Cipherloc Corporation (the “Company”) was incorporated in Texas on June 22, 1953 as American Mortgage Company. On March 15, 2015, the Company changed its name to Cipherloc Corporation. The ticker symbol is CLOK and trades on the OTCQB.
The foundation of modern security relies on encryption technology to protect sensitive information and maintain user privacy. However, modern encryption algorithms are easly broken with the massive amounts of computing horsepower available today have compromised existing algorithms and have made them susceptible to attacks. The CipherLoc mission is to eliminate the flaws and inadequacies associated with today's encryption algorithms in order to fully and securely protect the world's data. CipherLoc Corporation is a data security solutions company. Our highly innovative products - based on our patented polymorphic encryption technology - are designed to enable an iron-clad layer of protection to be added to existing solutions. CipherLoc has developed technology that dramatically enhances data security and can be easily added to existing products Is scalable and future-proof. Our solutions are not a replacement of existing encryption technologies but rather an enhancement to them. Our mobile, desktop, and server software solutions are specifically designed to be added to any third-party application, service, or product. With a highly flexible and modular technology that can be easily added other software solutions, CipherLoc can support a wide range of use cases including any-to-any security (mobile-to-mobile, mobile-to-desktop, desktop-to-cloud, etc.), dynamically-created VPNs (where no provisioning is necessary), and many others.
825 S Main St, Suite 100, Buda, TX 78610
Registrant's Telephone Number: 702-818-9011
SIC - Industry Classification - 7374 - Services - Computer Processing and Data Preparation
Incorporated In: TX, USA
Year of Inc. - 1953
Michael DeLaGarza - CEO, President
Milton Mattox - COO
Albert Carlson PhD - Chief Scientist
Sammy Davis PhD
Michael DeLaGarza - Chairman
Milton Mattox - Vice President of Sales and Marketing
Carl Ranno - Secretary and General Counsel
DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE
Directors and Executive Officers
Set forth below is information regarding the Company’s current directors and executive officers. There are no family relationships between any of our directors or executive officers. The directors are elected annually by stockholders. The executive officers serve at the pleasure of the Board of Directors.
|Name || ||Age || ||Title |
| || || || || |
|Michael De La Garza || ||60 || ||Chairman, Chief Executive Officer |
| || || || || |
|Albert Carlson, PhD || ||59 || ||Director, Chief Scientific Officer |
| || || || || |
|Sammy Davis DrPH || ||71 || ||Director |
| || || || || |
|Milton Mattox || ||56 || ||Chief Operating Officer |
The Chief Executive Officer, directors, and officers of the Company will hold office until additional members or officers are duly elected and qualified. The background and principal occupations of the directors and officers of the Company are as follows:
Michael De La Garza , 60 years of age, is the Company’s Chairman and Chief Executive Officer. Mr. De La Garza has 25 years’ experience in the software industry as an executive officer and founder of numerous companies both private and publicly traded. His career started in 1991 as the COO of a medical imaging company and subsequently founded or co-founded three other software companies where he served as President and/or CEO. Michael studied computer science at Southwest Texas State University and received a Computer Science Technical degree from Danforth Technical College in 1980.
Albert Carlson, PhD , 59 years of age, serves as a Director and the Company’s Chief Scientific Officer. Dr. Carlson oversees the development of the Company’s Cipherloc suite of products and reports directly to the Chief Executive Officer. Dr. Carlson created and led teams advancing the state-of-the-art in more than six embedded, computer, and electrical engineering sectors, creating new markets, products, and value for exploitation. He has extensive experience in on-time design to delivery while remaining under budget at all levels of engineering. Additionally, he has worked in many areas of engineering and has focused extensive world knowledge, as well as deep algorithmic, set theory, mathematical, and design expertise. Dr. Carlson holds a PhD in Computer Science from the University of Idaho.
Sammy Davis DrPH , 71 years of age, serves as a Director of the Company. Dr. Davis has over 20 years’ experience in operations, finance, budgeting, financial reporting, revenue cycle management, inventory, payroll, accounts receivable and payable, and information systems in the healthcare industry. He has held numerous managerial positions as the Chief Executive Officer and Administrator. Dr. Davis holds a Doctor of Public Health degree from the University of Texas.
Milton Mattox , 56 years of age, serves as the Company’s Chief Operating Officer. Mr. Mattox is an experienced, senior technology executive with an extensive background in software engineering, application development, IT infrastructure, and offshore research and development team management. His accomplishments include transforming and accelerating technology development and delivery in alignment with worldwide business goals. His professional experience includes an executive vice president position at Lucent Technologies with executive-level experience at Intuit, Mitel, SHPS, Narus India, Signa, and CGI. Mr. Mattox holds a Doctorate in Organization and Leadership from the University of San Francisco, an MBA from City University of Seattle, and a Bachelor of Science in Electronic Engineering Technology from DeVry University. CLOK Security Details
Common Shares Outstanding:
5/20/16 - 4,494,241
6/7/16 - 4,813,541
6/30/16 - 5,176,855
9/30/16 - 5,268,859
2/2/17 - 5,675,359
11/14/18 - 40,783,164
Market Value $ 36,425,672 a/o May 2, 2019
Authorized Shares 681,000,000 a/o May 2, 2019
Outstanding Shares 40,792,510 a/o May 2, 2019 Par Value - 0.01 Shareholders of Record - 1,189 a/o December 31, 2018 -Restricted Not Available
-Unrestricted Not Available
-Held at DTC Not Available
Float 5,165,911 a/o Feb 15, 2019 (increased by 2,736,303 shares from 2018!)
1M Preferred shares issued - convertible 1 to 1.5 common - Convertible to 1,500,000 common
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