss on shares taken at a higher price). MM's won't raise bid either(cautious).
The anticipation of it all....

If you look at sales revenue the last two quarters from the two reports, you'll see the increase, and that was going into the winter season when sales are lowest. If you just read the last report, they only compare to '08, which looks bad. If the 4th quarter surpasses the third in sales revenue, I think that will be a really good sign things have/are improving.
IMO, the bottom has passed.

Judging by the increase in chatter and sales info. about Kiwa, their products and direction on the web, I would assume their marketing has increased substantially in the last couple of months. That should bring in more and more sales revenue as we head towards spring. OS is maxxed out, so I wouldn't expect Kiwa to dump money on a direct press release about anything. There's no incoming capital from zero shares to sell. Their money is better spent on product marketing right now.
IMO

Anyone have a clue what the deal is with the 5000 share trades. I see them a lot. Something between the MM's or is that a commission trade?

Farmers demand new fertilizer products

http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=zh-CN&tl=en&u=http://www.ampcn.com/news/content.asp%3Fnewsid%3D55876&rurl=translate.google.com&usg=ALkJrhhzQcy34o1VF7dxNMHWiduqbJlPXw

Is it a simple majority that decides the vote or some other F'd up deal that gives more power to the board?

You would think they would at least acknowledge events like this on their website and be proactive about it, since they've supposedly hired some IT help.

School-enterprise cooperation develop new bio-fertilizer
«???????»( 2009?12?14? ? 05?) "People's Daily Overseas Edition" (December 14, 2009 No. 05 Edition)
???(????)??????????????????????????,??????????????——Ph-BC(?????????)? Newspaper (Xinhua Xiong Jian) Quentin Bio Group, in cooperation with the China Agricultural University, recently launched the first phase of bio-engineering, co-developed a new bio-fertilizer - Ph-BC (photosynthesis biological catalyst). ????:Ph-BC?????????(??????????)?????10%—15%????,?????????(????????A?B?C),?????????????? Results show that: Ph-BC products can make all kinds of crops (including fruits and a variety of plants, etc.) production increased by 10% -15% or more, and can improve crop quality (contains more vitamins A, B, C ), so that various types of fruits and vegetables taste better.

http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=zh-CN&tl=en&u=http://paper.people.com.cn/rmrbhwb/html/2009-12/14/content_404446.htm&rurl=translate.google.com&usg=ALkJrhhH1MSdp8Cu6mGRF9DjsDfSHTAD5g