Cyberlux Corp (CYBL)

[qazwsx]

There was as was required as part of recent convertible financings which were signed before recent operations transition I discuss in prior email (very typical of OTC dev stage company; not going to get loan from std bank if have not yet executed on business plan - soon to change IMO w/products distribution) - the actual issued outst shares however are far, far less (less than 100m) and, IMO, will never even come close to authorized total unless company does not make it - if this was case, investors need to have high number authorized already in place and not then go to shareholders at time of firesale. In any event, IMO, conversion is limited so investors can never own more than 5% of company so would take a great deal of time to get any large number of shares issued in excess of what is there now.

IMO, it is in interests of investors to have pps go up not down as they can convert at low price and make a ton. Acc to 10Q filed after financing, this company transitioned from a dev stage company for first time in history (I assume investors know this as well) and, IMO, is now entering into new stage of its history w/sale of products at retail level.

Looks good.