Context source · GT-S-D5AA4414CB21
d5aa4414cb218533eac8…67 pages · 18 MBDISTILLATES
Each card carries the governed distillate name from the database. Open the quoted anchor before relying on the interpretation.
$38.7 million
According to the sworn declaration of William Welter in the Atlantic Wave case, bank records produced in discovery confirmed that Cyberlux "received a payment of $38.7 million from a US Government contract to supply drones to Ukraine on September 8, 2023." Rather than use these funds to satisfy creditor obligations or maintain business operations, "Defendants transferred significant sums of money to personal 10
$79 million
Montague rendered valuable services to Cyberlux, including identifying acquisition targets, negotiating complex commercial transactions, developing strategic business relationships, and specifically sourcing the $79 million HII contract for Ukraine drone sales.
Despite receiving approximately $38.7 million in payments during 2023 under the Ukraine drone contract-a Commissionable Contract expressly identified in Schedule 2 of the Agreement and subject to the 5% commission rate-Cyberlux has failed to pay Montague any portion of the $1,935,000 in commissions due on these receipts.
Despite receiving approximately $38.7 million in payments during 2023 under the Ukraine drone contract-a Commissionable Contract expressly identified in Schedule 2 of the Agreement and subject to the 5% commission rate-Cyberlux has failed to pay Montague any portion of the $1,935,000 in commissions due on these receipts.
Montague rendered valuable services to Cyberlux, including identifying acquisition targets, negotiating complex commercial transactions, developing strategic business relationships, and specifically sourcing the $79 million HII contract for Ukraine drone sales.
Montague rendered valuable services to Cyberlux, including identifying acquisition targets, negotiating complex commercial transactions, developing strategic business relationships, and specifically sourcing the $79 million HII contract for Ukraine drone sales.
Based on information available to Montague, including Cyberlux's public financial disclosures and RFA Responses, Cyberlux received approximately $38.7 million in payments from HII during September 2023 under the Ukraine drone contract.
Based on information available to Montague, including Cyberlux's public financial disclosures and RFA Responses, Cyberlux received approximately $38.7 million in payments from HII during September 2023 under the Ukraine drone contract.
Cyberlux has actively encumbered the Ukraine drone contract receivables-the very receivables on which Montague holds commission rights-to secure financing that prejudices Montague's interests.
Cyberlux has actively encumbered the Ukraine drone contract receivables-the very receivables on which Montague holds commission rights-to secure financing that prejudices Montague's interests.
ract during 2023. 23. Furthermore, based upon documents filed by the former receiver of Cyberlux, in Atlantic Wave Holdings, LLC, et al. v. Cyberlux Corporation, et al., Cause No. 2024-48085, 129th Judicial District Court of Harris County, Texas (the "Atlantic Wave case"), Montague has learned that HII is expected to make an additional payment of $25,795,303.38 to Cyberlux in the near term. 24. These payments-both the $38.7 million payment and the forthcoming $25.7 payment-are subject to Montague's entitlement to commissions at the contractual rate of 5% under the 2023 Consulting Agreement. Ma
yable pursuant to the Agreement. A true and correct copy of this Memorandum is attached to the Verified Complaint as Exhibit C. COMMISSION STRUCTURE FOR UKRAINE DRONE CONTRACTS 7. Under Section 3.3 of the 2023 Agreement, Montague is to receive five percent (5%) of the gross amounts payable to Cyberlux for "Ukraine-related commercial contracts." 8. Schedule 2 of the 2023 Agreement specifically identifies as a Commissionable Contract "[t]hat certain line of business related to the sale of tactical drones from time to time for use by the Ministry of Defense of Ukraine, including without limitatio
opportunities, and sourcing the Ukraine drone contracts that became the subject of Cyberlux 's contract with Huntington Ingalls Industries ("HII"). 11. Montague was instrumental in securing the $79 million HII contract for Cyberlux to supply FlightEye drones to Ukraine's Ministry of Defense, which represents the largest contract in Cyberlux' s history. CYBERLUX'S RECEIPT OF CONTRACT PROCEEDS 12. A true and correct co
ht to payments from the drone contract." 40. That assignment directly conflicts with Montague's contractual right to receive 5% commissions on all Ukraine drone contract payments. Moreover, Legalist's claimed indebtedness, as of January 24, 2025, totaled "$7,313,627.17 with fees accruing at a daily rate of $4,364.46." A June 11, 2025 email confirms that Cyberlux has further encumbered Ukraine drone contract payments-by over $2 million in secured debt-via Legalist's "protective advance." In that email, counsel for Cyberlux confirmed the wire transfer. Cyberlux's Active Measures to Place Assets
one manufacturing arm of Cyberlux; • Leading, negotiating and closing on Cyberlux' s acquisition of Datron World Communications, Inc. ("Datron") and subsequently integrating 3
one manufacturing arm of Cyberlux; • Leading, negotiating and closing on Cyberlux' s acquisition of Datron World Communications, Inc. ("Datron") and subsequently integrating 3
VISION DURHAM COUNTY NO. 25CV006375-310 MONTAGUE CAPITAL PARTNERS, LLC, Plaintiff, vs. AFFIDAVIT OF DENIS KALENJA CYBERLUX CORPORATION Defendant. 1. I am the Managing Partner of Montague Capital Partners, LLC ("Montague"), the plaintiff in this action. I submit this affidavit in support of Mo
rone contracts that became the subject of Cyberlux 's contract with Huntington Ingalls Industries ("HII"). 11. Montague was instrumental in securing the $79 million HII contract for Cyberlux to supply FlightEye drones to Ukraine's Ministry of Defense, which represents the largest co
16. Admit that Mark Schmidt is the CEO of Cyberlux Corporation. RESPONSE: Admitted. 17. Admit that Holly Schmidt is the spouse of Mark Schmidt. RESPONSE: Admitted. 18. Admit that Cyberlux began transferring funds from the September 2023 HII payment on the same day that the HII payment was re
of Asset Dissipation," infra.) Recently, in April 2025, after defaulting on a credit agreement with Legalist SPV III, LP ("Legalist"), Cyberlux amended its line of credit with Legalist to increase 9
Mark Schmidt
d this Agreement as of the day and year first above written. CYB~RLUX ~RATION 7#.e _ By: ~~~k Name: Mark Schmidt Title: CEO -7-
H CAROLINA IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION DURHAM COUNTY NO. 25CV006375-310 MONTAGUE CAPITAL PARTNERS, LLC, Plaintiff, vs. AFFIDAVIT OF DENIS KALENJA CYBERLUX CORPORATION Defendant. 1. I am the Managing Partner of Montague Capital Partners, LLC ("Montague"), the plaintiff in this actio
Government
small-cap lighting company into a legitimate defense contractor with tens of millions of dollars in government contracts. 2. Despite Montague's instrumental role in sourcing and securing the largest contract in Cyberlux's history-a $79 million agreement to supply drones to Ukraine's Minist
According to the sworn declaration of William Welter in the Atlantic Wave case, bank records produced in discovery confirmed that Cyberlux "received a payment of $38.7 million from a US Government contract to supply drones to Ukraine on September 8, 2023." Rather than use these funds to satisfy creditor obligations or maintain business operations, "Defendants transferred significant sums of money to personal 10
According to the sworn declaration of William Welter in the Atlantic Wave case, bank records produced in discovery confirmed that Cyberlux "received a payment of $38.7 million from a US Government contract to supply drones to Ukraine on September 8, 2023." Rather than use these funds to satisfy creditor obligations or maintain business operations, "Defendants transferred significant sums of money to personal 10
CONNECT
The canvas follows the database: source to DISTIL record, DISTIL record to knowledge object, then reviewed relationship. Position alone means nothing.
No public CONNECT relationships are attached to this source.
WEIGH
A score appears only when its components and change threshold are published.
The active Website Edition contains no applied score snapshot for this source or its connected objects. That means not assessed—not zero.