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wobblenuts

01/15/10 4:16 PM

#23418 RE: jjj373 #23415

From their website.

PRESS RELEASES
January 5, 2010

Cyberlux Responds to Shareholder Inquiries

Dear Shareholders,

We are aware that many of you are curious about the specific settlement terms that led to the disposition of the Cyberlux and NIR Group, Ltd. lawsuit. While we are not at liberty to discuss specific settlement terms publicly, we are pleased with the outcome. We thank you, our shareholders, for your continued support.

January 05, 2010

I think this is all you will ever know. My guess is, it was favorable for Cyberlux, otherwise, why the hush?

Good luck with your stock.


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tsilsgiarc007

01/15/10 4:17 PM

#23419 RE: jjj373 #23415

Yea, we don't know the terms but we do know 5B more shares come on line next week and it seems only logical that is to pay off the lawsuit winner by the lawsuit loser!

Love the comments about new financiers too I just saw. Like these guys have them lined up. LMAO

Bottom line is 194M shares trade on average a day the last 30 days. At current prices ($.0003 TO $.0004) that's an average daily trade volume in dollars of $67,900. That's isn't a lot of money!

If someone sold 50M shares as posted here today that's $15,000.00 exiting that's maybe alot for single working stiff investor but nothing for a hedge fund or really major investor.

Hey trick question what happened to the last company Schmidt worked at?