Cyberlux Corp (CYBL)

[mick]

FBD Group SHPK: https://www.otcmarkets.com/otcapi/company/financial-report/346648/content
On October 7, 2021, Cyberlux Corporation announced the Company acquired 100% of FBD Group SHPK in a transaction
comprised of both shares of common stock valued at $0.10 and $0.20, and a cash component paid out over a two-year
earnout period, with certain equity incentives for continued revenue growth levels, project implementation milestones, and
technology and intellectual property development objectives. Cyberlux intends to make strategic investments for ongoing
technology development and working capital investments for further business expansion in Europe, the United States and
South America. Through the Cyberlux Infrastructure Technology platform, Cyberlux Corporation will expand the Company’s
infrastructure software and hardware technology capability and create ongoing growth in revenue, profit, and shareholder
value, specifically through the implementation of renewable energy projects and the imminent U.S. infrastructure spending
cycle.
Terms:
1. Cyberlux issued 200,000,000 shares of restricted common stock valued at $0.10 to FBD Group SHPK Management
(Enida Rusi).
2. Cyberlux established an additional 50,000,000 shares of restricted common stock as Management incentive shares
valued at $0.20 for achievement of specific business results during 2022 and 2023.

3. FBD Group SHPK committed to $3,000,000 USD revenue in 2021, $4,000,000 USD revenue in 2022, and $5,000,000
USD revenue in 2023.
3. Cyberlux will pay FBD Group up to $500,000 in cash based on certain business result achievements, with $250,000 in
December of 2021 for 2021 Plan results, up to $125,000 in September of 2022 based on certain 2022 Plan achievements,
and up to $125,000 in December of 2022 based on certain 2022 Revenue Plan achievements.
4. Cyberlux acquired 100% of FBD Group SHPK, including its assets, intellectual property, and industry know-how