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It did a 10:1 split so it actually up more. You may be new to investing.
Echo…
Echo….
Echo…
How a Penny-Stock Company Sold the Pentagon on Small Drones for Ukraine
Cyberlux Corp., a penny-stock company traded on the over-the-counter market, recently made a foray into drone production and had pitched the Pentagon for Ukraine business without luck.
So executives with the North Carolina lighting company decided to cut through the U.S. military’s red tape and take its product directly to the Ukrainians.
In July, Cyberlux Chief Executive Mark Schmidt raced to Kyiv under military escort with a modified movie-production drone he hoped could help Ukraine’s military repel the Russian invasion.
Now, eight months later, the Pentagon appears set to buy the Cyberlux K8 and deliver the machinery to Ukraine.
“We’re a virus that’s inside the body of DOD,” said Mr. Schmidt of the company’s path to the Pentagon, referring to the Department of Defense. “We’re either going to influence the way they do things in the future, or be ejected from the body.”
Cyberlux showed how its K8 drone operated during its CEO’s trip to Ukraine last year.
“It’s very hard for our bureaucratic system to look past what it knows best, which are programs of record,” said Jon Gruen, Fortem’s CEO, referring to the Pentagon’s method of buying technology as part of a long-term budgeting cycle.
Cyberlux took a different angle, via a U.S. drone expert. The expert connected Cyberlux with senior officials in Kyiv, according to Mr. Schmidt, and in July, he traveled to Poland and crossed the border into Ukraine.
At a testing ground outside the capital, Cyberlux demonstrated its drone to Ukrainian officials, including Gen. Valeriy Zaluzhny, the commander in chief of the country’s armed forces.
The Cyberlux K8 zipped across a field toward a static armored personnel carrier, trailed by another drone fitted with a video camera that captured the explosion as the drone made contact with the vehicle and relayed the footage to a screen visible to the soldiers and officials present.
Gen. Valeriy Zaluzhny, the commander in chief of the Ukrainian armed forces, here at a February event in Kyiv, Ukraine, attended Cyberlux’s drone presentation last summer.
Following the demonstrations, Ukrainian Deputy Defense Minister Denys Sharapov, in a letter reviewed by The Wall Street Journal, requested 1,000 K8 drones from the U.S. European Command.
The Pentagon assigned Ukraine’s Cyberlux request to the Naval Air Systems Command, which works with airborne-weapons systems, including drones, according to a Defense Department spokesman.
In November, the naval command paired Cyberlux [color=red][/color]with Huntington Ingalls Industries Inc., a Virginia shipbuilder that already has extensive contracts with the Pentagon, Mr. Schmidt said. Working with an established company allowed Cyberlux to bypass the months or years it might take for a small firm to break through military-procurement bureaucracy, which requires many layers of approvals and voluminous documentation.
I posted a response and wanted to delete it but I could not find a delete option.
How do you delete a post?
Never mind. I just found the answer:
How do I delete a message?
Users cannot delete a message unless they are a Moderator on the board.
Am I rich yet?
You should sell and get out. Youre bad for the company.
ERHC to mine for Mercurian Crystals:
To be disclosed August 2021!
You will be rich but you have to be able to endure the naysayers who will sound right. This is the future. People don’t go to brick and mortar stores much anymore. The stats indicate that only 9% of shopping is done online right now. It’s not gonna decrease. Shop hasn’t even gone international yet. They just signed a deal with DHL to ship international.
Rough roads ahead but stay with it. You can buy me a vacation condo in Costa Rica with your profits someday.
Sloth
You are wrong. Shop doesn’t have a lot of comp. It has peers that can’t touch it. This stock could climb 1000%. It’s got incredible potential. That’s why Motley Fool and others are touting it as the next Amazon. Amazon didn’t want to compete and became a customer instead. eBay too.
I can’t really believe that anyone here thinks they can get their money back or make money.
I put some money in based on people I respect but this thing is done. Hopefully, this board won’t be here in 5 years talking about the same things.
GL,
Sloth
I guess it’s just from when they were called Probe Manufacturing Inc.
Unless that name still exists, it’s a bit confusing.
Hopefully, those things get updated if it is, in fact, old info.
Sloth
Under manufacturing on CETY’s website, it has a Manufacturing.
What is PMI? Is that a subsidiary?
Manufacturing
Capabilities
Flexibility, responsiveness, communication, global supply chain management and speed are key values in what we offer our start-ups, innovators and VC backed companies. We establish clear communication about our customer needs and requirement enabling a seamless integration with their objectives and processes. PMI’s manufacturing capability supports high and low-mix assemblies products, to medium-volume quantities in the U.S. and high-volume production in Asia.
Manufacturing services include:
Analysis of your design for Manufacturability and Testability
Process Development
Product Data Management
New Product Introduction (NPI) Services
Materials Management
RoHS Compliance
Pre-production and volume production
Printed circuit Assembly and Test
Cable & Harness Assembly and Test
Mechanical Assembly & Box Build
Injection Molding
Systems Assembly and Test
Complex Systems Integration
End-to-End Traceability
PMI’s customer centric management team ensures delivering of a quality product in a timely manner and at a competitive price.
Global Manufacturing services:
North America Operations
Printed Circuit Board Assembly
Cables and Harness Assembly
Box Build and System Integration
Asia Operations
Sheet Metal – West Shanghai
Plastics – Hangzhou (Mid Volume)
Plastics – Shenzhen (High Volume)
PCB Fabrication – Kunshan
High Volume PCB Assembly – Suzhou
Facility
World Class Manufacturing Facilities
Secured and Climate Controlled
ESD Controlled
This is exciting to me:
Clean Energy Technologies, Inc. (CETY) announced today that it has secured $420,000 in common stock venture financing at $.04 per share to capitalize on the international market expansion of CETY subsidiary Clean Energy HRS LLC's Clean Cycle™ ORC heat recovery steam generator. The investment was made by Cybernaut Zfounder Ventures LLC's Cyberfuture One LP fund.
The investment in CETY will support the international market expansion of the Clean Cycle™ products, including pursuant to CETY's memorandum of understanding entered into in October 2016 with Mr. Bairui Tu, principal of China-based BR Energy. The MOU lays the foundation for a China-based joint venture to manufacture and commercialize the Clean Cycle™ products in the People's Republic of China, the development of a commercial-scale manufacturing production facility in China to manufacture the products, and the planned distribution and sales of the Clean Cycle™ products in China.
I know this is older news but for a new investor it’s a big fundamental.
On the other hand, the Trump administration is just destroying any incentives to upgrade old systems with green technology.
GL,
Sloth
Not that anyone cares about my trading but I bought in yesterday at .021
I like that they are reporting
I like that they are a green company
I like that they have intelligent executives
I like that the stock is only 2c
I like that their business is beginning to get noticed
I like other things but I gotta go.
Sloth
I think once it rolls over at $1000, you can catch it at $193 again.
You may get a chance. Lot's of external factors in the world that can cause havoc.
GL,
Sloth
Go Canucks.
The brakes felt a little soft eh!
Thanks. I was looking on Edgar and it didn't recognize the symbol or name.
Shouldn't it be listed there too?
Have they said anything about filing financials in the past. It would be huge boost if they started reporting.
TIA
Sloth
Don't think I'm gonna make it down to company plant on Friday.
I'm moving and selling lots of my stuff so can't really take the day to go tour it. I have to sell my car too and for anyone who's tried to sell stuff online, it's tough to connect with serious buyers.
Sorry for getting anyone's hopes up. This moving is kicking my arse.
Sloth
I do too. I have limited funds and decided to try a new pastures. It's been green but so has STM.
Green is good.
Disastrous situation. Very unfortunate for investors which includes me. There really should be better regulation of public companies. Not only is there little regulation but when investors file complaints, it falls on deaf ears. The only way is to get law enforcement involved.
Where's Baretta when you need him.
I should have kept the contact info of the FBI agent that contacted me. about that Plasticon stock. He was a go-getter to prosecute these thieves.
I sold my STM a little while ago but very happy for longs here. It's a great company.
Good luck longs.
There has got to be investors here that are planning on a lawsuit with all the money that was stolen. I know it's a very difficult task but people have got to be pissed.
I lost money in a company called Plasticon that made a plastic rebar for cement. The PRs were very promising and exciting about their future. Unfortunately, the were fake.
The CEO, Jim Turek is in jail now. One of the rare cases of prosecution. The SEC needs teeth. They can't do anything to these scammers.
Great questions. I'm in the process of moving so I'm gonna try to go. I spoke Kam on the phone and he was eager to share info with me. I think he's going to show me around.
I'll check in next week.
I live in SoCal. Thinking about investing here. Spoke with Kam Mahdi, CEO and may set up a tour of the facility next Friday. I'm moving so I'm gonna try to fit it in. It's about an hour and a half away.
Anyone dying to ask a specific question. Maybe I can sit down with him for a bit and ask.
I don't know many details about CETY so many here probably have way more background story and understanding of issues and concerns.
Don't you mean rowing into a recently vacated office.
I can't believe this thing is still trading. My money was gone months ago.
I guess it's all butterflies & zebras & moonbeam & fairytales. That's all this board ever thinks about.
Hope everyone makes their money back here.
So what you're saying is...They deserve their salaries.
I'm sure we missed some enlightening information.
WHAT A DISASTER!! It's literally hemorrhaging assets.
Honestly, I used to get exhausted reading your posts reading the same things but you are right about my sentiment as a long here for the most part.
This stock used to trade at respectable levels but obviously there is something really wrong here and the truth is being concealed. I would love to have the confidence to buy more and selling is not an option since the stock is near worthless.
Longs who have invested over a period of time are trapped. The only hope is if you're a bottom feeder hoping for an uptick and the ability to unload them on another gambler thinking the same thing with a slightly higher share price.
We need a miracle for this to pan out as an investment. Flippers have a bit more hope.
Long story short, many longs are sick and tired of this B.S.
Sloth
The Irish were lucky to get by Princeton yesterday so maybe the luck is flowing.
Sloth
Does the company do the manufacturing in California at the Cahuenga listed address. It doesn't look like a manufacturing plant. I used to work near there years ago.
I wouldn't mind going and seeing it if it's where they manufacture.
Sloth
Don't forget about reminding people about the crooks who run this junk pile.
I have more hope to hit the Powerball numbers than I do in this stock making me money.
But those are only the facts not the dream of a stock skyrocketing even though it's 5.99999 feet under ground.
I only lost a little here but many lost a lot. This stock, as you have pointed out, had a ton of promise and all that has been squashed multiple times.
Can it occur again? Sure, there's new believers each day or maybe they are just paid promoters to keep it alive so some can make their money they were promised no matter at what price.
TO THE MOON. lol
Sloth
As long as you're not dry from the divorce. Hope it works out.
Best of luck,
Sloth
And that's just through December of last year. The dilution has been enormous since then... no doubt.
Sloth
oh jeez the promoters are back in.
my Unicorn, Ricky, has been accumulating shares. He should be a majority shareholder soon. He can turn this POS around.
I'm sure of it.