Business
Cyberlux Corporation (OTC: CYBL) Releases Second Quarter of 2021 Operating Results
Cyberlux Corporation (OTC: CYBL) Releases Second Quarter of 2021 Operating Results.
About this update from Cyberlux Corp.
[{"type":"text","content":"Company has now posted all amended filings to OTC Markets and sees OTC Current status as imminent. RESEARCH TRIANGLE PARK, N.C. (August 18, 2021) – Today, Cyberlux Corporation, (OTC: CYBL), a leading provider of LED lighting and renewable energy technology solutions, released its second quarter of 2021 results which showed a significant increase in revenue year-to-year and demonstrated that the Company is accomplishing its growth milestones as it continues to recover from the impact of the COVID shutdown during 2020. The Company is now accelerating its growth through existing business channels, access to new markets, and through a Company-wide focus on acquisitions and joint ventures.Cyberlux Corporation CEO Mark Schmidt commented:“During 2020, we took full advantage of the adversity presented by the unprecedented global shutdown and focused on the future of Cyberlux, where we were now and how we would grow. We re-envisioned what Cyberlux Corporation could be, what our company DNA could grow into, what competitive advantages we had inherent in our company after over a decade of Department of Defense (DoD) technology development and partnerships with the largest organizations in the world, including the U.S. Military, Boeing, and Cree. We also had significant sales and distribution experience with Walmart, Home Depot, Lowes and many, many others. Further, we now had a foundation in renewable energy and infrastructure projects, from the design and engineering required to build a solar power generation farm or a solar LED street light project, to the solar and lighting products required to execute.Going forward, we envision Cyberlux as a company that is \"Harnessing the Future\" and not just \"Harnessing the Future of Light\", as we previously described the business. Now we will drive operational growth with current and future technologies, through fundamental organic growth and through an accelerated acquisitions and joint ventures strategy to align with companies pursuing technology and product extensions to ours, all with significant future growth. In the course of developing advanced technology products, we have come to identify core technology and product companies, and now these companies can become Cyberlux growth catalysts. Now we are harnessing the future, building Cyberlux into a leading technology company.The overa...