Advanced digital technology platform operating firm Cyberlux Corporation (OTCMKTS:CYBL) has been in major focus among investors over the course of the past week and that can be gauged from the price action in the stock during that period.
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In the past week, the stock has attracted a lot of attention and managed to bring in gains of as much as 9%. In light of such gains, it may be time to take a closer look at it. As it happens, the company was actually in the news yesterday after it announced that it had been successful in establishing a Channel Business Partnership with the entity The ARG Group LLC.
The partnership is a significant one and it would become clearer when one looks into the specific details. As per the provisions of the partnership, it is meant for speeding up the revenue growth and contracting activities of the Advanced Lighting Solutions, tactical solar power generating solutions, and the FlightEye Unmanned Aircraft Solutions products from Cyberlux.
Hence, it is clear to see that if the partnership does prove to be successful then it could have significant upside for the company and that may be one of the reasons behind the considerable positivity among investors at this point in time.
In this context, it is also necessary to point out that the ARG Group LLC is a business that is owned by service-disabled veterans and is certified as a small business by the HUBzone. It is a partnership that could potentially work in favor of Cyberlux in a big way and that is possibly the reason why there is significant interest in the stock at this point.
It may now be a good idea for investors to consider taking a greater interest in how the whole thing is taken forward by the two entities. It remains to be seen if the stock can continue to add to its gains in the coming days.