March 27, 2026 Dear Cyberdive Investor, My name is Rick Rabuck, and like you, our family made a good faith investment in Cyberdive. We now find ourselves in the unfortunate position of attempting to recover some, if not all, of that investment. To preface, my intention in reaching out is twofold. First, to ensure that Mr. Jeff Gottfurcht is held fully accountable under the law for any and all misconduct to the maximum extent possible. This is not just a matter of financial loss, but of trust. His actions, if proven, have caused harm not only to investors, but to his colleagues, his firm, his honorable family, and the shareholders who supported him. While that process must and will take its course through the proper legal channels, it is important to acknowledge the broader impact of what has occurred. That said, this effort will not organize itself. It will require leadership, coordination, and a willingness to take action. In my opinion, the absence of a coordinated response at this stage is both frustrating and no longer sustainable given the magnitude of what has occurred. If there is an investor, or group of investors, with the experience, resources, or conviction to help organize and lead efforts related to pursuing potential criminal or civil action against Jeff, I would strongly encourage you to step forward. These efforts need to be coordinated, properly structured, and pursued through the appropriate legal channels, and continuing to operate in a fragmented or passive manner only benefits those who created this situation in the first place. Second, to open a constructive and productive dialogue between investors, both large and small, as well as Cyberdive stakeholders and board members, with the goal of evaluating and implementing a fiscally sound and strategically vetted path forward. In its initial and urgent phase, this would include a shareholder-elected Board of Directors, which would then nominate and appoint an interim or long-term CEO to lead what I hope can be a successful and financially meaningful restructuring of Cyberdive’s management, brand, and business objectives, acknowledging that the obstacles are significant. I reached out to Derek last week to share my thoughts regarding a restructuring of Cyberdive with shareholder oversight. In hindsight, I may have been insensitive and overly aggressive in my approach and I am not sure that I communicated clearly that my objective was to support business continuity and growth and that I was on both his side as well as the shareholders. However, I believe my outreach may have been perceived as a hostile action or a vote of no confidence, which was not my intent. I also recognize that, given the nature of what has occurred and the level of betrayal involved, Derek may understandably be cautious in response to any outreach or offers of help. That said, in my opinion, the company cannot succeed without Derek leading the technology and product development efforts. The best analogy I can offer is that Cyberdive without Derek would be like Apple without Steve Jobs. Given the situation we are in, I believe corporate prudence requires that current management and the Board acknowledge that investors must play a larger role in establishing a revised governance structure, both at the Board and executive level, and that this process should be encouraged and facilitated by current management with a sense of urgency. I would envision this as leadership emerging from outside of Cyberdive, as it is clear that existing internal resources need to remain focused on addressing the company’s immediate operational crisis. As an aside, I personally have no objection to current Board members participating in a newly structured Board and would encourage it, as their past contributions deserve recognition. Ultimately, however, these decisions belong to the investor group as a whole. It is also important to acknowledge that anyone stepping into a leadership, board, or oversight role may be exposed to potential legal and financial risks, including, but not limited to, reported approximate $3 million tax exposure. For that reason, in my opinion, any such participation must be accompanied by appropriate indemnification protections, including the implementation of Directors and Officers (D&O) insurance, and a clear understanding of the scope of liability. Without these safeguards in place, it will be difficult to attract qualified individuals willing to step forward in a meaningful way. This is of import. ******************* While I understand the factors driving discussions of a potential fire sale, I want to go on record as opposing any immediate sale of intellectual property or proprietary assets. In my view, sound corporate governance requires that any such action be subject to a formal Board vote and careful evaluation. ********************** There are several areas that require immediate attention and input. This is not my area of expertise, and I welcome input from anyone with professional experience, particularly with respect to regulatory considerations. Based on my review of available information, it appears that shares may not have been issued consistently relative to investment amounts. I am seeing indications of share pricing ranging from approximately $0.33 to $30.00 per share under what appears to be a single class of common stock. On its face, this raises serious concerns, both ethical and potentially legal, and may have been the result of actions taken by Jeff. This issue is urgent, as it directly impacts our ability to equitably allocate voting rights among investors, and without a clear and accurate share allocation, it will not be possible to conduct a fair or valid investor vote.