SideChannel Inc (SDCH)

[UncleHenry2020]

Have any of you actually read the recent 10q? I have. The company is only surviving by selling stock at well below the market. The company, which claims to be so high tech, spends about 100K on R and D. That is pathetic for a tech company. The revenues are paltry and substantially less than what the CEO pays himself. The auditors do NOT consider this company a going concern. The company will continue to sell shares to fund its money losing operation. That's why the stock will NOT go up. In the last year common shares went from 4.4 Million to 6.2 Million. Dilution??? But not to the CEO! He will continue issue shares to himself while he has accomplished virtually nothing in 5 years. Wait til next year! Then wait another year and another. The ONLY person benefitting is CEO Michael de la Graza, everyone else is being diluted like crazy. Do you still wonder why this stock has gone NOWHERE in 5 years under de la graza. I have a large position which I inherited and no firm on Wall Street will make any market in this stock. Goldman Sachs trading desk considers this company worthless. I'm sorry to be so blunt when so many of you are drinking the coolaid and claiming the stock is going up any day now. It can't go up because the company needs to sell shares at BELOW MARKET to survive.