An ongoing investigation
The
Cyberlux
Files.
Somebody explain the rest.
Right. A company whose stock traded for less than a penny told the Pentagon it could build 2,000 armed drones for Ukraine. The CEO knew the cost was $4,700 to build each one. Materials, labour, electronics, packaging. The lot. He charged the government nearly $40,000.
In Washington, apparently, a 740% markup is just called a price.
When the $38.7 million advance arrived, the account had $2,297 in it. Three days later, $213,000 went to a Mercedes dealership. Six weeks later, the CEO deposited $850,000 into his personal investment account. Before a single drone was delivered.
In Newport News, apparently, that's somebody else's problem.
Five threads · Pull one. See what unravels.
01Thread 01 · The moneyYou gave $38.7 million to a company with $2,297 in its account. Walk us through that.Follow the money 02Thread 02 · The commission stackFour parties had a cut arranged before the first drone existed.The framework 03Thread 03 · The interpleader$49 million claimed. $23.7 million available. Do the maths.The claims record 04Thread 04 · The securitiesThe stock was being pumped while the drones weren't being built.The securities layer 05Thread 05 · The oversightThe question nobody asked.The oversight record