Replies to post #10946 on Cyberlux Corp (CYBL)

[the third leg]

and your point is? elaborate please on what you think of the filing and what you think will happen revenue wise in the next 4 months. even better, what to you think the pps will be by years end? thank you in advance

[rattlewatch]

Sounds good to me,

a)Company refuses to dilute.(Great!!)
b)The two sides come to a new agreement.Or
C) the company ties them up in court long enough to pay them off.new funding elsewhere


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Item 8.01 Other Events
On August 21, 2007, Cyberlux Corporation (the "Company") received a Notice of Default from AJW Partners, LLC, New Millennium Capital Partners II, LLC, AJW Qualified Partners, LLC and AJW Offshore, LTD. (collectively, the "Investors"), claiming that the Company was purportedly in default of certain obligations under the Company's notes issued to the Investors due to refusal by the Company to honor any further conversion of notes to common stock. The Company expected to receive the Notice of Default, and is engaged in negotiations with the Investors to resolve the matter. As such, the Company contemplates that either the Investors or the Company will initiate litigation if these negotiations do not produce a resolution.



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