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No one in their right mind would release information about a pending lawsuit. That is idiotic.
One question that I have is why the stupid government came out last week and told everyone that it was all good only to turn around and tell us this week that it will be delayed 3 years and the software didn't work. WTF??
No one knows because no one has been told anything. It would be nice to get some communication from the company on what exactly the lighting towers were to be used for. I guess we can just forget about the Boeing deal for now. What we need to send this upward through the technical resistance is some news that is unexpected. Hopefully that licensing deal pans out.
I don't think it will hurt us that bad. At least the lighting has nothing to do with the crappy software that Boeing provided. We may still get those orders soon anyway. Regardless, that news about the fence kind of sucks but McQ got their contract announcement the other day so we may still get it soon. The delays in the software should not have that much to do with providing lighting along the borders.
Nice. Isn't it your bedtime?
Because you say that toxic funding is what is driving the price down but there has only been 200,000 shares added to the OS since September throughout all those prs. The price went down because traders are selling based on technicals.
Whatever.
Actually, it tried to get filled and did not. I doubt that it will get filled.
Looks like that gap needed to be addressed.
The future of lighting.
Well, it won't be flourescents. Looks like it will have to be LEDs.
http://www.thebostonchannel.com/health/15411553/detail.html
We were up several days in a row. A retrace is to be expected. If we can just get over that .032 hump and stay there I think that will become the new support.
What are you guys talking about? Why all the pessimism all the sudden. I expect much more than the .04's in three months. Technically, this is looking to blow up.
I disagree. I think technicals alone push this one up.
No. Not all gaps get filled and I don't see this one getting filled any time soon.
This is bullish regardless. But it would be nice.
Its on.
If we can get this .032 resistance out of the way we will be good to go. "Tear down that wall!"
These newbies come on here and blabber nonsense. I don't get it.
Ok. I did not understand. Thanks for the explanation.
Noticed this posted on yahoo board. I have never noticed this either. Did any of you guys notice this?
William Blair & Company reported 2,400,000 shares ownership on Dec. 31st, 2007. That is always a good sign when institutions are buying.
TOP INSTITUTIONAL HOLDERS
Holder Shares % Out Value* Reported
BLAIR (WILLIAM) & COMPANY, L.L.C. 2,400,000 .43 $72,000 31-Dec-07
http://finance.yahoo.com/q/mh?s=CYBL.OB
https://www.williamblair.com/Pages/index.asp
What the hell are you posting stuff about masts on here for?
Well I am glad that they didn't call you back because hopefully they have better things to do with their time like dealing with military and homeland defense contracts. I would imagine that these are pretty busy times at Cyberlux. I work for a publicly traded company and we are experiencing huge growth and everyone is very busy and our staff does not have the time to address every small time investors questions about the company. That is just how it works. Sorry your feelings got hurt.
That is write off of debt from the loss of all those shares converted by NIR hence the lawsuit. Lots of companies will go ahead write down debt to get it out of the way when they expect future growth so it is not hanging around making future filings look bad. I hope I described that correctly. I know it looks scary but that is why this is a penny stock. This board and the yahoo board has beaten that dead horse many times months ago when it was reported. I would not worry about it too much now because this is a small company about to experience huge growth. If you are looking at scrutinizing fundamentals you really should not be trading penny stocks and you need to start looking to the big boards. Pennies are all about potential and Cyberlux's potential is growing everyday. I knew the bashers would return soon because this baby is gearing up for another run.
Quit being a negative Nelly. The agreement was made in Aug. or September and then they sent them a tower to test in Dec. There has been no indication of anything you said.
I am not sure if they are the culprit there. I think that technical traders were selling on the news at the resistance point in the chart. I only blame MM's when these tiny trades go through at the bid and then they drop the bid and ask. I think they are trading with themselves. We are going to need some news that we all were not expecting to make this thing run really hard.
If MM's and morons will stop dropping the bid with tiny trades.
Are those pictures in the Ibox new? I have never seen those towers before. Sweet.
People need to realize that these guys are still trying to turn the corner. From everything we have seen this year should be great for them. If you guys have done your DD you know that these guys are legitimate businessmen and not your normal penny stock low lifes. They have all been involved in the past with established companies and successful business ventures. The LED market is just now heating up. It will get better but there are still some bumps in the road here. If your want some established stocks then you need to look at RBCN(love it) and Cree. This is the wild wild west of microcaps and it is going to take some more contracts and news to really get this going. If you stop and think about it this latest news is not new at all. We all knew about it coming months ago. It has lent credibilty to them and attracted some new investors but we are going to need more than this to make it run. Good luck.
Called the TA. Only 100,000 shares dumped into this PR. OS is 552,542,883. The dilution that has come over the past few months has been very little. That is only 200,000 shares since September.
I know as much as you do. I am just assuming. People keep talking about dilution but actual dilution has been minimal over the past several months. We will just have to wait and see.
RG Global settled with NIR last month and RG had the same lawyer. I think it will be settled soon and nothing will change.
TA is not open yet. They don't open till 8:30 pacific time. This just looks like a low volume shake based on technicals to me. The rsi hits 70 and technical traders sell. That is how they trade.
It is a low volume shake down. We will be OK.
I agree. I see some CYBL chatter across the boards tonight. People may start to take some notice finally.
I have been surprised by the lack of attention CYBL gets for a while now. Things seem to be turning the corner for them now and they are in a very hot market. People will start taking notice of this now and if they do some DD they will realize that it has a lot of potential. LED lighting will be a bull market for years to come. I also love CREE and RBCN.
CYBL. Great PR this morning. May run all week.
CYBL: Todays PR was very solid.
Recent Hearings on Naked Short Selling
Very interesting video. Check it out.
http://www.cnbc.com/id/15840232?video=652216599
I think this better explains what you posted.
new SEC rule is coming into effect tomorrow...
interesting read (ones again):
http://www.otcjournal.com/archive/listserv/20080106-1.html
*****************************************************
Want to hear about something very exciting for microcap investors? No one else seems to recognize the significance of what's happening in the regulatory world. I haven't read anything about the new reg changes in the main stream media. New regs are here, and they should be very favorable for microcap investors.
Let's set the stage. Companies go pubic for two reasons- 1. Access to capital, and 2. an exit strategy for founders and a way to enhance employee compensation.
Small companies need capital to expand, and there are a dearth of hedge funds in the business of financing small companies. Thanks to 10 years of loopholes in the regulations, capital has been too easy to get, and free trading shares too easy to issue.
For many years there has been a big and pervasive problem in the microcap world: Excess supplies of stock from financiers who engage in "no risk" financings depressing stock prices. How can a financing be no risk? Glad you asked: Here's how- by creating securities- i.e. convertible debt and preferred issues, that convert at a discount to the market, no matter how low the market goes.
Until the Reg S loophole closed about five years ago, companies were able to issue unlimited quantities of free trading shares to "foreign entities" who were exempt from registration. This allowed small companies to engage in highly toxic financings and led to many abuses in illegal short selling.
In the last five years "death spiral" financings have become popular. Companies would engage in the issuance of convertible securities with floorless conversion features. The companies would then go ahead and register hundreds of millions of unissued shares on behalf of their financiers. Once registered, many financiers were very aggressive on the sell side with little regard for market value, because it simply didn't matter to them. In this high risk business, repatriating the capital is all that matters. Hedge fund managers live and die by their monthly returns.
One year ago the SEC finally did something about the problem. Rule 415- a loosely defined new regulation started being enforced by the SEC. Under this new rule microcap companies were only allowed to register 30% of the number of shares owned by non affiliates and the public. Another words, if a company had 50 million shares I&O, and 25 million were owned by founders and insiders, the company could only register up to 7.5 million shares (30% of the remaining 25 million).
Rule 415 solved the problem of massive excess supplies, but in doing so created another problem- access to capital. Financiers, formally willing to finance micros on a relatively risk free basis, were now forced to take on very substantial risk. Hence, the supply of capital to small companies became more scarce.
Here's where the SEC stepped up and implemented some new rules that are favorable to micros. They changed a number of the requirements under Rule 144 as a kind of "give back" for what they took away with Rule 415.
Previously, newly issued and unregistered shares were eligible to be resold into the public markets after 1 year under Rule 144 with one major restriction- the number of shares that could be sold every 90 days under Rule 144 was limited to 1% of the I&O every 90 days for any one shareholder.
Under the newly implemented Rule 144 requirements, shareholders are eligible to sell under Rule 144 after six months instead of one whole year, and the 1% collar has been lifted. These new Regs go into effect on February 15th.
Here's the net result of all these reg changes in my view as it relates to open market investors:
Financiers will have to be willing to take more risk in micros under the current regs.
Fewer companies will be able to obtain financings
The ones that do get financed will have a higher probability of success
There will be lower failure rates amongst the good micros that are able to obtain capital
Net Result: Fewer stocks to choose from, more winners, less losers. Eventually, more investors chasing fewer ideas, and better ideas.
In the 20 years I have been involved in the microcap world, this is the first major regulatory change implemented by the SEC that I feel is great for microcap investors.
This is all really good stuff for microcap stocks, and bodes very well for the future of this end of the market. This is not to say there won't still be losers in the microcap world- there will be, and you need to accept the inevitable if you are going to invest in this end of the market.
Barring a rough road in the overall markets, new reg changes from the SEC, for the first time in my experience, should yield better profits for microcap investors.
Now, if we could just get rid of Sarbanes Oxley- I can't blame that one on the SEC- Congress, wanting to appear like it was doing something to protect investors in the post Enron Era, hung that regulatory mess on public companies. Repealing the SarBox mess would be heaven sent for bottom line profits and an oppressive regulatory system. All Sarbox has done is turn the auditing firms into legalized extortionists.
We can only hope. I'll take what we got this year, and be happy for it.