Cyberlux Corp (CYBL)

[cashmagnet]

A couple of years ago Cyberlux was viewed as the darling of the OTC: Proprietary lighting technology, drone manufacturing, potential suitors from the government and military sectors--the sky appeared to be the limit. But then the roof fell in due in a large part to lax oversight and the CEO\CFO not documenting things properly for the authorities. Not long after that came the empty promises by Mark D. Schmidt to keep shareholders apprised of events as they occurred via monthly updates. Gradually those petered out and vanished like snowflakes in an inkwell--kind of like Moon Market. (Anyone know whatever became of HIM?) Anyway, here we are...with disgruntled shareholders threatening to smoke Schmidt out with a class action suit which may also include Brett Rosen. Favorable court actions won't atone for the incompetence that cost many of us a metric ton of money much less reimburse anyone for what they've lost--and if recent corporate history is any guide, the fine Mark Schmidt will be required to pay will likely be written off as a cost of transacting business when the taxes come due. I don't know when or if this company will ever achieve the success once forecast for it by Mr. Rosen and the pie-in-the-sky types who post in various forums, bur I wish everyone here good luck with this stock...I'm done...