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Cipherloc Corp. (CLOK)

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Last Post: 5/22/2022 4:39:38 PM - Followers: 116 - Board type: Free - Posts Today: 1



Business Description: 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. CipherLoc Corporation is a provider of advanced encryption technology that enables smarter privacy and better security both today and in the coming quantum computing era. Our innovative solutions are based on patented polymorphic encryption technology which adds a layer of protection to existing products, services, and applications. We deliver solutions that are secure, synergistic, and scalable across a variety of applications and markets that demand mission-critical encryption capabilities.

Contact Information:

6836 Bee Caves Road, Building 1, Austin, TX 78746
Phone:  (512) 772-4245
Email: info@cipherloc.net


Profile Data:

SIC - Industry Classification - 7374 - Services - Computer Processing and Data Preparation
Incorporated In: TX, USA
Year of Inc. - 1953

Company Officers:

David Chasteen - CEO
Ryan Polk - Interim CFO
Nick Hnatiw - CTO

Company Directors:

Tom Wilkinson - Chairman of the Board 
Anthony Ambrose - Lead Independent Director
David Chasteen - Director
Dr. Sammy Davis - Independent Director

Investor Contact:

Matt Kreps, Darrow Associates Investor Relations
(214) 597-8200, mkreps@darrowir.com


The CEO, directors, and officers of the Company will hold office until additional members or officers are duly elected. The background and principal occupations of the directors and officers of the Company are as follows:

Anthony Ambrose, Lead Independent Director, Executive Committee Member, has served for the past six years as a director, President and Chief Executive Officer of Data I/O, the leading global provider of advanced data and security programming solutions, and a Nasdaq listed company (DAIO). Prior to Data I/O, Mr. Ambrose was Owner and Principal of Cedar Mill Partners, LLC, a strategy consulting firm since 2011. From 2007 to 2011, he was Vice President and General Manager at RadiSys Corporation, a leading provider of embedded wireless infrastructure solutions, where he established the telecom platform business and grew it to over $125M in annual revenues. He was previously general manager and held several other progressively responsible positions at Intel Corporation, where he led development and marketing of standards-based communications platforms and grew the industry standard server business to over $1B in revenues. Mr. Ambrose has a Bachelor of Science degree in Engineering from Princeton University.

David Chasteen, Director, Chief Executive Officer, brings direct leadership experience in the information security, military and intelligence communities. He is currently the Chief Information Security Officer (CISO) for the San Francisco Police Department and the President of the San Francisco Veterans Affairs Commission. His background includes serving as a Captain with the Third Infantry Division of the United States Army, working as a Financial Advisor at Merrill Lynch and UBS, and as a Chief Technology Officer at L-3 MPRI. Additionally, he served on the Iraq and Afghanistan Veterans of America (IAVA) board of advisors before joining the National Clandestine Service and serving as the Executive Officer of the CIA’s Covert Action Staff. He has also worked as the Threat Intelligence Officer for the City and County of San Francisco. David earned a BS in Political Science at Ball State University’s Honors College.

Ryan Polk, Interim Chief Financial Officer, brings more than 25 years of experience in executive and financial roles at companies ranging from emerging growth to the Fortune 500. Mr. Polk has been the principal of Perissos Partners, an executive consulting firm, since June 2017. While at Perissos, Mr. Polk served in CFO roles at Generation Next and Cellpoint Corporation. From July 2011 to May 2017, Mr. Polk served in executive roles in the portfolio companies owned by Lacy Diversified, a family office based in Indianapolis, IN which actively managed investments in distribution, light manufacturing, and supply chain management with combined revenue approaching $2 billion. He also led the mergers and acquisition team for Lacy. From August 2008 to June 2011, Mr. Polk served as the Vice President for Corporate Financial Planning and Analysis for Brightpoint, a publicly traded, Fortune 500 mobile device logistics company, based in Indianapolis, IN prior to its sale to Ingram Micro. He began his career at Ernst & Young in the firm’s tax consulting group. Mr. Polk earned a Bachelor of Science in Accounting and Industrial Management from Purdue University – Krannert School of Management in 1990. Mr. Polk is also a certified public accountant (inactive). 

Tom Wilkinson, Chairman of the Board, brings a background in public accountancy and C-level executive experience for a Nasdaq listed company to Cipherloc. He owns and operates Wilkinson & Company, a financial and business consulting firm focused on emerging growth pre-IPO and public companies. Mr. Wilkinson previously served as the Chief Executive Officer of Xplore Technologies until the sale of the company to Zebra Technologies in 2018. Xplore was a NASDAQ listed public company and the sale resulted in a superior return to the investors. Prior to becoming the CEO, Mr. Wilkinson served as the company's Chief Financial Officer and led a successful operational turnaround driving the business to profitability. He is also an experienced audit partner at a public accountancy firm he founded and grew to seven offices and served as CFO of Amherst Holdings, a privately held corporation. Mr. Wilkinson currently serves on the board of Astrotech (ASTC) and is a CPA in the State of Texas.

Dr. Sammy Davis, Independent Director, Executive Committee Member, 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.

Common Shares Outstanding:

9/30/16 - 5,268,859
2/2/17 - 5,675,359
11/14/18 - 40,783,164
8/19/19 - 40,783,164
12/31/19 - 41,972,510
2/8/21 - 27,377,696
5/17/22 - 87,560,647

Share Structure (as of 5/17/2022):

Authorized Shares 681,000,000
Outstanding Shares
Par Value - 0.01
Shareholders of Record - 449
Restricted - 
Unrestricted - 58,461,898
Held at DTC - 57,470,175
Float 57,914,474 as of 2/11/22

Transfer Agent:
Pacific Stock Transfer Co.
4045 Spencer St # 403
Las Vegas, NV 89119-5272
(702) 361-3033

SEC Filings:
Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
CLOK News: Current Report Filing (8-k) 05/18/2022 04:31:58 AM
CLOK News: Quarterly Report (10-q) 05/13/2022 12:49:03 PM
CLOK News: Statement of Changes in Beneficial Ownership (4) 03/29/2022 11:17:27 AM
CLOK News: Statement of Changes in Beneficial Ownership (4) 03/29/2022 11:15:53 AM
CLOK News: Statement of Changes in Beneficial Ownership (4) 03/29/2022 11:15:42 AM
#23297  Sticky Note Cipherloc Agrees to Acquire SideChannel Inc. Expanding Cybersecurity clok-em-dead 05/18/22 08:13:53 AM
#22673  Sticky Note Updated "likely" Q&A with Tom Wilkinson! TronCarter 04/09/21 10:19:50 PM
#23378   The 2022 NCLGISA Spring Symposium will be held BrianHaugli 05/22/22 04:39:38 PM
#23377   Looks like OUR company has a new address….. https://sidechannel.com/sidechannel clok-em-dead 05/20/22 05:40:17 PM
#23376   I love this section on our SideChannel website ….. https://sidechannel.com/ciso clok-em-dead 05/20/22 05:38:16 PM
#23375   Totally Disagree. ALL SHAREHOLDERS should be happy that clok-em-dead 05/20/22 05:35:18 PM
#23374   Lots of chatter and speculation regarding CLOK announcements TronCarter 05/20/22 05:04:58 PM
#23373   Grab your coffee or a cup of tea. clok-em-dead 05/20/22 03:56:33 PM
#23372   Doesn't it seem funny that the company that CLOKtickticktick 05/20/22 12:11:38 PM
#23371   Sorry, I meant Brian Haugli. nt2innovate 05/20/22 06:58:24 AM
#23370   Thought it was a great call. Tom Haugli nt2innovate 05/20/22 06:50:01 AM
#23369   This may be a comparable company for Cipherloc clok-em-dead 05/20/22 06:40:01 AM
#23368   I look forward to the future. Looks candyldy 05/19/22 09:16:23 PM
#23366   I heard nothing negative on the call. In CommonMan 05/19/22 07:26:07 PM
#23365   I would love to hear thoughts on the clok-em-dead 05/19/22 06:02:32 PM
#23364   https://sidechannel.com/cisolife/ clok-em-dead 05/19/22 05:17:47 PM
#23363   From the recent 8-K: CLOKtickticktick 05/19/22 04:32:43 PM
#23362   It’s a penny stock shell company. The SideChannel Olle Beta 05/19/22 03:47:00 PM
#23360   I previously and recently questioned on this board CLOKtickticktick 05/19/22 02:14:15 PM
#23358   Is castleshield next? candyldy 05/18/22 11:12:15 PM
#23357   Yes they have had CC before. But clok-em-dead 05/18/22 09:10:49 PM
#23356   Have they had these calls before? What have rwalto 05/18/22 08:27:18 PM
#23355   Shocked this did not get more volume, especially rwalto 05/18/22 08:26:31 PM
#23354   Very interesting…..scroll down to our customers. It’s a clok-em-dead 05/18/22 07:28:00 PM
#23353   From SideChannel website We’re excited to announce SideChannel has clok-em-dead 05/18/22 07:24:12 PM
#23352   From LinkedIn Brian Haugli • Following The leading cybersecurity firm clok-em-dead 05/18/22 07:21:16 PM
#23351   Excellent point. clok-em-dead 05/18/22 06:17:12 PM
#23350   I'm worried that calling it dilution may end CLOKtickticktick 05/18/22 06:14:40 PM
#23349   I do worry about all the dilution. But clok-em-dead 05/18/22 04:50:29 PM
#23348   Agreed. The CC should shed some much clok-em-dead 05/18/22 04:26:10 PM
#23347   Name change to SideChannel seems likely. Ultimately this Olle Beta 05/18/22 04:21:59 PM
#23346   Agree. It's been a long wait. Hopefully good nt2innovate 05/18/22 03:52:30 PM
#23345   It certainly seams like a win win for clok-em-dead 05/18/22 03:50:50 PM
#23344   It's gonna be fun watching this company grow. clok-em-dead 05/18/22 03:46:58 PM
#23343   Of course if Warrants are exercised, that would nt2innovate 05/18/22 03:44:18 PM
#23342   72 million warrants and ~85 million outstanding shares. candyldy 05/18/22 03:43:21 PM
#23341   My back of the envelope, 88 mil shares, nt2innovate 05/18/22 03:41:17 PM
#23340   This is not mdlg company anymore. He has clok-em-dead 05/18/22 03:40:03 PM
#23339   I wonder how Mr Chasteen likes being called Stock_Barber 05/18/22 03:35:07 PM
#23338   I really didn't do the math on the shares. clok-em-dead 05/18/22 03:32:27 PM
#23337   There are about 72 million Warrants outstanding for nt2innovate 05/18/22 03:29:28 PM
#23336   Conference Call Tomorrow. 5pm clok-em-dead 05/18/22 03:23:10 PM
#23335   I wonder how Mr Chasteen likes being called clok-em-dead 05/18/22 03:15:44 PM
#23334   I'm pretty sure that shareholders of the company clok-em-dead 05/18/22 03:00:14 PM
#23333   Gawk was years ago during the asps holes clok-em-dead 05/18/22 02:46:33 PM
#23332   The names and faces change... Stock_Barber 05/18/22 02:36:37 PM
#23331   Help us out, is DeGarza still CEO? Olle Beta 05/18/22 02:33:12 PM
#23330   Where have I heard that before? Stock_Barber 05/18/22 02:31:49 PM
#23329   Different management. Different story. Olle Beta 05/18/22 02:24:36 PM
#23328   SideChannel revs: 2020 $1M; 2021 $2.1M Olle Beta 05/18/22 02:19:01 PM
#23327   Company presentation tomorrow 5pm. Olle Beta 05/18/22 02:18:50 PM
#23326   Slide presentation available on cipherloc site Olle Beta 05/18/22 02:18:48 PM
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