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Wednesday, May 29, 2024 9:33:24 AM
?100%(?
U.
@otcmarkets.com temporary restraining order, or preliminary injunction with respect to conduct
alleged to have violated the false representation statute that applies to U.S mail.
None B. Describe briefly any material pending legal proceedings, other than ordinary routine litigation incidental to the business, to which the issuer or any of its subsidiaries is a party or of which any of their property is the subject. Include the name of the court or agency in which the proceedings are pending, the date instituted, the principal parties thereto, a
description of the factual basis alleged to underlie the proceeding and the relief sought. Include similar information as to any such proceedings known to be contemplated by
governmental authorities.
A complaint was filed on August 22, 2022, in the Circuit Court for the city of Richmond, VA - - Atlantic Wave Holdings, LLC and Secure Community LLC v. Cyberlux Corporation and Mark D. Schmidt. regarding a contractual dispute relating to licensed BrightEye lighting product intellectual property and business development performance. That litigation settled in
2023, and the Company fully complied with the terms of the settlement agreement. Nonetheless, Atlantic Wave and Strikepoints filed a lawsuit in California state court in December, 2023. Cyberlux successfully removed that case to federal court and has filed counter claims against Atlantic Wave and Strikepoints. In a filing on March 21, 2024, the
attorney for Atlantic Wave and Strikepoints acknowledged that the suit in California was erroneously filed, and that he has moved to have the case dismissed. The parties are in
discussions seeking to settle the matter out of court.
Third Party Service Providers rovide the name, address, telephone number and email address of each of the following outside
roviders. You may add additional space as needed.
Securities Counsel (must include Counsel preparing Attorney Letters)
Name:
Carl P. Ranno
Firm:
Law Office of Carl P. Ranno
Address:
2733 East Vista Drive
Phoenix, AZ 85032
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