Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hope all's well with you. What makes you think that after all these disappointments?. I'm thinking about jumping in.
re: OKSI, CYBl's new partner, They've been in business 30 years and have received 400+ contracts!!
Here's 7/23/24 news on the $6 million just awarded.
I must say with partners like OKSI and acquisitions like Datron, I don't understand how OTC can wait much longer to remove the CE.
SEARCH …
OKSI Awarded USSOCOM and AFRL Contracts for Precision Guidance Seeker for Munitions
Mary Emmerson
July 23, 2024
LOS ANGELES, July 23, 2024 /PRNewswire/ — OKSI has been awarded multiple contracts totaling nearly $6 million from USSOCOM and the Air Force Research Laboratory (AFRL) for their ARMGDN seeker. ARMGDN is a capability enhancement to BAE Systems’ APKWS® laser-guidance kit, providing passive target acquisition and tracking for precision engagements. APKWS is a guidance kit for the 2.75 inch Hydra-70 rocket. Together, the APKWS with OKSI’s ARMDGN seeker will facilitate rapid engagements of multiple air or ground targets via ripple fire of multiple precision- guided rockets in rapid succession.
OKSI’s ARMGDN provides DoD with a low-cost precision-guided munition designed to defeat small drones and other unmanned systems. Warfare is on the brink of a major paradigm shift where low-cost robotic systems, UXS, and swarm tactics are an imminent threat and will be used to overwhelm and confuse the opposition. ARMGDN enables rapid engagement of multiple threats simultaneously to thin out swarms and protect personnel and equipment.
“The ARMGDN seeker transforms our defense strategy from a costly war of attrition to a cost-effective campaign of precision,” says Chris HolmesParker, CEO, OKSI. “By harnessing existing rocket inventories, it dramatically cuts the expense of countering UAS threats, aligning our expenditures nearly 1:1 with the drones they counter. This shift from deploying prohibitively expensive munitions to utilizing ARMGDN’s affordable capabilities marks a pivotal move towards sustaining our defense without the economic strain.”
OKSI’s ARMGDN seeker is designed to accommodate a variety of warhead configurations for both a standard air to ground armor defeat capability as well as hard kill of UAS threats. OKSI’s advanced seeker technologies brings not only a new, impressive capability to bear, but also keeps the overall system’s cost at or below the cost of the targets it is designed to defeat.
About OKSI
OKSI is a team of pioneers with over 30 years developing and fielding custom EO/IR sensors within integrated AI/ML. They have taken AI and revolutionized its application into life as we know it – from augmenting human decision making to true system autonomy – on the battlefield, into deep space, and within the depths of the ocean. Their autonomous and intelligent solutions rapidly analyze, identify, and communicate actionable insights, enabling critical decision making, action prioritization, and outcome optimization. OKSI stands alongside the warfighter delivering novel technologies to fill capability gaps and provide them overmatch where and when they need it most.
OKSI is a privately held small business headquartered in Los Angeles, California. Learn more at www.oksi.ai
LinkedIn: www.linkedin.com/company/oksi-ai
WHAT WE DO
Defense
Aerospace
Environmental Sensing
News & Events
WHO WE ARE
About
Leadership
Careers
CONTACT US
Connect:
©2023 OKSI. All Rights Reserved.
Archives
Hi aandt,
Hope all's well with you .Greetings from the past and hellos to Snow and RD, fellow-travelers from the BDCO days. I've been out of Herb for some time now ,but checking in occasionally, as it looks like a possible Lottery Ticket item, if it ever hits.
I remember those heady days back in March when some posters were quite confident that dividends would be paid. Alas, another OTC pinkie story.
So, if I might ask you a question, how confident are you in this stock appreciating dramatically and what kind of time frame are you thinking about.
If you read some recent posts, there have been lots of promising company developments. Getting the CE removed by the OTC still looks to me like a LOTTERY PICK!!! Going on almost 2 years since it was first placed by the OTC. Until it's removed, we're screwed.
I'll stick around till Dec. to see what happens.
Continued U.S. support for Ukraine!!!
A new Democratic Presidential candidate will surely continue Biden's support for Ukraine and its valiant battle against a Putinesque, dictatorial, mass-killing, human rights-violating, and imperial- expansionist regime .That SOB has been bombing hospitals and schools for many years prior to his current actions in Ukraine as well.
Finally, some good news for believers in democracy and CYBL with their drones, is part of this battle.
As someone just said: "There's only one old guy in the race now!!!" It's a new day in the USA.
Sorry wrong board. My bad
Continued U.S. support for Ukraine!!!
A new Democratic Presidential candidate will surely continue Biden's support for Ukraine and its valiant battle against a Putinesque, dictatorial, mass-killing, human rights-violating, and imperial- expansionist regime .That SOB has been bombing hospitals and schools for many years prior to his current actions in Ukraine as well.
Finally, some good news for believers in democracy and CYBL with their drones, is part of this battle.
As someone just said: "There's only one old guy in the race now!!!" It's a new day in the USA.
Can you clarify what your point is?
Great update. Thanks. Some pretty impressive companies on that list!!!
Lots of good news moving us to the end zone. Let's hope we soon see some progress on the touchdown from the OTC--CE Removal, Then, we could see some explosive share price moves.
Great news. When you click on your post it shows the contract is .$1.4 million .
Thanks
Are you optimistic that we've now entered the final phase of this CE removal process? If not, what else remains to be done.
Question for the board regarding Rosen/CEO Schmidt
As recently as a few months ago Brett Rosen, CYBL's main financier, was interviewed on the Buffalo Fireside Chats site and said he thought CYBL was going to be THE OTC STOCK OF THE YEAR!!!
And yet more recently he was Tweeting about the need for shareholder lawsuits against CYBL.
What's going on?
Of course, I sure hope you're right. The glacial pace of this 2 year long process process, however, has me viewing it now as about as likely as a Lottery pick. I'll hang around till Dec. to see if anything changes since there's no point in selling right now.
Where are we now?
Seems to me after 2 years of waiting for the CE removal, that the only way now to view this is as either a Lottery Pick or a Powerball play. After taking 3 months to Amend a deficient company tax filing, I don't think we can have any solid expectations about the CE removal,
Just sayin.
Anyone with a more hopeful scenario?
Don't mean to be a Frowning Freddy, but it would be nice if they published a note they saying they were privileged to support their long-suffering shareholders and were doing everything possible to remove the CE.
Just sayin.
Happy 4th to all
Great news. So, how has that affected your thinking about the timeframe(if any!!!) for the CE removal?
Your long-suffering co-shareholder
Recent Attorney Letter:
I agree that it looks like a positive step, or why file it all? The mystery is why it's taken almost 3 months to file this and what it means in terms of the time-frame for CE removal. Are we now looking perhaps at another 3-4 months of uncertainty before a CE decision?
I don't know much about complicated legal issues, but it appears that Schmidt's record-keeping on important accounting issues has been an absolute debacle .He shouldn't be allowed anywhere near the financial records dept.!!!
Perhaps the fat lady has halted her walk towards the mike.
Comments welcome.
"It aint over till the fat lady sings", but she sure seems to be moving towards the mike!!!
Looks like there's very little optimism/enthusiasm here right now. Buffalo Fire Chats on You Tube Sunday 6/23 had some very critical --and perhaps much deserved--words about Schmidt's inability to get the CE removed.
Comments welcome
You posted this on 4/1 before the Attorney Letter was filed on4/4. Ten weeks have passed since then. Are you still optimistic the CE will be removed? I'm hoping the personnel changes you just posted are suggestive of positives to come.
"Just need Attorney Letter and, hopefully, CE removal shortly after AL is filed."
Shareholders are lucky if they get .10 on the dollar in most class action lawsuits. It's the lawyers who walk away rich!!
Nothing to do here but wait and hopefully have some gains elsewhere that can be used to write-off this pathetic loss. Leadership is truly disgraceful here in their silence towards shareholders.
Where we are now:
Given the 18 months of the CE and the almost 10 weeks since the CYBL Attorney's letter of 4/4 asking the OTC to remove the CE, a very dark cloud still hangs over the stock and every negative post gets some traction because there's nothing verifiable and substantial to counter it.
So our fate here, as always, rests with the CE label and its possible removal. Will Schmidt, the CEO, come though for the common shareholders? Who knows?
And who should we call at HI and what should we ask them? Seems like you're afraid of publicly stating the claims you're making about supposed "material events."
If you know about that material event, why don't you indicate it here? Why beat around the bush?
You're making some very huge claims here. If you're gonna act ethically here, you need to provide some evidence for such claims.
As the old saying goes," If this aint a freakin hot mess, it will do until the real one comes along."
Still not clear on what all this means for the CE removal, although I'm guessing, as always, not good.
Any thoughts on all this????
Where can one find info on this case? Is saying a negative judgment has just been issued against CYBL?
The silence of management on the CE issue is really disgraceful. And that certainly contributes to the mood of hopelessness on this Board, despite all the good moves the Company seems to be making in the contract area.
Great news. Got anything even the least bit optimistic on the CE removal????
Thanks much for the info. I'm here until at least 12/31, so I'm hoping it's removed before then. With the contract network they've got, I could see this running into, at the least, the .10+ range.
Why so long, though--9weeks now--for the OTC to act on the most recent financial filings?
Great to hear that. What makes you so optimistic? I'm guessing by your UAS-Pro name that you've got some expertise in the drone area?
Been here for almost 2 years watching this play out.
CE Removal Timeline: Now 60 days( almost 9 weeks) since CCYBL's Attorney Letter of 4/4 asking OTC to remove the CE.
Anyone confident this will happen in our lifetimes?
Why do you think Rosen is now tweeting about the need for a shareholders lawsuit against CYBL?
As usual, clear as mud!!!!
Re: Brett Rosen
A few short months ago Rosen appeared on one of those Buffalo Fireside Chat interviews and said he thought CYBL was going to be "The Stock" of the year.
And now he's telling us to file a lawsuit against CYBL!!!. Stock is an absolute disaster when its main financier--$3million+--does this kind of stuff.
Comments welcome.
I thought the recent Annual report filing and the Q1 2024 filing were in compliance with the OTC.
totally confused, .but certainly not surprised by these happenings
That's true, but it's now been almost 2 months since the 4/4 Attorney Letter and we've heard nothing.
What kind of time frame are you operating with here in terms of the CE removal?
That may be. BUT: They have documented $78 million already awarded in DoD drone contracts for Ukraine; and the latest Q shows $10 million in global-based contracts for Q! 2024. In addition, OTC recently did allow them to start submitting financial reports and that's a major change from before. How many pink sheet stocks can claim those kinds of documented revenues???
Whatever else is going on here is a giant black box and the Market appears to have little confidence that the CE will be removed. So, I'm not holding my breath. Clearly Schmidt's earlier actions over the years appears to have badly damaged his standing with the OTC.
High volume and shares plummeting. Not a good sign.
Anyone know anything?
It's now 47 days--almost 7 weeks-- since CYBL's Attorney Letter on April 4 asking the OTC to remove the CE.
Hate to say it, but it looks like The Crazies are winning here.